Member Info for Kabaa

Good question

What is the revenue/profit In this and what is the likely profit going to be in the next few years?

Do we have any numbers on this?

Also, cellular seems to have nothing interesting going for it anyway. Cbd oil is very common.

Beckham investing a tiny amount of his huge fortune is not very interesting.

I'll be surprised if the price doesn't flop straight away there. Maybe a 30% up move and complete disinterest in the market thereafter.

This and mgc however, will continue to gain momentum. Imo.

Cbx is complete garbage compared to this.

It'll no doubt be a flop that goes nowhere near as high as this.

Read Tom winnifrith article on it.

It's also a very boring company compared to this.

So please flack off. This company Is far more interesting and has outshined the others for good reason and will continue to do so.

Has anything actually happened here?

This is a very strange down move.

Either we are in for getting cheap stock or there is something out there putting a dampener on things that we are yet to find out about.

Anyone know if the gdxj has to sell shares?

The results were great so it's a mystery what is going on here.

Very exciting rns yesterday. A lot of people will be waiting to see them assays in the next few weeks and they certainly have potential with visible gold.

Unlike many other companies I hold, this seems to have zero risk of any placing now. Having that much cash with a tiny market cap and a bunch of prospective licenses drastically increased the chance we find something this year without a placing to slow down the upside sp.

Just look at gold and copper prices. Stocks all making new highs.

This will have some rapid up days soon that will make this little drift look like nothing.

Head and shoulders forming on the chart, wouldn't be surprised if this is in the 30s by the weekend. A couple of 10% days could do that.

It is said that there are 6 billion ounces of gold in the world above ground with the value of around 10 trillion dollars.

I don't think its an overstatement to say haveiron could hold 30 million ounces.

That is 0.5% of the gold in the world. A truly amazing find for the history books.

Saun already did a small interview with proactive on the 14th Dec, talking of tremendous upside. He seems to have been involved in much bigger projects too so can't imagine he'd take something on unless there was considerable upside.

The price of ggp was around 33p at the time and the week before.

Since then we've had great results from Haveiron.

I don't think we'll be waiting very long for this to get back to the 30s and start heading into the 40s.

Gold didn't stay below 1800 for long either.

If you want a speculative copper play (certainly not as safe as ggp but could move a lot more imo) look at ccz.
Great interview posted last night and interesting he had ggp as his main play - very interesting that an overseas fund has a UK listed stock as their main play. It shows how widely acknowledged ggp is in the industry.
He also said he only buys where they've had a major discovery (which also has been just announced in ccz)

I think this important as the majority of aim exploration stocks are genuinely not very good, have almost no exploration results and are ramped by ceo's who keep diluting the shares and paying their own salaries with most of the capital raised.
When you have a promising early stage exploration stock that actually has a fair chance, the upside is huge in a mining bull market, as their funding and exploration accelerates which gives them a much better chance of developing.

First one for Biden I mean.

When you can print money like that and send it out to millions of people, no-one knows what will happen but I think it may be prudent to have some money in gold and not just the standard mix of bonds and stocks in a portfolio. Especially when yields are so low in both.

The country with the global reserve currency has just signed off a $1,900,000,000,000 stimulus package. Obviously the first one of many.

I'm not one of the hyperinflation whackos but when you print money like that it certainly undermines the faith in the currency.

US stock market at all time highs with very high pe ratios. Simply because there is so much cash out there and it has nowhere to go other than bonds at zero point nothing percent.

Where's left? Commodities and gold in my opinion.

I can see gold at $2,500 by June and Haveiron potentially still reporting mineralization open.

You'll be lucky to get back in below twice the recent high of 39p at that point mercedesman...

2m shares is £520k towards a purchase of a half million pound house.

Ok.

This board really does show how many people have sold recently and want back in.

I said ii's will take your shares and looks like blackrock etc have.

Is the interview with shaun over the weekend?
I wonder how many views that will get on YouTube!!

Yes wonjyn, from memory he needed to do that and sold just enough to pay the tax on the sale too.

Since then we have also found a hell of a lot more gold.

Bully1985.

You would be a good addition to the team at the motley fool. I hear they pay 8 quid an hour for their researchers.

Because a shareholder of 30% can be very annoying and slow you down in many ways.

I think an offer could come any time but we are pretty big even for newcrest.
But in this market it wouldn't surprise me if newcrest raise the money in equity and buy us out in a massive deal.

In gervais latest tweets he didn't mention much but did say the new ceo is experienced in mergers and acquisitions. (Hint?)

Either way I'm happy to hold this and think there's lot of upside but not much downside at this price.

And like that billionaire mining chap said on the video posted last night: "there will be bidding wars for anything that has 5, 10, 15 million ounces"

Soon we'll be proved up bigger than that and fully in that tier1 category.

No, a bunch of people on the internet can smash a tiny stock that's shorted 140%. We see that all the time even here in London. They don't stand a chance in the bigger markets. Remember gold is probably 5,000 times bigger, globally traded and very liquid.
That's why they're all getting stopped out on paper thin margins today.

There's quite a few reasons we are not fully priced , in my opinion but one of the main ones is regulations. The brokers and ii's and funds are attributing way too much risk for this.

For example ive seen people even write on here "we have 4.2m ounces".
Of course we have multiples of that and many people who post here know that but many are using that number.
People are also saying incredibly silly things like
1. They'll run out of money (lol)
2. Exploration is risky (lol)

In my mind I don't have 50% doubt that this will not get mined up, I have 0% doubt. This is one of the best finds in decades and we still don't even know how big it is after a year. We can guess it's over 20mn ounces though and will end up finding more. So this is way cheap imo because most haven't done that much research on it or are misinformed and selling for silly reasons.

All in my opinion of course.