Member Info for speedymeadie

Hi Spy. IG may be on the wrong side of the book and have raised margins to try and force a cover of their shorts. I feel for them NOT. ATB Speedy

Hi Jonesrichard. I am afraid you are sounding more and more stupid. To be honest gold/GGP will probably not even be priced in $?£ in 15 years time. Please stop this £2 plus BS and stop posting for the sake of it. ATB Speedy

Hi Schlemeil. I normally only place a very small part of my portfolio in AIM Cos (past losses have hurt). The other day i posted about being cautious with being "all in" with a stock on AIM. With this partnership with one of the best mining Cos in the world. Maybe it is time to rethink and let my profits here take me into portfolio %s that i previously thought i would never risk. This does look very exciting to say the least. ATB Speedy

Hi Jerseycrew. Many thanks for the link. WOW, it looks like GGP have picked the best partner to take this forwards. How far mining has come is breathtaking. ATB Speedy

Hi schlemiel. Thanks for the response. I am aware of the agreement to toll smelt at Telfer. I was just pondering the idea that if the find at Hav is big enough what would be the best way forwards, financially and practical. At the moment Telfer is at best breaking even. It will take 2 years(approx) to build a mine at Hav. Would it not be possible to dismantle Telfer and reassemble nearer to Hav to save on OPEX and move the costs to CAPEX? Moving millions of tons of unrefined ore 45kms over the LOM will be a massive cost. ATB Speedy

Hi All. If our gold finds become as big as expected is there not a financial tipping point where it is cheaper to move the processing plant nearer to the source as opposed to trucking the heavy ore 45kms? ATB Speedy

Hi Conno. So that would be BP=British Puff. ATB Speedy

HI 15. OK, so back in 2012 JPM lost a few $mil because one of their major traders broke the rules. It was a pimple on their backside. As a comparison look at their profits trading metals, not one lost making contract since taking over Bear Stearns. There are many other examples. ATB Speedy

Hi Bellers. JPM do not care about such things as conflict of interest, market manipulation or just pure criminality. They steal $billions and pay £millions in fines, good profits if you can live with your self. ATB Speedy

Hi All. The story here is looking very good but please remember this is AIM and we are only explorers any thing can happen. Please be careful with going "All In" ATB Speedy

Hi All. JPM never ever lose. They are backers of AAL and also our financial advisers. They will have ever angle covered. ATB Speedy

Where is IBABFO gone, we need him. ATB Speedy

Hi Kev Yes i was, but invested here long before i had a small punt on SXX. Just a bit peed off with JR and his constant ramblings. ATB Speedy

Hi Calamari. I know that is not true and so do you. ATB Speedy

So many here now from SXX that once this gets to your £1.50p £2.00p predictions you can buy back your lovely mine, lose it all and start again. I really think you would be better of just buying some physical gold as this game is not for you. Please stop your stupid forecasts. ATB Speedy

Hi All. I have stated here a few times that "CF has had his pants pulled down by the big boys" Now we read that the BODs of SXX are being CHAPERONED by JPM. This is really really bad and just goes to prove who is in charge now, and it aint us. JPM never ever lose. ATB Speedy

Hi Green. RY is a geologist not a fortune teller. ATB Speedy

Hi ChelseanotManu. Not sure why you call this pap. Eua does have good points but with Mr P in charge over there i would not sleep at night. ATB Speedy

Hi Geng Thanks for the reply. I think i will half my bet at 1.6p and see if your prediction is correct, but the way it keeps on dropping looks as though 1.6p may be here sooner rather than later. I do not use charts and picked 1.6p over a year ago as a hunch. ATB Speedy

Hi Fred. Welcome, please do get attached to GGP as the story will get better.
A question to the maths men on here, i have seen many quotes about "in ground valuations" What about our 25% share once the mine is producing, Assuming a gold/oz price @$1600 and say 2 grams/ ton and no further dilution. We know what Telfer can process and we know their all in costs. 5 or 10 or 15 or 20 mil ozs. My brain hurts now trying to fathom out where to start. ATB Speedy