Member Info for speedymeadie

Hi Zoros/Starbright. Your debate on geopolitical events affecting the equities markets is a very valid point. In times of trouble real assets shine and most will run to cash. The problem with this is we are in a high inflation cycle and tackling this cycle is very difficult due to high debt levels and CBs being unable to raise interest rates by a significant amount. PMs will be the place to shelter funds and what better place is there than a world beating gold mine. I see no threat of a correction in the GGP SP other than up. ATB Speedy

Hi. I am not a pessimist like you, just optimistic about our future. I will be glad when we reach your average and then we will be left in peace. Speedy

Hi All. Let the SP talk for itself. Over 20% above the 12.50 low.
The figs for the 5% of HAV being pushed around range from £50mill to £500 mill. So in reality no one has a clue. We will still own 25% of a tier 1 gold mine and the POG is poised to fly. Whats not to like? ATB Speedy

Hi All. Any doubts about the direction of the POG in 2022 should be discounted by a huge factor. If history is to be a guide we are heading for a really, really, scary future. I have no desire to put a dampener on your celebrations for the new year but all i say is enjoy it while you can and be prepared for a wild ride, the next decade will be a huge milestone in the history of financial miss management. Have you stacked yours. ATB Speedy

Hi Tig. All pointers show a much higher POG coming in short order. JPM have gone net long gold/silver (and left BoA holding the bag), Russia stacking gold and selling $s, China about to announce a massive gold holding (probably in excess of 33000tons physical gold) and instigating a new gold backed digital currency, negative interest rates circa 8%, massive inflation and increasing, asset bubbles everywhere. It will only take a very small swing away from equities and into the PMs space to see the POG fly. All in all a very interesting 2022, but not too good for the ostriches.
I wish you and all my GGP friends a happy new year.

Hi Sam .Put me down on the optimistic side. ATB Speedy

Hi All. To think there is no control over our SP is naive in the extreme. ATB Speedy

Hi All. Not a bad Santa rally and lots more to come in the new year. Have a well earned break and see you all soon. ATB Speedy

Hi GGPThru. As i said earlier i think we are now at a stage where we can look at our valuation not on "in ground ozs" but profits from production. We will mine this find and profits after costs are going to be huge. My small mind is incapable of doing the sums, maybe someone with a mind the size of the moon can help. ATB Speedy

Hi Matty. Only having a bit of fun. I trust SD to do his job and attain the best deal he can, of this i am convinced. ATB Speedy

Hi Matty. Earlier is said my services at the negotiating table can be arranged free of cost. I have changed my mind and am prepared to pay to join in. ATB Speedy

Hi All. Its been a pleasure to join in the debate today. Some sound reasoning and important info divulged, long may it continue. ATB Speedy

Hi Merc. When we arranged the JV with NCM we, and they, had no idea what the venture would bring. I agree with you about underplaying expectations but the area just keeps getting better and bigger with every result. ATB Speedy

Hi Matty. Think of it like this. You have just purchased a massive un surveyed plot in a London auction. At the auction someone offers you a profit. If it was mine i would say give me a price on 1000sq mts and after the survey you must pay prorata on any size above 1000sq mts. Same at Hav, if the gold ozs at the time of negotiation is 7mill ozs and a fig is agreed then any ozs found after that date must be paid for at that rate. Simple. ATB Speedy

Hi MFU. This stock has been and still is being controlled but do not forget the day traders taking their 10/15%. ATB Speedy

Hi Bamps. Have a well deserved rest over the holidays see you back in full swing in the new year. ATB Speedy

Hi J. Any Britts? ATB Speedy

Hi Ttrader. Your statement "more business and more shares than most" is probably, in my view, why you have had a bad reception here. There are good folks i know that are invested here that make you holding look small and have been involved in many successful business ventures the likes of would baffle you. A little more humility would be welcomed.
I get my gold views from being involved in the market for over 50 years and i have never seen a situation more compelling than now. I could go on about the coming tsunami of inflation, the 17% of world GDP printed into existence in the last 12 mths, world debt including derivatives, unfunded liabilities, corporate and private so massive the count is in quadrillions. The one and only reason the POG is not multiples of todays print is the price suppression to make the $ look real. Do you own any Brits? ATB Speedy

Hi All. The banks are in a mess and have only been able to clear approx10k short contracts whilst HNW individuals are demanding more and more physical gold to be delivered from the COMEX and it is a distinct possibility that the short swaps will be totally overrun making the paper market irrelevant (20 years too late ). The refiners have no gold for large immediate deliveries and delivery for silver is well into 2022. Central banks and commercial banks are loading up with physical gold and at these ridiculously low prices so should you. The time for waiting for a entry into physical gold is over. Gold miners will be in demand and GGP is going to shine. The big boys know this, hence all the shenanigans of the last few months. If we are not bought out then Tymers 88p prediction and even Mickeys £1.44p will be easily achievable. ATB Speedy

Hi All. Had a small punt and joining the party. ATB Speedy