Member Info for realranger

I'm guessing toll mill news.

Ps that solitary sell at 8.01 this morning must be frustrating for someone.

Whats the guess. Rns for toll mill, land agreement, own mill deposit, or amazing drill results?

Awax - your Bang On this is a steal even at these low prices, just waiting on the wider market to recognise.

This is what I love and hate about Aim share price flies up or down before News is officially released. Love only due to the thrill.

Let's hope so Away, fed up hearing about bitcoin as no news worthy of chat on here, now its the Condors time to shine expect newcomers to the board. Let's beat the drum and make them aware of the great position this company now sits.

https://www.usfunds.com/investor-library/frank-talk/top-10-countries-with-largest-gold-reserves/#:~:text=With%20the%20largest%20official%20holdings,foreign%20reserves%20at%2079%20percent.

Gold reserves by top ten country holders with commentary as to each country's position, sadly no UK on the list.

When hackers hack, fiat money is devalued and heaven forbid anarchy reins. Not that unthinkable when looking at recent videos from the Capitol building in the U.S.. then physical assets will still hold true.

Good read AWAX. Uncertain times, hopefully not full of doom and gloom.

Not a chance at Brown's Bottom as it is known the price was so cheap it was criminal. 60% of all the UK physical Bullion sold if anyone thinks this was acceptable surprised they are invested in a gold mining company as if all country's took Brown's lead and turned their back on gold as a hedge or safe haven security no point mining.

Just use bitcoin like dollaristion until the bubble bursts as did docot.com and the banking inflation growth.

Yes hindsight is great but so too is foresight.

Anyway I hope I have the correct foresight not selling CNR when it was at 20p.

The UK sold 395 tons of gold over 17 auctions from July 1999 to March 2002, at an average price of about US$275 per ounce, raising approximately US$3.5 billion. By 2011, that quantity of gold would be worth over $19 billion. Roughly the same as today.

Siengred,

I am not writing based on a political view against Labour or the tories etc. But selling gold at the bottom, and in such quantities, if sold at todays prices would have less argument. However After which allowing
Banks to lend lend lend without proper checks or guarantees leading to the banking crisis this Gordon Brown ha sdone more damage to our economy than anyone outside of wartime ever, with the gold sell off top of the tree.

Again sorry to poach info from the other site, it appears other gold mine drill results in nicuagrua are being delayed by up to 2 months due to process issues at the laboratory they use in the country. Not sure how many labs there are to choose from or if there is a choice, let's hope though that our news from la India which is now overdue isn't held up for to much longer

Was a disastrous decision and was done only to raise funds as Gordon Brown thought at the time gold was no longer required as a safe haven backstop and that gold held kittle to no value for our country. Plonker! Sold it so cheaply and the rising price now proves it beyond doubt.

One of the worst ever, if not the worst ever, economic decisions made by Her Majesty's Government.

This bbc news article from last year gives a balanced view on the sale.
https://www.bbc.co.uk/news/business-48177767

Another good piece of info regarding changes in status of physical gold to paper and the impact it could have on the physical asset value. From last month

https://kinesis.money/blog/basel-iii-rules/

Love it Campbells great find. Always be a demand for gold, just wish Gordon Brown had some foresight when he sold Britain's stockholding off cheaply a while back.

Fantastic advice E_L, although frustrated with the past 10years everything is lining up now and folk are getting itchy!! Sell if you can't stand being patient or no longer believe. Still here? Thought so, a run of news due soon and all could shoot this north at which point some will be able to sell and make a profit - good luck.

I personally am in for the ride and believe Mark Child an Jimbo want to sell for a pretty penny. Don't see either of them looking to run a gold mine longer term. Perfect for me, however long term mine if POG stays high may bring greater rewards.

In or out you decide.

Good point regarding the resource left where locals have been mining.

The remaining land I really hope gets solved quickly and unlike C-F I am concerned by it not being completed, however not worrying over it unduly but would be key to any potential sale.

Unless there is a buyer or partnership lined up who are going to fast track multiproduction across a number of projects at the same time and want proof of all the potential including grades at tunneling level before paying a princely sum. If I was a buyer I would want to know this.

The price of gold at current or higher levels is key to the amount of net profit and although looking good for the foreseeable in 10years will it still be good? A major player may want to get all the resource from the area in as timely manner as is safe to ensure they take advantage of the extra profit high gold prices would bring.

Just a thought....