Member Info for speedymeadie

Hi All. Gold has not gone up, the $ is falling, gold will increase in value when the POG is realised in a supply and demand market not in the bent market it is now in. If you think the shorts on GGP are pooping it, just spare a thought for those poor old chaps who are collectively short approx $500billion on the COMEX and LBMA. Maybe we could have a whip round for them. ATB Speedy

Hi Pete. I have no need to compare other miners oz valuations. Hav is a one in a thousand find for all the stated reasons. Therefore a comparison would be a wasted exercise. My reasons for asking you to do the calcs on above ground gold valuations was to counter your inground valuations. Some here may look at your valuations and think they are a valuation on GGP and they clearly are not. ATB Speedy

Hi Hydro. Thanks for the explanation, as i said in my last post, assuming is dangerous. ATB Speedy

Hi Pete. Many thanks for the indepth reply. Just goes to show that assuming is dangerous. I am not a mining expert so could you please explain, when does an inground oz valuation become useful? I see its usefulness only if a buyout is happening. The main consensus is we will be mining the shiny stuff. Will you be so kind as to do your calcs again using gold above ground valuations. ATB Speedy

Hi All. I prefer to back up statements with facts and not resort to abusing posters that have a different point of view. ATB Speedy

Hi Pete. Many thanks for your calcs. Your low $350 and high $650 i assume is profits after costs (AISC) If my assumptions are correct i think your low is far too low and your high is low. I see at least $1000/oz after costs at todays POG and who knows where if the POG goes where i think it is headed. ATB Speedy

Hi Jerry. Silly me, i forgot that one. ATB Speedy

Freddie. You are showing your true colours. GGP are a mile away from the situation that was SXX. First we are funded, second we have the backing/jv with a major, third we have a very marketable asset and forth ,the biggest difference, is we are not involved with the criminals at JPM. Stop spreading BS. Speedy

Hi Starbright. Your knowledge of how the markets work is interesting. Would you please explaine the 2x 1million sells this afternoon. It looks very much to me like 2 not for profit sales. Who would do that? ATB Speedy

Hi Hydro. I have just changed up a few hundred Gold Brits to purchase a small bungalow on a large plot. The transaction from gold to £s in the bank took only a few hours. The timing of this transaction is totally wrong but necessary. ATB Speedy

Hi Bamps. When predicting a future POG all large Cos and institutions play it safe. The fig of $1750/oz used in the PFS will make for a pleasant surprise when $2300/ $3000 is realized. ATB Speedy

Hi Bamps. Thanks for the figs. GGP is an investment and Gold Brits are a tax free store of wealth. On 6th April 2022 i will sell £60k of Brits and buy GGP via three family ISAs, the same as i have been doing for years. When i sell GGP the funds will go back into Brits waiting for the next investment. As long as i am still breathing. Its all about giving HMRC as little as possible. ATB Speedy

Hi Jerry. Now you have got me wondering about my identity. ATB Slowly

Hi Joe. My money is on a POG @$2300 end of Feb 2022. ATB Speedy

Hi Flareboom. No problem, good to know that you are keeping an eye out for the fakers. ATB Speedy

Hi Flareboom. You have sussed me, your levels of perception is world beating. ATB Speedy

Hi Jerry. Any Eaten or Arrow educated person will know that the preferred choice of persuader for the English gent is a nailed 4x2, the baseball bat is reserved for those ghastly yanks. ATB Speedy

Hi Bamps. A very in depth analysis. Thank you. A doubling of the PFS sounds good to me. ATB Speedy

HiJerry. Its "ave a word" ATB Speedy

Hi Big fella. Your quote re: "wokeism" made me smile. ATB Speedy