Member Info for Robdog67

I believe 'people' are buying because they fear a dollar collapse. However, whatever they fear , it is something big and gold will be driven higher , could be another banking crisis ? Nobody knows for certain.

Theta is ok , but it is operating in South Africa which is more unpredictable than Nigeria. They also need more cash and have done an ugly streaming deal .

Best stick with thx or Altyn .

Even if the gold price now treads water, an increase in the Free cash Flow multiple will have a dramatic effect on the share price. Newmont will unveil tremendous results on Thursday and the US investors may seriously start to rotate into miners. So far they have stuck with the SP500. Newmont have a FCF multiple of 9 at the moment. At the end of the last Gld bull run it was 18. Thx is currently 3, so if nothing happens other than the FCF multiple goes to 6, then the share price will double.

But ,.......... Gold is just taking a breather, consolidating before another leg up. At some stage over the next few days or weeks , buy the dip.

I don't think gold is finished yet. We have the SP500 crash to come. Then we will see a big rotation into gold. I've seen it all before 🥱

I said less than 6 months ago we would see 75p quite quickly. The FCF is still low at 3,3 . Most reasonable gold producing companies have a min of 6 FCF, which means the next likely target, probably by the end of 2026 will be 130p. If there is a collapse is stock markets , then I expect that figure to be reached sooner than the end of 2026. This isn't ramping, it's what will happen , providing gold remains strong .

Price to sell yesterday was 2.4p , so tender offer is cooking joke. Just want to drive through price down and buy shares on the cheap

Long Road,

I wouldn't beat yourself up about it.

You are obviously an investor and not really a trader.

And you are right 0.35 would be a good price to reinvest. just keep a daily eye on and invest before the 3 months is up .

I would agree with P1 that we are still in the discovery stage which should give a good uplift in the price, that is providing they have some more good results .

The first stage had some super results , but there is a persistent seller in there that keeps selling a 1000000 at a time which is making the price drift down. It could drift back down to near 0.3p if he persists in selling. The results for the next phase of drilling may take 3 or possibly as long as 6 months , so there is a chance it could go that low. He could be driving the price down in order to buy them back at the lower price. Let's hope the second phase is as good as the first 🤞

Thanks for the explanation

Strange how my buy at 16:29 has been chalked up as a sell ?

Why 🤔

Leave off M1Rob

He did a great job at THX😃 when it was 15p

Not so good at S4 cap which he said he bought at 37p and tried to ramp it , unsuccessfully 😂

Obviously, he's doing a great job here 😃, as well

When is it going to affect Tharisa's share price ?

Ridiculously low offer 😂

I can see ANother coming in at that suggested offer !

HC, I think you are wrong to say "ridiculous high gold price". There will be a ridiculous gold price later this year or next when the fear trade really rotates into gold as the only safe haven. Wait till the SP 500 goes below 4500. Then you will see gold really take off 🚀

I see the trolls have disappeared recently . I wonder why 🤔

HC , the thing to remember, gold is not really a commodity. It doesn't react to events in the same way as commercial metals.

It reacts to fear. When the smart investors are fearful they go into gold . They have been hedging for a while now but when the fear really comes in, when the S&P 500 drops below 4500, then the stampede will begin . You are living through a once in a lifetime investment. Enjoy the ride 🎢

Great start to the day . Plus 3p on HL already 👍

Either way you look at it, Thx looks a sound investment for 2025. I can't see gold crashing, given all the fear in the stockmarket. Everyone will be looking for a safe haven, which should support the gold price for this year.

Great read. Gold price steady, couldn't ask for a better breakfast 🍳🥓x

Price holding up well. Gold should continue it's move up shortly.

Start of the next bull phase. Once investors start to really panic they will pile into gold stocks, big style 🙌