Member Info for mercedesman

I’m going to spell it out, once, and one only! And then we’re all going to bed because im tired and u rotters have written 1000 posts, and ive had to read every one, stop it!

The GDXJ’s “managed funds” as of 30th Aug were 6.666bn DOLLAR, our share is 0.44%, thats $29m DOLLAR, thats £22.7m POUND

Still with?

It they are buying at 20p thats 110m shares, if we’re 30p by then they’ll be buying about 72m shares, stay with me now.

The fund is US traded. The fund will allocate the shares at the end of the day on Friday 18th U.S time, now that means they may not actually be buying friday 18th but in fact monday 21st. Ok

Why does this matter, because that gives us 7 days to fly, and fly we will. I’ve mocked up a simulation of how its going to go down on my spectrum PC, what we are looking at is a 10% rise from PI’s, a 10% rise from II front runners BEFORE the £22m even sets sail.

BUT!

Here’s where it gets even more interesting! There’s apparently $6-8bn in managed funds that track the GDXJ!!! So they’re in for some as well! Add another 10%

Then GDXJ pile in, 15% based on scientific measurements just made.

We are at 30.61p by Tuesday 22nd

And the best part? No ones selling because Scally news is due 2 weeks later.

Now off to bed, the lot of you!

UT dropped it from 20.05

Have a great weekend everyone! Cher Ching!!!

GUN has fingers in pies on two sides of havieron/telfer, one is only 15km from Telfer

USA is 2.30pm

You are forgetting that there are other funds that track the GDXJ

19.9-20.2 %5.5%

Are we about to get another tsunami of II’s buying?

Hollamatronic - its to do with the way the weighting works, the bigger the mcap, the more they have to buy, im expecting between 20-50m Purchased (if we’re in)

Bluemonday: this is a bit naughty, but totally legal. (Wife works for bank)

You can go to your bank, take a £20k loan for “home improvements”, buy shares in your ISA with it, as soon as you have, sell shares in your regular acc and transfer to your bank acc, call bank, say you changed your mind, they will cancel the loan and only charge you daily interest for the 5 or so days it took for you to do it.

You may need to declare around £8k of your 20k withdrawl From your regular acc for CGT purposes though.

Mayby just do 12k to avoid this

I spreadbet, its easy if u understand leverage.

If u want to invest 10k, but the spreadbetting provider is leveraged at 3:1, then you only need to put down £3333 as margin (giving you a 10k position)

The error comes when people put their whole 10k in (giving them a 30k position) then they wonder why on a 10% drop they have lost £3k instead of £1k

If you want to take bigger positions with limited money its great though, so long as you understand the risk

The other thing is to stick with a “standard account” that will not allow you to go negative (positions are usually closed when you hit -50% loss of acc value, thtey try to tempt you to take a pro account which has higher leverages of 20:1 or even 100:1 but these do not carry the same “Negative acc” protection, so your 10k goes bad and you owe THEM 90k you dont have. When you hear about horror stories on spreadbetting of people losing their houses, Its because they were too greedy, took a pro account, and didnt understand the mechanics.

Welsh, check that fact, a lot of ISA’s (mine included) now let me take out up to £20k and, if i want, put it back in without it affecting my yearly allowance.

- if in same tax year
- but yes, you could not take out £100k and put it back.

Good if you sold 10-20k and then regretted it tho

Based on the fact that every man and his dog on this bb this morning has said they are slicing 100’s of thousands of shares, and we are still climbing.

One has to come to the conclusion that we are in GDXJ and II’s are accumulating as we speak.

Fml i cant type today! 20k max in per year***

Yes all tax free, max is £30k per tear in, you can make squillions and pay no tax. Why anyones uses a sipp i’ll never know

Bought at 0.5p!**

No cousin, I bought at 9.5 and am 39 bagging, you must be about 33?

This is easy to value...

We are 20p now, Hannam will soon explain that due to bulk mining minimum value will be 25-30p

More results will show it to be 35p

MRE will show its 50p-75p

If gold rises to $2500 its 90-£1

If Scally or Goliath hit its £1.90

If all of the above, and gold at $3000, its £5. Not joking, i did the math.

See, easy

Why go have a punt on KEFI, GUN, THR, COBR, ARV, when we are about to drill Scallywag and PRE (Goliath) back to back?!

“Massive bullseye anomaly nearly identical to Havieron”

GGP is the next GGP

The fact is...

Newcrest owns ALL of its Australian projects 100%

Well said tom, 5 years in here, im not taking 19-20p when Hav is easy going to be worth 40p, wait for MRE, Scally or Goliath could be bonus’s

I got asked the other day “when are you taking profits”

My answer was “when they buy it”

I wont have to make the decision. Just wait for that sweet RNS “Newcrest make Bid for GGP, sit back and watch the fireworks. If the experts said they will 100% take it off us, its just a matter of when. After MRE imo

Still holding every share i have, i think we are about 50% of fair value for havieron at the moment. 40-50p is my slice area.

But if Scallywag or Goliath hit, i’ll hold the lot to £1