Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Now $2,328 and rising.
Michael Oliver could be proved right - $2,600 and maybe even higher.
We were robbed.
There is speculation on the ADVFn board that the only explanation for no news is that the meeting hasn't happened. Just saying what they said.
Who coined the phrase "No news is good news"? What an idiot.
I'm finding the lack of trades very suspicious.
By "the vote was lost" - I meant the takeover had failed so SHG could now rise to reflect its true value (20p IMHO) considering the new gold price.
Good point about dealing BT, I was typing at the same time as you - I was writing -
I'm surprised that no trades went through after the vote. If people at the meeting heard that the vote was lost, they would have been buying. Could the lack of buying indicate that the deal was approved?
Yes, we all spotted that, that s why we bought in, many of us years ago. That is what makes the takeover so maddening - we stuck with it knowing that the good times were coming when all the hard work would pay off - and the rewards are being stolen from us.
Kakamega Camp NI 43-101 resource of 1,285 Koz grading 10.60 g/t Au.
"Shanta is pleased to announce" - pleased! They don't care about us.
"he recorded 824 combat missions." - and I believe that he holds the record.
By the way, that piece on the gold price was posted by Bob Moriarty on his site - http://www.321gold.com/, and today, 31st March is the 40th anniversary of the day in which he made history with his daring stunt of flying under the Eiffel Tower (watch it here, https://www.youtube.com/watch?v=_txdqnVP3-c).
He is quite a character - from Wikipedia -
"Robert J. Moriarty (born September 9, 1946) is an American Marine F-4B fighter pilot who holds the record as the youngest naval aviator (at age 20) in the Vietnam war, achieving the rank of captain in the Marines at age 22. Before leaving military service in 1970, he recorded 824 combat missions.
He holds 14 international aviation records including the record for flight time between New York to Paris in two different categories. In 1984, at age 37, he was in the headlines for flying, on March 31 at 11:20, between the pillars of the Eiffel Tower (in Paris) aboard a Beechcraft Bonanza aircraft."
The Wikipedia page about him is a disgrace. It is correct with its account of his famous flight under the Eiffel Tower, but under "Publications" it fails to mention that many years ago he started 321 Gold, which is stil going today. Wikipedia censorship.
Just before I get to gold, may I bore you with more on "pence"?
After decimalisation, people (many, but not all) stopped saying "penny" and "pence", and said "pee" - i.e. 50p - "fifty pee" for "fifty pence", which used to be ten shillings, or ten bob, in proper money.
Other units of currency - a score, a pony and a monkey - but that's another story.
It's Sunday, so nothing serious but it might cheer you a bit - "PROOF THAT GOLD SHOULD GET TO $10 000!! and
SILVER TO $500!! (by 2028?)"
http://www.321gold.com/editorials/lodewijks/lodewijks033124.pdf
Unless you are in need of a bit of fantasy entertainment, I wouldn't recommend wasting your time on it. I've seen it all before - "Gold Going to Parabolic Top of $10,000 by 2012 – For Good Reasons by Arnold Bock, June 2010." and many more like that.
For those who don't know - gold didn't go to $10,000 by 2012.
However, I am coming round to having confidence in the forecasts of $2,400, $2,500 and even $2,600 in April, 2024 - the month that begins tomorrow.
Thank you Grezzz.
I was slightly off in saying that " pence is British English and pennies is American English".
In Britain we do say pennies. "The little girl saved all her pennies in a piggy bank."
The British versus American issue is just when referring to the units of currency.
Anyway, when it comes to gold, Americans won't be talking about pennies. They will be talking about the price rising in dollars, and lots of them.
I never realised before that pence is British English and pennies is American English -
This page explains how to use each of of them.
https://thecontentauthority.com/blog/pence-vs-pennies
Thanks for that video 1755.
At 27 seconds - in 1972 the gold price took off just before a wave of inflation hit. That inflation was caused by war in the Middle East pushing up the price of oil to record levels. Yet again, there is trouble in the Middle East. Has the oil price yet to react to the restrictions on shipping in the Red Sea? Plus the situation could get worse. Yesterday I read that Russian warships have entered the Red Sea.
In the video, he goes on to talk about a rising gold price signalling an economic downturn. Hear what he says at 3 minutes about economic growth.
The US economy has a new, huge problem - and this is by Martin Armstrong no less -
"Francis Scott Key Bridge Collapse – Black Swan Event "
https://www.armstrongeconomics.com/world-news/world-trade/francis-scott-key-bridge-collapse-black-swan-event/
In that article - "Let me begin by explaining how crucial the Francis Scott Key Bridge was to America’s supply chain. Around 52.3 million tons of international cargo estimated to be worth $80.8 billion passed through the port in 2023. Around 4,900 trucks, carrying around $28 billion in goods, must be rerouted due to the bridge collapse. It is the second busiest strategic roadway in the US for hazardous materials. These hazardous materials include diesel fuels. Did you know that diesel fuel is not permitted to be transported via tunnel? Fuel prices will rise, fertilizer prices will rise."
- and - "Baltimore is the largest entry point for all large agricultural and construction equipment, and this will have a ripple effect across US agriculture in general. It has been noted that this collapse occurred during the peak of planting season for Midwest region as the ground has begun to thaw. Our entire food supply is at risk."
By the way, about penny and pence. Something struck me that I had never thought about until now - that we have two plural forms of penny - pence and pennies. I don't know if there any other words in the English language that have two plural forms.
There are one hundred pennies in a pound
When Americans get hold of anything at a very low price they talk about buying it for "pennies on the dollar".
We wouldn't talk about a share price rise of ten pennies. We would say it went up by ten pence. In a shop, we wouldn't say that something cost fifty pennies, we say it costs fifty pence.
Pubs used to have a "pile of pennies" to raise money for charity. Perhaps they still do.
I don't know whether this helps you or whether it adds confusion.
Does anyone know of a rule that explains when to use "pence" and when to use "pennies"?
"If the Patels get their evil way and this bid is accepted and the company sold" - they got it on the cheap and we lost out on our just rewards. I was in TSG when it was taken in a very similar way . It had a huge gold-rich property, high grades, low cost of production, it had everything going for it and just as came out of the development phase and started paying a dividend, someone stepped in, the board recommended the takeover and if I recall correctly, we didn't even get the chance to vote. That stunk.
Hi 1755, don't worry about it at all. Your English is very good. Glad to have you on this board.
This is on the website for the CPS - "Inchoate offences".
https://www.cps.gov.uk/legal-guidance/inchoate-offences
I found it very interesting, and it gets more interesting further down. I am not a lawyer and have never had any legal training. I know nothing.