Member Info for Openpit

Is that the official advice from Bongo Bongo land?

You really need to study gold and the demise of COMEX. Since gold became a class one asset at the end of 2023 the rigging of the paper gold market has started to unwind.

We are in the end game for gold futures being able to dictate the price now Central Government's are buying gold to replace the US doallar and are standing for delivery when their future contracts expire.

What the end price of gold will be is difficult to say but it ain't going down longterm.

This is a good summary of the gold history and the current COMEX problem for European Banks.

The only way out is gold revaluation.

https://youtu.be/25XiuTG-Hrk?si=iRcENgF6i2uiGsnD

Trump and 10,000 dollar gold

https://youtu.be/jLynHFHiyyw?si=ewxLqWAoTqKsxvXB

Now that would be nice

A good explanation of the current gold price hitting 3500 dollars.

https://youtu.be/a550YLJwxLA?si=Vsar4qSlbJf3YFcQ

COMEX - the gold isn't there.

What a time to be into gold.

https://youtu.be/XynQ8Vn1wu8?si=ZsjY-oI5_M-3Z9Sn

Gold is rising on the back of the collapsing US Dollar.

Gold Comex is nearly dead,

Central Banks are continuing to buy Gold.

All looks great for Kefi.

If the cap fits......

Do you believe everybody here to be stupid?

You may be crazy but you are not wrong.

Exactly, keep your eyes on the big picture.

Now, that would be nice.

The RNS today was to keep us upto date because the concrete moves are still in progress. Lots of positives and can't see any negatives in the news.

Just accept that it's happening and the timetable is unpredictable .

Converse with an idiot and you turn into an idiot, unless of course you are talking to yourself.

Found that in a Christmas cracker.

I understand that a lot of the gold leaving London is going to COMEX warehouses to back up the paper gold casino gambling on futures.

Now gold is classified as a Tier 1 asset under Basel 111 buyers of futures can demand delivery and COMEX had no gold.

This is why the gold price is increasing as the COMEX can no longer gamble with shorts and longs to suppress the gold price.

I have no doubt that other banks are also moving gold back into the states for security reasons and cost reasons as the value increases.

Just look at the value of crypto when it just represents a handful of beans and nothing else.

Gold will follow.

When a thick, can't speak properly slapper represents my voice in Ethiopia I get embarrassed. How proud to be British.

Crazy

I agree 100% there will be a takeover offer earlier rather than later when everything is signed off .

The bidder will want in as low as possible so once the initial excitement in the SP has settled.

We need Harry to stick to his guns for the best price and not sell the long term holders down the river.

With a view to production Harry has always said 2 years for first gold pour which could be start of 2027.

We need a price offer which includes the new licence areas or better still we keep them to delelope along side the Ethiopian and Saudi Wealth funds as already suggested by Harry.

JUST FILTER AND STOP CONVERSING WITH THEM.

I'VE SAID IT THREE TIMES NOW.

CONVERSE WITH AN IDIOT AND YOU BECOME AN IDIOT.

Never forget you are receiving information from Harry who has spent the last 6 years keeping the show on the road.

He has to appear optimistic and for that reason stretches the truth about the timetable.

It will get there with patience but don't rely on any timetable quoted by Harry.

What ever your opinions of stringer are he is technically correct in that it was last October and when that was missed all comments on here were end Nov definitely Dec. When Dec was missed it became definitely end Jan 25 and RNS now says end Mar 25.

At this rate first gold will be end 2027.

Harry has never met a deadline to the best of my knowledge and I have been here since 2011 so I have seen all the problems and lived through the consolidation down to 5p yes five pence.

Still invested because this is high risk mining and 15 years is average.