Member Info for speedymeadie

Hi Tymers. I refuse to bite. ATB Speedy

Hi Groucho. Its the massive, huge, unbelievably big undiscovered deposits that lie under cover in the Paterson. ATB Speedy

Hi John. Hold on to the old one, probably better built than the new models. ATB Speedy

Hi John. My $2500/oz prediction would already have been printed but the LBMA, COMEX and BIS do not want to see gold show up the fiat currencies for what they are and that is dead in the water. Do you not realize that inflation is due to currency depreciation and not rising prices. The only way for gold from here is up. The bullion banks have reduced their short position in gold by massive amounts and JPM has amassed huge stock piles of physical metals along with Russia,China and India. There is talk all around of a new form of exchange between countries backed by gold. I have no problem with folks dismissing gold as a joke but in reality it is the best form on money on the planet. There are probably many assets that will outstrip the increases coming but a safer asset is yet to be found. ATB Speedy

Hi All. I am of the opinion that gold and other PMs are in a bottoming phase and expect a quick rebound in the POG upto and beyond the ATHs. It is not unrealistic in think the POG could see $2500/oz by the end of the year. Many countries,funds and HNW individuals are looking at gold as the place to be and so should you. Please do not use ETFs for your gold investments but physical stored at place of purchase. ATB Speedy

Hi All. So the shorts have increased to over 80mllion shares and our SP has risen. Maybe they need to borrow and short a few more. As SD said "they have to buy them back" when that happens our SP will fly, do not be left out. ATB Speedy

Hi Ocean. Get in now, we are on a roll. ATB Speedy

I always do

One day Tome you will post something interesting about ggp instead of filling up this site with back slapping or arguing. Speedy

Hi Tymers. 88p will deserve a pat on the back and sharing a bottle of Louis Roederer. ATB Speedy

Hi All. Thanks for the reply and calculations.Working out true value is not an easy thing to do. Back of a fag packet is no good as it could be a long way out. The deeper you go into the figs the more complicated it becomes. Lets just say the fig is somewhere between 22p and £1.44p. I would hate it to be 88p as then we would have to pat Tymers on the back. ATB Speedy

Hi Rex That was quick. May i rent your quantum computer? ATB Speedy

Hi All. To stop all the speculation on a takeover fig would someone with the required skills please do a full valuation Of Hav at 30mill ozs at $2500/oz. Taking into consideration Capex, Opex , Toll for smelting, cost of money over life of mine(say 30 years) and taxes. This is a hard ask but would be very grateful for a fig. ATB Speedy

Hi Lyndon. All are welcome to browse the new site. Much better if you contribute, especially if you have a view backed up with facts. ATB Speedy

Hi All. The new site is a pleasant place to talk all things GGP. If you want to get away from posters such as Tymers then come over and have a browse. ATB Speedy

Hi viking. Not able to make it today, see you at the next meet. ATB Speedy

Hi All. The financial state all over the world is awful. There is a rush into the USA$. After this initial rush fiat will be sold and gold will be purchased. This will push the POG well past ATHs and GGP stock will be leveraged on that rise. When not if the $ collapses our co and other gold producers will be the go to place for investors looking for a safe haven with tremendous upside potential. All bets are off on the sp in five years time. Maybe mickey should up his target. ATB Speedy

Hi On the bottom rung. excepting 26p will ensure you stay there. ATB Speedy

Hi JSP. I will be round tomorrow when you are out and have a good root about under your bed. ATB Speedy

Hi JSP. Keep on buying the brits. I am as positive about the POG now as i was several years ago. The fall recently is false and will soon correct to ATHs and beyond. If JPM are buyers of physical gold so should you be. Do what they do not what they say. Gold has only just started a massive bull run that will go down in history as the turning point for world economics and the transfer of wealth to the holders of physical gold. ATB Speedy