Member Info for SpadesAspade

What I forgot to mention is that I know we will not receive 100% of the value for Ounces in the ground, but I was basing my figures on what I think will be eventually found.
Like I said Berenberg have stated 14.2M ounces in their latest broker note which equates to a profit of $14.2B

Prof Q, $500,000,000 in my eyes is a starting point. My simple back of fag packet calculations is as follows.

$1000 profit per ounce
10M ounce mine = $10B profit
5% of $10B = $500,000,000

Now like I said, that's for starters, what happens if this turns out to be 20,30,40 million ounces in the future.
What happens if POG goes to $2500 or above, what happens if we discover more pods on the license.
Even Berenberg have stated that they expect for another 10M oz to be added, OUTSIDE of the known 4.2M ounce equivalent.

Anything under $500,000,000 and I for one will be well disappointed. What's that saying about "You have to speculate to accumulate".
One thing we definitely don't want to be doing is giving this 5% away for next to nowt. Talk of $180 - 225 million is way off the mark.
All IMO of course.

Colin1, No disrespect meant by this but because both our strategies are poles apart i'm putting you in the green box, as I feel I don't need to read anymore post's from one so far away from my thought's. Hope you get to your sell price soon.
ATB

So there we have it Colin, you took a punt on GGP with possibly hoping to be making you gains over a time spell of a, long weekend to 6 month's.
No wonder your pi55ed.
As a trader your like a shark swimming with the whales.

Colin please state this evidence that is in front of you as to why GGP is not a worth while investment

Colin did you buy into GGP to trade it, or to invest in the journey. If it was the latter, then the daily SP moves makes not one jot of difference.
If you bought it to trade, then all I can say to that is, It serves you right. As a trader you should of known better than to buy at the top of the market.

Your not telling it is how it is though. Your telling us about how you feel, and if that's how you feel then please sell up and stop all your negative nelly post.

Colin1, why the bad temper ?
Nobody forced you to buy into GGP. Nobody held a gun to your head. There is only one person to blame for your position and it's you. Stop your whingeing and accept you judged the market wrong.
You along with plenty others probably came chasing rainbows without doing any proper research, before taking a punt.
The punt ain't worked out YET for you, but to incessantly be going on about what a bad share GGP is just shows you know absolutely nothing.
Now grow up man ffs and own your own mistakes.

Josh I fail to see the fruit & veg connotation in your post.
Peas explain. ; - ))

Anyway where’s FarmerLad when you need him. He knows his onions.

My brain is now completely cabbaged. Not to mention my cauliflower ear

Radish

My god there’s some reddish get sprouted on here

Or end up with egg on their face

Welsh, it sounds like your trying to reverse engineer this chat with talks of grocer’s again. Next post will probably be about apostrophes ;-)))

The chat today seems a little bit like a Ronnie Corbett tale, going off at all tangents, only to finally get back to the original topic of Gold.
So that’s the challenge, Ulrika back to GGP.
Can it be done ?

Freddie don’t forget Stan the man Collymore. I think he got it in the onion bag once or twice is Ulrikakaka

Freddie it depends what the question is.
The Turnip (Graham Taylor) or the Swede (Sven Goran Erickson) both failed to win the world cup

All this chat regarding grocer’s, got me thinking, which one of you has the biggest turnip.

And as if by magic a nice little buy just pops up like Mr Ben for just over a million shares.
Oh how these MM’s make you laugh.