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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/
Drover is this the one?
https://coinmarketcap.com/currencies/pax-gold/
Interesting chat on metallurgy. De Grey and Chalice also discussed. Relevant to GGP and Havieron / Telfer. Learning about the gold and copper.
https://youtu.be/5P6rC3WtNDA?si=HlCoDO0pvCjKzN_C
I do question someone's intentions when they state they do not own shares but each morning come straight here to read everything and post. Very odd. I'd have thought that person would have other things instead to do. They no longer need to be here as they are not invested. Anyone can watch a company from afar and check in from time to time. But to be glued here when uninvested is strange. To bag this company means they believe there are other better investment opportunities, great, go play on their chat board.