Member Info for Lukeytukki

How long are assays roughly taking to be completed atm?

Nothing should happen until assays, anything remotely decent and we will dip before a rise. Low grades and we are going down before a slow return to this level as people realise something is better than nothing.

I'd hope not as solar has massive government backing and there are international treaties and requirements that the country has to meet.

New here fyi.

I'm not surprised this is resilient atm, we are talking about an industry which has government backing and international agreements in place to bring about the required changes in renewable energy, regardless of whether it is solar, wind or any other form, their will be a need for storage and control of power back into power grids. Battery technology is being heavily researched and improved and this has an attractive yield. I don't think its a stretch to imagine that households may start looking at companies like GSF an alternative to current gas an energy suppliers, i have friends and colleagues who are looking to replace traditional gas and oil boilers and heating systems with electric radiators and electric boilers with a hot water tank pairing. Couple in government schemes to bring down the ROI on domestic solar and this seems like a no brainer....

Probably won't see any significant moves until we have assays back, which i'm content with as it allows for some pay day and top up time.

don't suppose we have a rough idea of how much overhang is out there?

As much as I like the news, is this a legally binding document that is enforceable and actionable?

In terms of assays, based on whats happened so far, we shouldn't hold our breath for bonaza, but we should definitely strike and build up the total amount of gold we are sitting on.

The assays is what i'm waiting for. Sometime in August probably though since they take forever nowadays.

Why is it that no matter the thread I go on... no one can ever seem to just get along. Humans were really made to fight..

yup, drilling season is kicked in, so the predictable rise is here. Now we just need some finds and decent results to maintain or carry on up.

Looks like we may be heading into the slightly upward trend as people buy in before drill season. Hopefully we will beat the previous drill season peak of around 0.0032?

In the last part, those are specific companies, for SMT will switch out bad stocks for good ones over time, or change objectives to suit etc. Unless the market tanks, I don't think you can expect a well diversified fund to go down to the levels of Carillion and Debenhams.

I wouldn't have thought so, those levels were brought about by ever increasing access to easy money that was thrown straight in to the market resulting in massively over valued stocks, it was a good example of momentum investing. Now the fed is switching to fiscal policy gradually which will limit the free money, this exercise with SMT was as much a profit take as it was a correction.

On the face of it this looks like a good investment with a basket of potential goodies.. however the share price performance hasn't been reflecting it.

What have I missed? Is this more of an add it to a pension for 30 years from now and just leave it job?

It has been suggested in the past that this company could get to 30p with the right conditions. Personally I think we try to get to 1p and then 3p.

#JoeKing53 - if anyone else enters into the isolated war, it will quickly escalate to a nuclear war. At that point we will all be looking back on it and asking why we didn't intervene earlier. Our politicians and military leaders and the rest of the NATO reps are well aware that they run this risk and will not push Putin more than they have to.
It all really depends on Putins mental state, if he starts looking at sanctions as a truer declaration of war, maybe it will happen, it all depends on he views the aid being given to Ukraine.

Where is all this doom of global nuclear war coming from? NATO has not and will most likely not join the fight. As long as it remains an isolated fight between Ukraine and Russia, as much as it sucks, we aren't going to see a massive global dip in the stock market.

The reason we are seeing SMT fall is due to it being massively over inflated due to the amount of money that has been printed during the Trump and Biden era that was sent straight to banks to put in to the market. This caused massive over valuations of the stocks and now these assets are finally readjusting the their respective actual values. Its way overdue.

Yes global war threats will be causing people to withdraw money, but have you seen the ftse, its barely dropped compared to the covid and right now, Ukraine can't join NATO and is currently saying its withdrawing from the idea.

Does anyone understand why this company seems to have changed its name to Sushma Geo Corp?

It is an encouraging strategy, just needs to be put in to good practice with decent grades now. Bring on the next season.