Member Info for SpadesAspade

Aquakidd, you play it your way and I’ll play it my way, but I know which way will come out on top in the long run.

Your playing with nickels & dimes, trading very small amounts that are very easy to trade, and the reason I know, is because I started off my investing career doing exactly the same thing. But I’ll tell you one thing, you can’t make serious wonga doing it. Yes you can pick up a few shekels along the way, but the really Big Bucks will always elude you.

You say all us LTH’s are mugs and why didn’t we sell when the latest short was announced. Well have you ever tried selling millions of shares (double digit millions) and try and get them all back ? No of course you haven’t, so until you have, I’d take your advice like I would any other fools advice, and stick it where the sun doesn’t shine.

I’m certainly not invested here for the n & d’s that you are, maybe ask me again in five years just how much I did make out of the supposedly 5hit show of a share this is. If you can’t wait until then, then please do trawl through my posts for the answer.

Each to their own, seems to be a very apt saying, when it comes down to how people invest. Many a different way to skin a cat, but I think I’ll stick to Sinatra’s “My way” for now.

Ah Freddie, do you want SD to come and hold your hand, and quietly sing into your ear a bit of Bob Marleys “everything is gonna be alright” too.

YNWA91, how do you know that “The rise was on the back of the anticipation of the MRE being released”. As far as anyone knows, It could of been down to L&G buying their 2.4% stake in GGP. I would think that the more likely reason.

Whatever the reason was, we find ourselves once again being tagged around the Wyloo buy in price.

I personally don’t see us making any substantial gains until the DTM is announced as there are still quite a few obstacles to overcome before we start to make profits.

I’m just sat here keeping my powder dry, and guarding my shares until such time as conditions change for the better.

Since 2021, I think we can all say that our expectations of first ore, has slipped back by some twelve months or so. But at the end of the day, the gold is still there and all we are watching & waiting for, is that official stamp of approval to get the blumming stuff out.

Patience, patience and more patience is what’s still required, before we can all start popping champagne corks. But as long as you hold, you will see the just rewards.

Tom no doubt Mr T will say he was delayed in the 27 mile tailback Tig alluded to earlier 😂

Freddie you really couldn't invent a more pathetically incompetent, stupid, self-deluded jackass of a man than you.

Grow up fella !

And a Happy New Year to you too Freddie. I see you ain’t taken up any new year resolutions have you.

For your information, I wasn’t sucking up to anyone. I was in fact pointing out to some here, that the information Bamps gave regarding the impact of what the MRE would bring, he in fact told everyone in advance of its publication.

And you’re the type of person it was aimed at. One that can’t the nose in front of your face, and who’s always on a downer when the SP falls. Grow a pair ffs and stop trying to make it all about you for once. 🤡

Like I eluded to last night Bamps, you can lead a horse to water, but you can’t make it drink !

Most don’t understand and it’s so clear to see which ones just by reading some of the BS they spout.

Enuf said.

Bamps may I congratulate you once again for explaining to what now seems the majority here the simple facts that they’re not going to be millionaires overnight. That time passed in 2020 !

You have spelled it out time and time again what will happen and when. Why is it people these days just think by investing into a company as good as what GGP is, that things will move at a pace that suits them, and not follow the same path as any other relatively new discovered orebody. It simply takes patience & time for everything to come together with many a hurdle to navigate before reaching the winning post.

I’d never invested into a gold exploration company before, and probably a bit naive to say the least that what I’ve witnessed since being invested has definitely taught me a thing or two, especially if I ever decide to invest again into another play with similar outstanding results as what Havieron provided.

Imo there were only two ways to have played this game for the high rewards investors thought they deserved.

1 - You either had to of bought in early (Discovery hole HAD005/Joint venture announcement) or

2 - Trade the living daylights out of your holding if you were one of those caught buying at the top.

The ones who bought in early and didn’t sell (Me included) are still sitting pretty, as fortunately we haven’t suffered by seeing our hard earned eroded away, only paper profits disappear, and all we need to do is sit it out until certain decisions are made for this to take off like a scalded cat once more.

Those of you who have found yourselves in the predicament of seeing your hard earned disappear, have at least been given the chance to average down if funds were available, and I very much sympathise with you all, but we are almost on the home stretch of this journey not one of us will ever forget.

All I’m trying to say is no matter what games are being played behind our back’s, this will come good.

People talk badly and accuse or MD of all sorts on here, mainly because of the SP languishing at these levels for so long, but if he is all these things some of you have said about him, then this would have been the best hoax of all time.

I for one think Shaun’s doing his very best for all of us, and with this behemoth of a group he's assembled behind him, they have something up their sleeves that this is just the beginning.

Three years into a five year plan, just another 12/18 months to go imo before we get to see why these big hitters decided to join us on this journey, and I don’t think I’ll end up being disappointed.

