RE: Welsh gold28 Nov 2018 20:06
Two 9M buys today. Actions speak louder than words. Says to me, insiders are at play! Expect some good news soon.
Acturley, I think the Gold mine could be a very lucrative investment provided Its handled/marketed the right way! Not because I think there's a lot of gold there, but because of the rarity and Its Royal connection! Sure it will be costly to extract, also very likely, most of the low hanging fruit already gone. The trick IMO, will be creating an exclusive market for it. How much over the going rate, will well off Americans/Chineses pay for a Welsh Dragon stamped 24 karat Clagau Royal Gold wedding ring? Quite a lot IMO! Fact is, most rick folk like luxury/expensive items/brands!
Recently a friend of mine was given (because of a past business deal) a low end Rolex watch, worth about 5K, he was over the moon with it and did not expect it! To me, a watch is a watch, and a cheap swatch will do the job. To be fair though, if I was very well off, I might think a Rolex is very fine crafted timepiece.