Member Info for speedymeadie

Hi MH01. No panic here, just would have liked to see an RNS prior to the TH meet. We are all fully aware of the fact that SD will not show his hand early but he could let us know if he is entering the ring. ATB Speedy

Hi All. Still no clarification on the Newmont GGP JV. This lack of clarity unsettles the market and gives the shorts (added 3 mill this week) the advantage. If there is no RNS before the TH meet the event will be meaningless. If SD has known for a long time that Hav/Telfer is up for grabs then please inform us all about the way forward. ATB Speedy

Hi All. Other commitments mean i will not be able to make the meet. These meets are great, but do not expect new news as this can only be announced via an RNS. 3 days to wait and see if an RNS hits the mat. ATB Speedy

Hi All. Just because Newmont are huge does not mean the BODs are infallible or smart. Look at their SP, they are back to where they were in the 1980s. Off loading Hav and Telfer could turn out to be a major mistake on their behalf. Share holders will be furious when Hav meets their criteria for a tier 1 mine and EG gives us another Had005

Come on SD show them how its done and turn GGP into your vision. ATB Speedy

Hi Rotherby. It is good to look at what hurdles may need jumping but i am sure SD has all the bases covered. ATB Speedy

Hi Goldworm. Thanks for posting your views on the value of Telfer. Hav needs Telfer and Telfer needs Hav. Taking over and improving the plant can extend the life of the plant almost indefinitely making the rehab costs pale away. It is more than just old ball mills, with all the infrastructure in place and of course the workforce. Making it a central processing hub makes absolute sense and i am sure SD sees it the same way. Just do not shout about it just yet. ATB Speedy

Hi Ben. It is not just the banks. There is so much cash floating around looking for a home. SD must be rubbing his hands together. ATB Speedy

Hi Antigua. I thought it would not be long until someone bought up the devil of dilution. I have no fear of dilution for accretive purchases. ATB Speedy

Hi All. If you take the time to think this through it is a dream come true for SD and us. We have the ability to raise finance and manage the details to go ahead with Hav. If i was SD i would be (or already have) talked to Newmont on the take over of the JV. The 5% saga was good but this is way past that and what our BODs have been assembled for. As for Telfer the plant is old but still working fine and the work force is worth its weight in gold. A very happy Speedy.

Hi Laverda. "is there a website" you betcha, full of the prettiest females ever, running one the biggest sovereign wealth fund. Or so i have been told. ATB Speedy

Hi W8tsy. Its all to do with those Oslo girls. ATB Speedy

Hi All. The BTC/GDX spread is a usual show of assets that are loved and unloved. When the BTC(tulip bulb) bubble bursts and gold goes on it continuing bull run the spread will look very different. ATB Speedy

Hi All. I very much doubt a fall to 0.15p but if it does i will be selling some of my Britts to load up on KOD. ATB Speedy

Hi All. My investing strategy is much much simpler. PMs are entering a massive bull run, buy PM stock. Just make sure the Co you invest in has a good asset and a good management team. Simple really. ATB Speedy

Hi All. Loft and Plode, the two jokers. The shorts must be jetting jittery carting these two out. ATB Speedy

Hi All. The recent pullback will be short lived and is driven by the dot chasers reacting to the possibility of no rate cuts. If you are a regular buyer of those wealth saving/increasing Britts just ignore the $ POG and keep on adding, you will not regret it. ATB Speedy

Hi Freddie. When he leaves your pound will not get you 1. ATB Speedy

Hi Laverda/100notout. I say "waiting for my 1p" to simplify matters and not clog the board with a long explanation. 1p would be my top slice where i take out my first profits and then leave the rest in as a negatively priced ride.

I fully agree with what you say about the profit potential of the gold sites. Gold has done me very well since my first investment way back in 1974 when i purchased 100 gold Brits for around £7k. Also purchased my first house for £8k cash. I have been involved in the PMs market for over 40 years and over that time have built up my physical gold to a considerable amount safely stored away in the Alps. I use it as collateral for investing in explorers/mining stocks, must admit that it is very hard to find the winners but have long realized that buy hold is the best strategy. ATB

Hi SAS. You just broke my calculator. ATB Speedy

Hi All. The SGE (Shanghai gold exchange) has reported a massive increase in gold withdrawals. This is citizens and Cos protecting their wealth by owning physical gold. The Chines gov has and still is encouraging its citizens to own physical gold. However, we in the west are shunning the shiny stuff to such and extent that it is not even on most folks radar. The shift away from USA $ and into gold is slowly, slowly happening with an ever increasing amount of trading done outside the petro dollar and the BRICS not using the $ for trade. Central banks in Russia, China, Turkey, Iran, India, and a multitude of other nations are stocking up on gold reserves and refusing USA debt. How much longer can the banks keep the lid on the POG? Not much longer is my bet. ATB Speedy