Member Info for MontyMcgree

Speedy that type of collapse would all things we value by fiat worthless apart from survival stuff, it's not even worth thinking about.

Interestingly as of March the Fed is closing their "Bank Term Funding Program" aka BTFP which they started March last year

"The BTFP offers loans of up to one year in length to banks, savings associations, credit unions, and other eligible depository institutions pledging any collateral eligible for purchase by the Federal Reserve Banks in open market operations"

Currently it's up to the tune of 167 billion - 167 billion of liquidity just gone; we will see if it even makes an impact or not as it winds down

It basically just muses Northern Star might be interested in adding and might prefer to add in Aus rather than the US, this is some snippets

"Yet not all of its shareholders are overly enthusiastic about the $16bn Australian-listed Northern Star pursuing more assets in North America, given the track record of Australian miners there. Evolution Mining has moved into Canada, and the process has not been easy.

The preference of some is that it would pursue something closer to home such as a buyout of the $2.2bn Australian-listed gold miner De Grey Mining, creating an Australian-listed powerhouse to replace Newcrest Mining after Newmont purchased the business for $29bn.

Last on the block will be the Telfer gold mine, which Macquarie Capital is mandated to sell. Greatland Gold has first right to buy the asset.

Telfer produces copper and gold and is the largest processing facility in the Paterson province.

The valuable Havieron deposit, 70 per cent owned by Newcrest and 30 per cent by Greatland Gold, is 45km away"

"Structural and geochemical work and a future downhole electromagnetic survey are required to refine the potential for mineralisation to extend into shallower positions within the system"

" Modelling estimated cover to extend to a depth of between 300m and 700m over"

It was only one drill hole Redtrader, hopefully gold pokes it's head up a lot higher, time will tell

Thanks Bamps, now you mention it that does ring a bell, I just spent 5 minutes ctrl+f searching RNS's for that info but couldn't find it

Fortunately I search GGPchat and it came up from a post of yours which said it was released 30th October 2023

"Rudall is a large licence to the SE of Havieron with one Bullseye target anomaly possibly twice the size of Havieron.

Drilled late 2022 1 drill result showing a gold in the intercept . Very early stage drilling , a downhole survey was incomplete due to problems with the drill hole."

Still can't find the source since there doesn't seem to have been an RNS that day

If accurate yahoo says 206k a year for George - https://finance.yahoo.com/quote/ALBA.L/profile/

The Rudall results from April 20th 2023 seemed quite exciting, but it was almost a full year go now

"§ Hole RAD002 intersected 18.25m @ 22.0g/t Au from 924m (uncut) to end of hole (EOH) at 942.25m, including 1m @ 393g/t Au from 926m"

**Next Steps**

The presence of steep dipping veining within the mineralised zone increases the potential that the mineralisation extends to the top of the basement at approximately ~550m below surface. For context, the Havieron deposit occurs at ~420m below surface.

To test this, further structural and geochemical work along with a downhole electromagnetic survey of hole RAD002 to identify any off-hole conductors, will refine the potential for the mineralisation to extend to a shallower position within the basement."

Have there been any updates on Rudall in the past year? I searched some of Dips (thanks Dip) recent transcripts from SD and no mention of it

Thanks Aimingtoplease I assume you're in the hobby? any nice finds?

I used to watch a channel called PioneerPauly, the size of some of the nuggets he finds in rivers I'm not sure if it's showbiz or legit

Also a fan of metal detecting videos and watching people find old gold coins or roman jewellery -etc maybe one I will get a metal detector myself

Oh there is also quite a cool channel about a guy in the US who bought an abandoned town with a silver mine - https://www.youtube.com/@GhostTownLiving

They have a 100% wrong track record but they always predict GGP going up so lets hope they get it right one day.

First of all forgive me for my rambling post

I started following Alba in 2020 (not invested) because I like gold and especially British gold interests me

I know things take time, covid, dewatering permit etc but my god things don't seem to have progressed as fast as you might hope in four years with the Clogau mine; if you said this would be the state of progress 4 years ago you would have been roasted as a deramper

I remember seeing Alba pilot processing plant and chucking to myself how amateur it looked and comparing it to something like Scotgolds Cononish one in Scotland which was more serious; from what I loosely know Scotgold made a wrong turn last year looking for gold and went bankrupt. -all the poor retail investors there who would chat on LSE and dream, crunch imaginary numbers and hope for a big rise in SP waiting for the market to "wake up"

AIM hey.

Congratulations dr magic

JD, you have said I'm not a real retail investor, my duplicity holds no bounds, replied multiple times when I'm trying not to engage with you

I'm sorry if my post scared you

Intraday what was so disrupting about me saying I preferred the smooth sailing path to production with NCM than our current uncertain path? can we not share just a little wistful thought here and there

Do you prefer the current uncertainty? lets stay on topic.

Pointing fingers at me not being retail hurts your own credibility JD :( don't do it to yourself

MH01 are you saying I'm new and spreading FUD? or my post is influenced by that? neither really make sense to me

I have been here and posting since 2020, albeit not so much in recent times because it was only really fun to talk to speedy about gold and banking rather than GGP itself

Any evidence towards that Madmag? I know there were wild theories about NCM, JP Morgan and shorters but to their credit they were rapid with everything to do with Hav, they gave us a loan, they didn't take up the 5%, all good stuff.

Forgive me for a wistful post but i miss NCM

A strong jv partner, a steady ship headed towards production in early 2024; it all seemed so clear and certain

Now NCM gone, Newmont want to sell, production pushed back, who knows what is going to happen

It's hard to have any optimism left though a lot of you posting still seem to have some, not 100% sure why but I guess you might as well be

RIP NCM, RIP my 2020 profits and RIP my optimism

I mean we say it should be over 10 but what is the rush for anyone to invest here atm?

Right so you guys think the SP is based in any significant way on Scallywag hype? of which there is none really.. makes sense :|

Do GGP now pay you to conduct these interviews?