Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Sectors also have cycles, as does crypto. The very same was said about crypto when it surged during lockdown and subsequently crashed.. look at it now.. now yes there are catalysts (the BTC halving etc), but the POG passing $3000 as expected will no doubt create a sector bull run and I fully expect miners to have a run.
I don’t hold cryoto btw (mainly as you can’t hold them in an ISA and CGT threshold is now £3k).
Will always remain cautions and I hold less than I used to but yes today’s news is promising and something to build off in the knowledge more is on the way (as per Doc’s tweet). I think the miners are due a rise and talks of $3k+ POG could kick off a sector bull run. Like with Alt coins micro caps like ECR could stand to gain the most % wise. Important to set limits and realistic exit points though. I’m eying 1p to claw back som losses!
Much more positive! speculation or ore bodies, POG rising, tax deals and potential partners could get this motoring. Stuck another mill in the ISA as it refreshed this morning. Steady as she goes but makes Victoria more attractive again after the write off a year or so again. Let's have a wink then Ti, lol.
'taken no salary only shares'
Well the new boys maybe but 2023 accounts show salary/consultancy fees of £203,294 for employees on the whole (With AJ taking £51,644 consultancy fees on top of salary!) - Still mouths to feed moving forward regardless cuts.
''The Company made a loss for the period of £1,772,670 before taxation and foreign exchange adjustments. Nonetheless, the Company held bank balances of £84,338 at the year end.'' - That's a big loss for the results we ended up with ffs and AH doing a runner! - Incidentally, at a glance of employee expenses for the recent periods I can't see anything for Haythorpe? Was he working for free? I probably missed it?! Seems odd.
Need to get cracking in QL asap really considering the time it takes to mobilise, drill and get results back. IF the Victoria results aren’t special we’ll be in a bit of a dilemma as we’ve only made baby steps on our other tenements so far, even though ECR ranted and raved about them for years! Even if QL is JV’d at a lower % it’s still better than doing nothing.
Literally! Yana’s only post for 30 days and it’s to say GGP is done, lol.
Personally I was hoping for a dip until after the 6th, ISA feeling hungry and more bang for buck. This will obviously turn (pending disaster).. you bang unfind gold + this is SD’s dream scenario (owning 100%). Patience.
Lab delays again (they did say increased activity due to gold price in the area).. but ffs, story of oh lives eh! Although they delayed releasing the naff Creswick a year or so ago.. hoping this is just lab issues.
In reality Ti I actually think that tweet was somewhat aimed at the likes of you who over-blow expectations. They’re clearly learning about ways they can utilise it so looks early days, no hint of anything imminent and a double dose of manage the expectations! Gold on the up a good sign though! Just need to find something commercial now!