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Its quite normal for a jnr to be now after the initial discovery to settle down to a more gradule increase as more of the ore body is discovered . The shares move to more sticky hands during this process .So from an investor point of view we are now at the beginning of the road to production and cash flow . A good way of enjoying a more ess volitile ride to production is of course to add to your store of share on a weekly or monthy basis to allow a more spread increase in your investment . Not advice just what I do.
For the last 2000 plus years Gold and Silver have been classed as money and are the place to go when nothing else is trusted ,and this will happen again in what will be a world wide recession started by the printing of the dollar . Its current value is in comparrison to it original buying power in 1970 is 3 cents inflation has indeed been caused by lots of factors but none more than the printing of the dollar . The bad news is the whole world in some shape or form holds trillions of them . If the deck of cards collapse as im sure it will the only true form of money will be Gold and some hangers on Its not by chance most of the declared gold buying has increased significantly https://www.irishtimes.com/business/economy/central-bank-stocks-up-on-gold-as-inflation-climbs-1.4744124
The PM sector is about the only sector that have been making real money the last 12 months balance books better than they have been for years . Yes recent volitility is being brought on by the world and its madness. The Gold and silver price does not reflect the true intrisic value of the metals buying power seen quite easily when you go to add to your physical stack prices have not moved ? Do you not think that strange? Also all markets are down but ggp in particular has buyers and large ones as indicated today who would not miss these prices . Its not easy being a gold or silver bug and the constant reminder that we are supressed gets boring but its the facts the dollar is a gonner its been printed to the point of no return and may look good on the chart but that is against the other paper money thats not doing great at all . The fact is the buying power is reducing at a greater rate daily and they cannot do anything about it.Russia has already started trading with countries in a gold back ruble and is getting plenty of customers the petro dollar is slipping it will probably remain for a while but there will be alternative currencys available going forward . Can you imagin what would happen to the world markets when the dollar is seen to be trash , The price of gold has to be held down so as to make the dollar look strong. It cannot be sustained ill leave a link if it shows up usa debt counter which of course increases with interest rate hikes the USA GDP will not cover the debt on the interest payments within months . Lots going on and lots of moving parts masking the USA slipping into recession its inevitable . I am not a financial advisor just my thoughts and observations . https://www.usdebtclock.org/
Last price going through shows on google , but some lovely price action today for ukog , was in from the start off this so pleased that the uk gov have realised that we need to support these companys I believe the HH field can support a lot more wells and with fracking or a control of the water injection could help clear the previous blockages on the Kim as its tight rock and can be blocked easily . Its going to be very intresting obviously a lot mor share fro the onset of HH but he does own more of the ground and if he can release the oil and re inject the water it will make a very big difference ar what looks like the new price of oil . good luck everyone. its been emotional.
Throughout history, gold has been used as a money form in one way or another. From gold coins to paper notes backed by the gold standard, only recently has money moved to a fiat system that is not backed by a physical commodity.
Since then, inflation and a declining dollar have meant rising gold prices. By purchasing gold, people can also shelter themselves from times of global economic uncertainty.
Gold levels may also influence national economies engaged in global trade and international finance.
Hi Investors, The current state of play in the world financial system is being played out now to the end game . The dollar is on its last legs , and soon the world will not want to hold it you can see the beginning of the last chapter as oil /gas may not be traded world wide soon in dollars but the ulternative reserve currency or commodity. Gold is the front runner as you can tell by the amount of gold being purchased by the world banks. it has always been the place to go to and the Banks have indicated that is where we are going again . If you buy physical as a hedge you will know exactley what I am saying as its holding the physical price yet the so called valuation spot price has fallen? That is not by chance the re valuation of PM or commodities in general will be based on Gold / Silver and will eventually stabilize . The price of gold will thn reflect its true worth and role in the future of the financial world. This information can be found all over the markets just look for it or go on and see how much gold physical has dropped in the last few weeks . Good luck everyone and ill see you at the other end of the tunnel . dyor this is not financial advice.
They have probably had the short open for a while, there reasons will be probably an accumulation move as its a no brain investment went slightly above on the 19th but since crypto failed and gold has attracted the fearful this will continue as inflation and banks rob savers . My prediction is a strong gold price to continue as inflation will not be controlled without a major crash in the markets and a re set to take place .https://www.youtube.com/watch?v=a5xTtESnLMc
Great info as usual thank you paddy, I notice your wee country added a large amount of gold to its bank reserves declared yesterday . When banks around the world are buying that amount of gold you can see where the long term view of future producers will end up. Lots of great assets still to be explored great time for GGP . The only thing separates GGP and success in a financial sence is time and as we know time waites for no one. gl everyone
Hi everyone the long the shorts and the others, It seems the new more deadly variant will make it across the globe and an increased risk now of further quantitive easing as economys worst nightmare is inflation plus another global slow down. The market sell off will take place next week and safe havens will be where the cash will go. I believe ggp is well financed lucky !! or just good timing ? In any case gold will rturn to new highs imo and so will miners in due course . Good luck and as always dyor.
#ggp If dreams come true the ggp story has to be one of the best AIM story ever once in a life time find . and the second lowest cost producer , and gold heading to the heavens. With the share price now allowing a cheap entry I could only imagine if the gold price holds above the 18.35 for a few sessions what will happen. dyor
Gold Price Forecast: XAU/USD to see further gains towards the $1917 May high once above $1835 – Commerzbank
The targets are very intresting indeed with so much cover all tech just picked them up !!! Thats the reason why Hav was hidden so long . Its my opinion that the cover is so thick that if they sowed up they are going to be very imressive . The ggp ride is always a rollercoaster and should be enjoyed as it makes a gentle accention with the anticipation of the 360 degree turnaround . Still to be enjoyed if it was easy to make money on shares everyone would be millionaires. Its not easy you just have to by the right company and hold on for the conclution of all the work . We have a bit to go before the end of the ride . enjoy it ...
It never ceases to amaze me in life , when the obvious dstares people straight in the face but they continue to doubt the instinct that humans have for danger , and harm . This instinct should always stay with you when dealing with the vipers and evi dark forces on the internet . Planting seeds of doubt about what is probably the best jnr explorer miner that has been on these boards. Good luck to you all and remember the next time a flurry of negativity raises its head that news is coming that the shorting community may not like. Just my opinion of course.
Havieron lookalike targets identified in new Canning and Paterson South tenements
Tw devo key targets with coincident bullseye magnetic and gravity features have been identifie.
Its not going to be long now before we se gold return as the reserve currency as the $$ fails . The reason most are buying gold and have been stocking up its going to be a historic moment for the financial world . Its not by chance everyone is now moving into gold and silver . Im holding for the next 3 months as I believe we may see a new high for gold and miners will follow as profits soar to new highs . good luck you lot, not advice just my thoughts.
https://youtu.be/KpWBf3s4NpI?t=4