Member Info for leehardcastle

Well put AuInspired, I can be certain of this, the 1450 million shares in the hands of Candy, Drachs and Darren Bowden’s didn’t become part of those sellers today, because they invested in mining, they invested in La India and they invested when the gold pricing was at a fraction of today’s $5000, the upside is now multiples of what they signed up for, and so is ours.

Gold is not down though is Major, you take sound bites that it is, but when you take a monthly view it’s up $650 this month alone, even with today’s $400 consolidation, that is always going to happen before the next leg higher, and as I invest, not trade, I’m happy with $650 an ounce extra on every ounce from Runruno, so you won’t find me sad, trust me, I don’t get excited on the highs, because I know they can be followed with lows, roll on Monday for a exciting Crux video.

For perspective, 30 days ago, the beginning of 2026, gold was priced at $4358, the average price for the 3 months before that was $4100 average, MTL sold their gold over that 2025 Q4 period for $3996.

Gold has hit over $5600 this month and sits at $5150 as I write this, that’s $800 dollars higher than 30 days ago, MTL are reaping that reward, we produce gold now, and the story for La India just keeps getting better, so let the traders sell at every turn, and the investors wait for the real money coming in 10 months time.

Major I don’t bet, I buy and hold, always have, the 10% swings in gold and silver is not normal and shows major issues in the financial world, but those buying and selling their stocks at every move is gambling, both metals swung up to new highs yesterday, then down over 10%, back up to near highs and back down this morning, it’s telling you the collapse is getting close, and whist we see huge volatility, you already hold the correct stock, and precious metals, don’t be fooled, the rush to safety will endure when the AI bubble pops.

Asia trading buys and US trading sells, but who’s winning? It’s clear the Asians know it’s strategy and continue to collect the metals, the West think it’s time to cash in, or worse, short this rise, the shorts will continue to burn, and the west selling are giving up their life boat as the economy and dollar sinks.

Those sold today must be thinking….oh dear, I may have got that wrong, I bet silver and gold are riding high in the morning, Monday is going to be inspirational, the Crux video will bring some serious confidence, Darren’s plan B will be unleashed.

Back up again, those selling on the drop on gold are nuts, it’s volatile because it’s running higher, $100 up or down is normal now, same for our share, up or down a penny, get used to it, it’s the new normal, don’t get excited on the ups, don’t get despondent on the downs, La India is coming and the day to day movements is just noise.

TrueRed, that sideways for 6 months was purely Jim Mellon selling out, it was a relentless head wind, it’s passed and the rises won’t be sold into like they was before, steady away till production.

La India has $22.5 billion FCF should it have 5 million ounces at current gold pricing, any one see a problem with our market cap?

TrueRed, that’s wishful thinking, the same words were used when the deal with Condor gold was struck, at 6p posters said nothing going to happen for 2 years, I will come back then, 3 folded in price since, if you call it drifting to 30p at the end of the year, I will take drifting, trust me, it will be a steady 1p a month to a producing La India, then we will be off to the races.

Monday will bring confidence, Darrens videos are epic.

I think we need to wait for Monday Surrey, the Crux video will explain a lot more, I don’t think we have drilled many holes because of the protesters antics, I imagine he may feel we have a quicker solution elsewhere, as in possibly a defined plot to acquire, Darren has mentioned around 20 offers on the table in a previous video, maybe one now

fits us? Not long for some clarification.

The United States officially ended the gold standard in stages, with the final, complete abandonment occurring on August 15, 1971, when President Richard Nixon terminated the direct convertibility of the U.S. dollar to gold. This action, known as the "Nixon Shock," ended the Bretton Woods system, the price of gold was $42 an ounce, the US debt was $0.39 Trillion.

Today gold is $5200 and the US owe nearly $39 Trillion, so the debts have grown 100 fold and gold has increased 120 fold, as a store of value, you can’t knock it.

