Member Info for speedymeadie

Hi Dip. Please do not replace the fuse once blown

And still it rambles on

Hi Dip. Thank you for your input.

I am suggesting growth for more revenue /profit, any venture that stands still and is not for me.

Banks look after banks and no one else. As i said "we are in a strong position and can demand good terms" so if short term funds are required to aid fast expansion i am all for that.

How long it will be before more capacity at Telfer is required will depend on proving up what is at Hav and Telfer and what other nearby finds turn out to be. I am sure SD will look at all options and not shy away from expansion. ATB Speedy

Hi Bamps. Thanks for the response. Finding more ore to process at Tefer and Hav coming on line with the possibility of finding more ore there will we have any spare capacity.

SD is a man on a mission and i cant see him stopping at just Telfer and Hav. If we make a new discovery withing the 50km range of Telfer, what then? ATB Speedy

Hi Bamps. Makes sense to use bank money, we are in a strong position and can negotiate fair conditions. Anything that speeds up the date for production at Hav is a good thing.

Can you foresee Telfer needing expansion to handle more ore, or is it big enough? With more gold to be found at Hav and Telfer would it make sense to build a processing plant at Hav. ATB Speedy

Hi JamesAndTheISA. The possible expansion of Telfer from FCF to handle more ore is in preference to Divis. ATB Speedy

Hi All. I am not a fan of Divis but would most certainly accept a 1oz coin as a substitute. ATB Speedy

Hi Dubstep. Its Britannias. ATB Speedy

Hi Tradedan. You ask "what to buy and where to buy" 24 carat 1oz gold Britannias, VAT and CGT free, stored at place of purchase. Where to buy? Atkinsons or Chards back when gold was $600/oz. Avoid The Royal mint and firms like Bullion by post, check premiums charged.

I have banged on about this now for many years and now the time has come where premiums are going through the roof and supply is very limited.

This bull run is far from over, the problem is getting on board in any sizeable quantity.

Do not forget silver. Silver britts can be purchased in a bonded store to avoid VAT and are CTG free. The relatively low purchase cost but high production cost makes premiums high but long term will play out.

Not one person in a million understands the gold market but this is changing rapidly and soon there will be no gold for the average investor as CBs and big institutions grab as much as they can.

ATB Speedy

Hi All. Stuff the divis. We are going to need another Telfer sized processing plant just to process our own ore or then we can go on a M and A spree. ATB Speedy

Hi All. Glad the TH meet went on OK. What a star SD is. After meeting him a few years ago i felt he was the man for the job, now he has proved it. ATB Speedy

Hi Tome. Your "Charlies" must be making you smile. ATB Speedy

Hi All. A few years ago, at a TH, SD mentioned that Hav could be a 20mill oz deposit. Could someone please ask him what his views are on size of Telfer? ATB Speedy

Hi All. Best ignore the bore. What ever you do do not put it in the bin, far too stupidly funny to miss. ATB Speedy

Hi Ham. I have a pal in Essaouira Morocco, says he will sell you a few camels. Long camel ride home though. ATB Speedy

Hi Spy. Not sure about S Korea but Japan and China are the biggest holders of USA debt. The orange one is crazy enough to threaten to default on that debt. The rush out of the $ will be increasing. Wonder what they will use instead? ATB Speedy

Hi Doublehun. When he speaks you better take notice. If he says the $ is toast then the $ is toast.

The collapse may happen faster than folks think, be prepared. ATB Speedy

Hi Doozer. There is not enough gold around to use as a reserve currency for international trade, AT TODAYS PRICE. The talk of a re rate is a real possibility, not just yet though, the world needs to off load there trillions of $s first. Many central banks are doing just that, but it will take many years to see a currency even 20% backed by gold.

Having said that the USA $ is in such a precarious position it could happen faster than anyone realizes. ATB Speedy

Hi Element. Best to just ignore the bore. It brings nothing to the table and is aggressive and a bully. ATB Speedy

Hi All. One of the key pointers for the direction in the POG is geopolitical risk.

Just wait until the orange one needs a war to make him look good. Throwing a few cruise missiles at Iran will do the trick, god help us.

Our sitting duck air craft carrier will be passing the Suez just at the correct time. Best break out the tin hats. ATB Speedy