Member Info for macaumike

One teeny weeny BUY. The problem is no one knows who Goldplat GDP are. It almost beggars belief?

BuggerTheBanks yep you are right.

Re interest rates. It is hard to see how in the present environment Governments can raise interest rates as that would mean they have to borrow at higher rates no? And the Fed have uttered low rates for possibly 5 years. Normal economic measures are no longer an option and it is hard to see what is with more printing due? UK want to raise taxes silly buggers as this will lengthen the depression? Any answers anyone?

I am in GDP,SHG, SOLG,POG,FRES and AAZ. Gold seems to have found a bottom round 1900 which will do fine for now. As long as it remains 1900+ I will add on any serious dips.

I am afraid I have been doing so much reading and research that I cannot recall where I read the FRESNILLO was on of only 2 large miners who have managed to increase their metal reserves over the past 10 years or so. Silver is likely to head north by 2021 and so things look good longterm even allowing for recent problems. Can see dividend increasing next year?

You are right UpDownFlat howver it is a worry and I have halved my stake. The are plenty of other Gold miners that are prospering due to POG?

Good stuff boobear. The situation is not sustainable and cannot be pushed down the road (election) much longer. Depression first and collapse of stock market and then maybe some hyperinflation who can say exactly. US due a ****storm and the US dollar will suffer further and the POG rise still further. I would not wish this situation on anyone as it will cause real misery but the situation is not reversible. Of course this cataclysmic event will effect us all but holding Gold/Miners will soften the blow for those wise enough to see what is coming?

I was rather expecting some cheeky offers say 20p

It will depend on the future POG - I think a number of Junior Miners will get gobbled up if the POG goes to 2500$. Just my opinion as many are still well undervalued looking ahead.

Thanks for a useful post based on fact not fiction or ramping or deramping? Have a good day.

that we are a sitting duck for a lowish (initially) takeover. With the POG set fair for some years we are a bargain at present. Watch this space and hopefully more than one interested party. Takeovers will be rampant in the current and future climate in smaller miners?

I think he just recognises the real value. DYOR.

10.5 hopefully never again.

Cleverer eyes than mine will disect but seems as expected to me. Continues forward mememtum.

Well the truth is that Goldplat is so small no one has even heard of it. One day if POG continues upwards and the bottom line continues to rise accordingly the penny will finally drop? Patience is really needed.

If we knew we would all be in clover?

I am faraid that mnipulating the silver market is relatively easy - it is so small compared to Gold? But it is on a bull run so who knows where it will all end? 150$ according to some.

is good news as POG looked a little rudderless?

You forgot the dog?

I sold some this morning and have now repurchased them at a nice profit. All will be well once things settle down.