We know the US are likely to add $2.5 trillion to the current debt in the next 12 months, another $3 Trillion the year after, and so on, gold will happily track and rise as the debt grows both bigger with ever larger chunks higher each year, Trump has already admitted that’s not an issue for him, and hence the rush to safety, this bull run will last, and those in the banking system know it, hence the central bank buying, the dollar has lost 99% of its purchasing power in just 55 years, that’s a fact, the last percent is now losing its value.

Stay with gold, it’s proven itself already.

Thanks for the reply Ken, it’s not hard to materialise shares (share certs to trading platform) as the brokers want your business, HL do it for free, they just don’t offer it the other way, for obvious reasons as they can’t make money from you if you leave, the share cert is a legal document that shows your share holding of the company, I don’t plan on selling MTL in the next 5 years, I feel the share certificate as safer than having them in a broker, HL have assured me the shares are in my name and that the funds are held safely, but I still worry if the banks go bust, and the funds are in that bank, it would be difficult getting those funds back.

My worry started when IG removed all trading fees, now they have removed annual fees, and also pay interest on any balance not invested, so how do they make money? They sound more like a bank than a broker, as in my funds are not actually in their hands, and being used elsewhere making a higher interest for them, I moved to HL because they charge for trades, and now have annual fees, sounds more like a broker which I like, when something is free, like IG I get suspicious.

Thoughts welcome.

Having not had access to Dupax means he can’t get an accurate assessment in time, he’s not saying it a dud, because he hasn’t drilled enough, Plan B will be mentioned in the Crux Video on Monday, Darren will always have had a Plan B so let’s see what it is, La India is the main course of revenue and we know that’s going as planned, so don’t be disheartened and let’s see what he has to say on Monday, the Runruno plant will be reused, maybe not with Dupax ore, but it will be reused, $100 million worth of equipment, considering the issues we still knocked out a record income, all at much lower gold pricing than today.

I have to laugh, the reserve FIAT currency is weakening, printing money to oblivion, golds telling you that, all countries currencies are falling, they just fall at different rates, it’s like they all jumped out of a plane at the same time, they will all hit the ground, just some get there quicker than others, gold is record highs in every currency on the planet, it’s not just a US problem.

Trump has already told the Fed he wants to cut interest rates, just as inflation is rising further, he doesn’t care about inflation, the market knows what’s coming and the run to gold is set to continue, at ever faster rates.

Thanks for the advice WestofEngland, just bought these shares today with IG, but the rest are going to be certificated, can I start the ball rolling with CREST and hopefully HL will oblige the rest?

I took your advice AuInspired, had a cheeky £8k worth, 30p before year end, may buy a new bike with that £8k when it’s £14k, a bit of fun, vroom vroom.

Let’s be clear, MTL have had a history of issues with illegal miners, in both Nic and the Philippines, they have been dealt with by use of diplomacy and official support, each time successfully, because the locals benefit long term, the governments benefit from $millions in taxes and the government are looking to expand mining for those reasons, like any business, the neighbours don’t want it on their back yard, that doesn’t prevent progress, and the locals will see the benefits when the dust settles.

Monday Crux video will shine light on it all, I am excited to see what Darren has up his sleeve, he mentioned a few hints in the last video 3 months ago.

I have my holding with HL but want to materialise the holding back to a share certificate, according to the help line, they don’t offer that service any longer, of course they don’t, why would they help me leave them.

Has any one materialised shares back to a share certificate, and if so which company did it for you?

Appreciate any feedback.

Believe it, it’s just happened.

That gap will close at some point, the Comex set the silver price with non existent silver paper trades, and the Chinese set it by physical demand, the paper value means zero now, the shorts are getting burned and the true value is coming to be reality, a new reality where ownership is everything, as it should be.

Even the normal media are waking up to gold, not a bad viewpoint considering it’s mainstream.

https://apple.news/A1G2Dv9_NQAeT3tsctMWn0Q