Member Info for MH01

Https://twitter.com/NorthstarCharts/status/1770743233485701507

Monty you know what fiscal policy is… gov’s just spending money they don’t have. Helicopter money into bank accounts, to Ukraine, to Israel, to the green movement, all inflationary, all increasing money supply.

I don’t. All governments are printing money. Debasing fiat. Gold should already be multiples of today’s price but the paper market enables fking about with the price. I’ve watched dozens of interviews on this on YouTube from those with decades in the sector. So gold going up likely means the paper manipulation is not working. Silver will rise too as it’s cheaper to buy for the common man versus gold.

Interesting chat. IGO is in the Paterson via JV. Only half the board has mining experience!!

Ggp is far superior in that regard. https://youtu.be/0RPcQEn8yMc?si=g-OdpP-jcQmK6KLw

Telfer sold as is, as a business, as a going concern. So if staff quit they’ll be replaced.

I’m getting impatient as I want to wake up to RNS “GGP and Newmont agree to sell Telfer and Hav to GGP”

Bitcoin rises nothing, but when gold rises people fear the end of the world?

Gold price has to increase due to the proportion of fiat printed the last 100 years IMO. The banks have kept gold down via the paper market to ensure they can accumulate it. Fiat will keep being printed and inflation won’t stop.

For GGP it’s about margins per ounce. Let’s hope they are high.

If costs can be managed it’s good for GGP. Key is the margins, profit per ounce.

We don’t know if the current gold price will stay, fall or rise. Likely an average gold price is used for a valuation. From the past year or two.

Click “news” for the recent articles. Seems to be the FED indicating interest rate decreases this year as the reason

https://www.google.com/search?sca_esv=0a5fb1e02e7ab726&rlz=1CDGOYI_enGB787GB787&hl=en-GB&q=gold+price&tbm=nws&source=lnms&prmd=nivmbtz&sa=X&ved=2ahUKEwipkaz23oSFAxWjX0EAHW-bAIQQ0pQJegQIBhAB&biw=414&bih=720&dpr=2

I have been trying to use paywall bypass websites but no luck, probably the way my laptop and phone are setup.

Https://www.theaustralian.com.au/business/dataroom/potential-northern-star-interest-in-newmont-assets/news-story/ed36a1644f337c6fd773d919a6c58ac5?amp

So you do not consider that sort of thing petty and childish?

GGP is about to encounter its biggest year of its existence and that is what you want to say?

Fred - hi. Your first post today is to have a shot at another poster (Bamps)?

For a fella of your age I wouldn't expect that, it is a bit childish don't you think?

I am sure you can add better value to the discussion then that.

Https://www.youtube.com/@TheDailyGold

Fingers crossed Speedy. Really digging this guys channel I found yesterday https://www.youtube.com/@TheDailyGold

Https://twitter.com/zerohedge/status/1770035016493343070

https://twitter.com/NorthstarCharts/status/1770024694894256324

Let's hope this gold lift off that is in play leads to money moving into the miners and GGP.

Rudall is too deep. Other opportunities need to be closer to surface and closer to infrastructure if GGP want to capitalise. Also drilling costs money, a lot of money. GGP need to focus on return of capital employed. We’re all sick to death of the share price so management need to make decisions that move the share price up.

The next big RNS we all want is about GGP buying the farm. Who cares about Rudall at 900plus metres underground. It’s a decade away at least from being anything.

Let’s focus on the here and now, what’s going to increase the share price now. GGP being a miner with +300k ounces gold/copper per annum, that’s what we need. Instant cashflow. All the other tenements can play second fiddle as that’s the most important thing for GGP… buying Telfer, Hav and the other JV interests Newmont has in the Paterson. Funded all via various banks. Repaid over 5 to 7 years.

IMO everything should be focused on buying Telfer and Hav. Anything else can wait.

Https://youtu.be/fTJiUIEJ09s?si=eaSXYkug67my_oCl

The last 5 mins charts 📈 💰 Just a matter of time

Well you seem positive so that’s good for me