Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
In terms of leverage to the gold price and margins listen to this from 44mins … hopefully we’ll get some news next week in the quarterly updates from both GGP and Newmont
https://youtu.be/W8l5u5Vu_3g?si=zTL-db-HGUSM5HDn
The bickering here verges on embarrassing at times. Who gives a monkey. I want to make money on my GGP investment, that is my priority. Patiently waiting for that RNS outlining what is happening with Telfer and Havieron.
Gold and copper and silver are necessary metals. All we want is to know what’s happening with Telfer and Havieron. But as we discuss it’s looking likely to be a longer wait than we’d like due to the complexities surrounding both. Nothing we can do but wait. Summer is coming so perhaps planning your holidays is a better use of time.
Heddle loves to pump a stock and in the background sell it. He has form.
It’ll be pushing up all year I feel. Up and down but nonetheless slowly up to 2500 and beyond. No reason for it to go down. All currencies are being devalued daily. That won’t stop. The east will keep accumulating gold and silver and they don’t want dollars. BRICS don’t want dollars. No reason for gold to fall back nor stop going up over time.
I am thinking that given the status of Telfer and the large future site restoration liability involved, there are a lot of details to review. Some of the other Newmont sites for sale seem to have found a home, whereas this sale is not as straight forward.
We know Shaun has indicated that for the right price GGP want both Telfer and Havieron. It is a company maker for GGP. So I do understand why this is taking time and could take many more months.
I am interested to see what is in GGPs quarterly update next week, plus, Newmont's quarterly update. I don't expect them to write much about the sale but I do hope they share some news.
Also found this website for the same gold crypto as posted and it shows a different price, a higher price. It was $3081 when Iran sent those missiles.
https://www.coindesk.com/price/pax-gold/