Member Info for LoggyLogbot

Hi Tony,

I've no issue with others investing in crypto but I've said on another couple of boards my main reason for not touching it.

Scarcity is at the root of most valuations. While there is (supposedly) a finite quantity of the Bitcoin crypto and it gets harder to mine the nearer that limit, this is then negated by the perpetual introduction of new crypto currencies. There are so many that its like perpetual dilution as they compete - potentially infinite crypo coins.

I've never been convinced.

I don't think any other board has their very own "Je sus of Aim", saviour of our sinvestments.

Hope Shanta saved up all the gold yesterday and sold it in one big batch bang on 11.30pm last night haha 😀

Only looking at 15 mins delay but 'ask' now at .13

Whilst I would be in raptures with a dividend of 35p, I would assume that any buyout of 30% would not allow Greatland to spurt out 1.75 Billion in dividend payments, bearing in mind that Newcrest wouldn't buy 5% for 60M.

"staring" works better...

Just sitting starting at it instead of the telly.

Breakout???

gold $2,061.61

obviously *** packet figures below but it's still looking good:

for every $10 dollars extra on the gold price, annually that should be roughly an extra million dollars bonus at a production rate of 100,000oz per annum. so weekly, approx $20,000 or £16,000.

i was pleased when $/au broke through $2000, but at $2040 it's bringing in an extra £64k per week to even that figure...

Can GGP get a new 52 week high? 11.3 to beat!

I was just looking at Canada Nickel, who released a Bankable Feasibility study last week.

https://canadanickel.com/wp-content/uploads/2023/11/Release_FS_FILING_VF.pdf

I'm no expert on nickel grades and how to compare, but as GGP are just in the preliminary stages and taking surface samples it does look promising. The second para shows their ore grade. What I do know is that theirs is a huge scale low grade deposit but I would have no idea whether you can read across the figures in a such a basic way. But its worth a look.

Judging by the gold price, I think the SP has now had its little dip / breather and may finish blue.

Purely my thoughts.

"Are we going through 11p? Too scared to look :)"

It feels good.

I've been tied into this share for so long I can't work out if we're now genuinely doing well or I've just got some from of Stockholm syndrome.

Plenty of buying straight after the noon gong - lets hope for one of those post meridiem rallies we were having a wee while ago.

"Should commit to an annual update of resources, it's the norm."

Agree - what was Newcrest's final excuse? They were washing their hair, or something similar? The dog ate it?

Come on GGP let's have a mighty uplift!!!! Lots more gold at record breaking prices would be a cracking way to start the Christmas period!!! Right, off now to check out my frankincense & myrrh holdings.

Wonder if the gold price has meant Newcrest would now meet their hurdle rate?

(If anyone remembers who Newcrest were, from the olden days.....)

$$2,030.51

I've always suspected that next to each desk in the Fool office there is a fence to sit on rather than a chair.

After hoping 12p SP breached, my next hope for this week is that Gold hits it's $ year high - it needs less than 2% to do that, so definitely possible this week with a fair wind. Although an arbitary figure, it's an article headline maker and brings focus to the rising price.

No sign of 'the seller' this morning as yet - probably still lurking somewhere, perhaps crawling stealthily through a ventilation shaft, or maybe lying low in a remote abandoned farmhouse.

Tenth of a penny for each share owned, so £1000 on 1M shares is correct. There are two dividends a year, this is only one of them.