Member Info for SelsdonMan

AYA do just that. If they don't like the price, they don't sell. They are cashed-up and can afford to wait it out.

MP, not MAP. Typo.

Yeah, he's terrible. Donates his salary as an Map to charity. What a rotter.

Well said. An informative post. I plan to take a position here in the imminent future. I'd be mad not to. There is so much optionality here. It took me a while to work out what this outfit does and how they plan to do it

Thanks for helping to elucidate.

Doyezee, thanks for the shout-out on the GGP board.

Ashamed i had never heard of this mob until today.

Have been reading all morning about them and their vanadium flow batteries. I'm taking a modest position having formed my own opinion and having read the RNS.

Appreciate the mention. At my own risk, of course.

I like taking punts on miners and natural resources.

The way to get the most torque from metal prices is via royalty and streaming outfits + miners. You all know this.

When i feel my future is secure, I plan to move mainly to physical metal, as it has no counyerparty risk and is the liability of nobody else.

Either in my own posession or in an audited and insured vault in a safe jurisdiction that respects private property rights with a common law tradition and stong legal framework. I.e. Singapore.

Our beloved government will become increasingly agressive and go into tax scavaging mode the further we slide into the fiscal abyss.

We have all heard suggestions from other jurisdictions and our own about unrealised capital gains tax and 100% death duty. I think it will get bad.

I'm told my blood group is B - (be negative).

Griffbag is a total boat anchor. His daily swimming activities and millionare friends are of no interest. I'm glad i'm not the only one to notice.

Well worth reading. He tipped some absolute bangers last year: GGP, GMET and others. I'm still holding SVML and AMRQ in hope.

Watching United Oil and Gas like a hawk, in case they find a significant and viable petroleum system off the coast of Jamaica.

I put a bit into Kendrick Resources a week or so ago - at 0.88 and got the jitters and sold at 1.00 ish......big mistake. It's gone to the races.

He seems to favor XTR as well, another Collin Brid outfit.

Only fun money in some of his tips. I need actual producers with good blance sheets to get really involved.

Happy to hold UFO for at least a year. The GRE and WCE JVs are quite compelling. I put in something meaningful.

Esduk: excellent analysis of AYA. One of the few primary silver producers.

I put that one in the bottom draw. They enjoyed my confidence throughout. As does GGP.

It just goes to show how good companies with solid fundamentals can come under attack.

I believe EEE suffered similar. I enjoyed reading your post. I agree GGP is different.

Never a doubt in my mind.

FUD merchant. This is a cash-generative business that will continue to add value. Gold price is choppy. Hold the line.

Do governments run balanced budgets? Are they paying down debt? Trump wants to lower rates and inflate away the debt.

In the 70's, gold was slammed 30% or so three times. Many threw in the towel. It then went from $100 to $800.

This is a volatile asset class. Maybe buy bonds instead?

Same. I never doubted SOLG for their assets. I could not justify having so much capital parked there doing nothing with a raging bull market taking place in metals. I sleep well at night with SML.

Moved from HL to ii last year. Transfer took an eternity. HL found my holdings a bit fruity and messaged me to ask if I was of sound mind or had substance abuse issues.

Im very heavily skewed towards miners. I want to be aggressive in a sector that is outperforming. I'm certainly not 60/40. Has worked for me.

HL dealing charges and FX conversion fees were unacceptable.

A free insult was the final straw. They pumped the bejesus out of the Woodford equity income fund and never apologised.

A flat fee works better for me. Charges with ii came down further this month.

I will be hundreds of pounds better off per year with ii. I got 200 notes to transfer and another 200 for referring a relative - put in a trading account.

Only problem was my book costs did not transfer over. Had to go through contract notes and calculate averages in some cases. Total pain.

I hold TUN, GMET and SML. Tungsten is going into orbit. All have their pros and cons. I couldn't decide - so bought them all and will let the winner emerge.

Sorry this is off topic. Don't know about ROCK. BRES was tipped by Charles Archer on Substack. He is well worth reading for ideas. He tipped GGP, GMET and some absolute bangers last year. He has tried to create an asymmetric risk profile. Take him with a pinch of salt - he tipped Kendrick Resources! Some are a mad punt, but he has more winners than losers. The ones that do well go into orbit and lift the whole boat.

Good call on SMl. I'm excited about them also. TIN and TUN could also go places. Weekends are so long when you have a ripper like that in the portfolio.

I bought Solg in April last year. Did very well for me.

The assets are fabulous. I would love all the mob that run this outfit to be sacked. Media blackout. Dead in the water.

Sold last week as I can't justify having so much capital parked here doing sweet FA whith so many opportunities around in the metals space.

I still watch with a keen eye and wish those of you that are holding well. This was a hard decision to let it go. I was emotially attached, which is never good. I hope the faith some of you have is rewarded.

28p for this is simply unacceptable.

"Let them eat cake". Yellowcake. Ha ha. Inside joke. Thank you to E1, Paddy, Bamps21, Speedie, Dip, TT, and various others. Your insights and analysis have been invaluable.

Of a. Not a a. The fact that there was an error in my first paragraph, indicates I am not a fit and proper person to post on this revered forum.

On Interactive Investor - HOC, GGP and FRES are in the top 10 of ISA investments in the latest update. Maybe the great unwashed are waking up to the paradigm shift of capital rotation.

Again, the detail and rigour of the reply is appreciated. Some of which was lost on me, being somewhat a a philistine.

If we have fractional reserve banking; why not fractional reserve metals?

Do you mean to say physical metal is not rehypothecated? The system works, Nobody cheats and everything is well?

Tin, tungsten, copper, lead, uranium e.t.c. can explode; yet silver must stay in it's box and multi-decade base?

Furthermore, Samsung did a deal with Silver Storm to secure supply. If it all works just fine, why would a large entity like that go direct to the source? Will the physical market decouple from paper?

Element has got me excited. All the capital flying out of Bitcoin (purported to be digital gold, new gold, gold 2.0) needs a new home. Some will go to tech. Miners and metals will benefit.