What do you think ?

Down almost half a penny on a turnover of 3million. Absolute joke.

I want Luke Littler to start hitting our Bullseye targets. He never misses !

A question for Bamps. This new date on the Byrnecut website showing May 24, is this when their contract ends ? Or will there be another contact extension, because obviously I presume the current contact is to get to the top of the orebody, but what then happens going forward. Do Byrnecut or another third party get to carry on over the next so many years, as the decline gets deeper, or do Newmont have their own production decline team going forward ?

JD, I’m not talking about shorting the housing market sector as well you know. I’m saying that as far as I know, you can’t sell an owners house from under them by borrowing it, for then to legally give it back to them at a later date.

Yes, shorting of any sector goes on we all know that, but for you to say there would be no liquidity without it just isn’t true.

I’ve yet to play a game of monopoly whereby an opponent suddenly says “Sorry but you can’t convert all your green houses to a Red hotel, because you don’t own them now as I’ve borrowed them”.

Yes I’m being pedantic, but you started it.

JD, imo & I’m sure I’m not in the minority when I say this, but shorting should be made illegal.

What you say about there not being a market if shorting was abolished is just complete rubbish (not the word I wanted to use, but New Year Resolution prevented me from being, let’s say a little more colourful).

The way you talk about it, suggests you also wouldn’t mind if short selling of houses was in order to.

My personal view is that once someone purchases any item, whether that be a property, a vehicle or a share, that item belongs to said individual, to do with as they please. They can, if they wish sell the item, rent out the item, or decide to do nothing and keep hold of it. One thing that can’t happen, is a third party make that decision without the consent of the owner.

That system has worked well for hundreds of years in the property market, why can’t it be the same in the money markets ? and don’t say there would be no liquidity because we all know that just wouldn’t be true.

Whether a Pi an ii or a Pension fund, all buy shares in the hope they’ve done their research correctly and that the company they all placed their faith into, continues to get stronger by making profits, thus enabling their shareholders to also make a profit on their holdings.

That system alone should provide enough liquidity to the market without all the cloak & dagger tactics of the corrupt system we currently have to play in.

JD if you truly believe the system we currently have is the best one, then don’t be surprised by the backlash you might receive from those of us who truly think there could be a better one.

Like the header of this post suggests, it’s about making it a level playing field for all, not just the Spivs.

The government’s over the years have tried to convince us all with their propaganda, that they are on our side, by introducing and promoting just what a brilliant job the FCA do, when in fact they do absolute SFA. But I’m not going to go down that rabbit hole, as we’ll still be discussing it until this time next year.

Anyway here’s to a positive 2024, and let’s just hope that all the catalyst we hope to reach, are achieved on time.

ATB

TT let’s just hope we’ll see a lot more of those green candles rather than the red ones.

What is it again they say, “Green is the new Black”, well I’m putting my money on it for 2024.

ATB to everyone & have a Gud’N

Aim999 in answer to your question, not as high as it would be at $2,500 per oz & a lot higher than it would be at $1,000 per oz.

Is that simple enough for your simple mind to fathom out.

Bamps, whether we like it or not, whether you or I think it’s a good or bad thing for Gold to go on a bull run or not, it’s not upto us, and I believe it ain’t upto the US treasury either.

What seems to be happening is that most central banks throughout what we used to call “The Silk Road” plus many others including the likes of the BRICS nations including some South American nation’s are all buying as much Gold as possible.

Why you might ask ? Because they are sick and tired of the US dollar and the power that has given the US over the last 50 years.

The way the system is currently run by the international clearing bank, whereby international trade between countries is settled using dollars as the middle man. ie if a country buys goods & services from another country, the purchaser has to first buy dollars with their own currency, then settle the debt using those dollars whilst the country receiving the payment then also converts the dollars back to their own currency. It’s a Win/Win for the dollar.

What all these countries want, is to ditch the dollar and use Gold as the middle man by pegging their own gold backed currencies, thus not beholden to the US dollar.

Western governments will probably stick with the current system, but I personally think in the long run, even that may change.

Now the big question is, if this happens and the strength of the dollar falls, which it inevitably will, what will happen to currencies like GBP and the €euro, will they strengthen and say go back to $2 a £1, or will it stay anchored to the dollar as it is now.

That’s the Quadrillion dollar question.

Which ever way it goes, it will be stupendous for gold producers in general.

They always say, “Follow the money” and where is all the money going right now, buying Gold that’s where !

A bit like, getting in as “Buddy Love” and getting back out as “Professor Klump”

Forget the Supercar, I think I’ll need a monster truck to carry the weight I’ve put on these last few days. 😂

Matty, have you ever seen a fat man trying to get out of a sports car ? 😂😂😂

This one’s for you Speedie

https://youtu.be/pmLw0_JO0Hc?si=OSAqYcz6w_aQAkae