Member Info for Scoutt

Not very likely, I hope, just using an extreme to emphasise a point. Gervaise seems to be honest, believe me when I say that is a rarity on aim. Just trying to give investors here the opportunity to reconsider overextension and to advise never ever to fall in love with a share, it’s three letters and it owes you, but doesn’t own you.

Not wishing to put a downer on anyone here, but, be very careful about being overextended to one share especially on aim. There is absolutely no corporate governance, if the Bod decided to tuck Up everyone of the PIs here they could, and there would be nothing you can do about it. Don’t get me wrong I’m here and topsliced to keep my allocation below 10%. Yes there is a possibility it could get to 24p but there’s an equal likelihood it goes back to 2p, I would be a bit gutted, but not devastated. Anyone with more than 20% in here needs to reassess if they are gambling or investing. If like me you are compelled by the gold price, take a look around there’s plenty to choose from most doing very nicely.

Why aren’t investors beating a path to Gpss, certainly with Gpm invested in a range of producers, developers and some exploratory companies in a range of precious metals, all boxes well and truly ticked. On another note even Solg looking to be on a rise.

They are huge in Red Chris, Havieron looking good, on a production starting 2026 and copper as well as gold and silver for me it ticks all the boxes. Newcrest with a high share price Could come in with an all share offer. They could fund development costs from cash flow.

Back to 10% of portfolio, but with a sticky 19+ p price and all the potential upside looks a decent binary bet to me. Have also drilled into reasoning from Bhp and Newcrest, they took stakes when the markets were rising and gold was circa $1600 with approx $500 cash positive after financing per oz. Now gold $1815 and general expectation is to continue, the profit per oz is now $715 oz or approx 40% more. My conclusion is they are not walking away. If it looked investable 2 years ago and things have got more investable why walk. Don’t mind being wrong but come on.

Think that share price will close in on NAV and with a strong NAV rise might even go to a premium, adding yet more sparkle to gpss

Waterloo moment for all goldies except Solg got a lot of catching up to do when Newcrest and BHP have started the bidding. Enjoy the sun good news on way, gold unstoppable and the world stock markets booming, who’d have thought we were in the middle of the worst financial crisis of our lifetimes, unless you’re over 90.

Onward ever upward all goldies except Solg. Would have been happier if shenanigans had happened during a quiet spell for gold. Never mind everything else is gung ho. Pur setting new highs almost every day, Gpm and Gpss are only going one way and that’s the way of gold except Gpss multiply it by 10, hum, Shan, paf, even the thriving Russkis. So we just have to hung in here awaiting the big pay off. Mind you it will be worth it in the end, unless I die whilst waiting!

When you long or short a share you start off A few quid down, the spread, you are assigned a margin depending on the volatility of the thing, share, gold, currency etc, this is kept aside in case things go bad, if you shorted say Solg and a bid came in overnight and the share price rose 100% then you could even lose more than the margin, I never keep open positions overnight on shares probably never happen but wouldn’t sleep well knowing you could lose the lot. That’s why it’s important to learn all the pitfalls on a dummy account. The biggest mistake is to think prices will rise or fall in a straight line, the trend but have little ups and downs to white out some positions too close, I have lost money on shorting Dow on a day when it fell 900 points, so perhaps you should do the due diligence before using spending money. Good luck, it’s just that, in whatever you do.

The fly in the ointment for the bid boys is Franco Nevada, well respected, history of great investment developments with minnows and with exceptionally deep pockets. I’m sure they are watching developments and will want a slice of this unique pie.

If you buy Gpm at 55 and it goes up say 20 by nov you’ve gained about 40%. If you buy Gpss at 7 p then the price would rise about 400% or an 8 fold increase over Gpm. Alternatively if the Gpm share price drops below 47p by November the Gpss price is zero. It’s a leveraged gamble but in my opinion worth it at the moment Gpss shares are worth about 9p so you get all those months rise for free. Ultimately comes down to gold price as Gpm are a investment trust based on gold miners, albeit a very successful one. As always do your own research check out Gpm.

The neatest you’ll get to shorting is to open an IG account stick in a few k but before doing anything with the real account open a dummy account and learn while it doesn’t cost you anything. 80% of people lose money on IG they’ll tell you that. I’ve done well on buying gold but lost most of it shorting Tesla. When Tesla finally goes its going to be a big pay day, but it’s not called the widow maker for nothing. So selling on IG is the equivalent of shorting you make money when the price drops, lose money if it rises. Please do not start with a real account or you’ll be one of the 80%ers

Events now in motion, the constant drift due to lack of news is going to be a thing of the past, things should get a lot more interesting, let’s hope in a good way. So many options, in my view BHP still favourites as it connects the dots in its metals portfolio, albeit with a very sizeable outlay, but we are talking about a 50 year project. Solg will be long forgotten before the first concentrate shipment, all we as PI’s can hope for is we get a few crumbs from the feast.

That’s not a risk that’s an advantage as fiat currencies become worthless and gold becomes the reserve not worthless promissory notes. The first move in a much bigger game. We will know very shortly if Newcrest want to stick or twist, this I think will be the biggest single factor in the share price. Let’s all hope it’s stick

I’m sure if you go far enough back in history 5 months, you may find an old video where there is no mention of corona a virus so that Must mean it doesn’t exist so Synairgens shares are worthless, straw clutching seems to be a national sport. Sell up and buy some gold, you know it makes sense.

Let’s hope we can develop a bit of forward momentum, since consolidation price has stalled, good news must be imminent as metal prices seem to be rising nicely.

Looks like gold through the psychologically significant $1800 next move to all time high, $2000 in sight, yet here we are watching the drip, drip drip of a Chinese torture, glad I’ve got Pur to keep wolf from door. Bhp and others letting the price stew and dislodge a few low hanging fruit. Investing is rarely painless, let’s hope when this does eventually pay off it will have been worth it.

Keep away from Tesla unless you can afford to watch it by the minute, the guys on Robin Hood are chasing this to tulip levels, just worked out it’s risen more in a week than the entire capitalisation of Ford and General Motors combined, anyway back to IG as when Tesla falls it could well spell the end for Nasdaq, and I want a short in the game.

No probs on HL been looking for a while but rising gold making peripheral deposits very valuable. What I really like is they are a bit messy for a takeover so this could easily rise on the back of gold and become debt free in a couple of years, with possible buybacks, dividends and constant upgrades can see this getting to £1 plus over a 2 year period. Just what I like get rich slow companies, or am I missing something?

To be top of the right board, may it long continue. Don’t know if business model will succeed if it doesn’t you lose your stake, whereas if it does could be looking at a 100 bagger. If you think that sounds a bit far fetched take a gander at Tesla, that is truly a tulip ready for plucking.