Member Info for stuartw6040

I was a little disappointed with the latest NC comments about having reached their goal for exposure to 5 tier one projects, I had hoped havarion would be included,sadly it was REDchris that was included. They appear about three months behind on the decline,but pfs around end of the year like us.

So my question is,what makes them a potential tier one at this stage vs us? They do appear to have more drilling but we have better grades. I’ll keep trying to compare and see if I can find out how much more drilling they have done than us.

I’m just hoping we are added to that list shortly,perhaps we need infill into the breccia to confirm the longer life needed for a tier one.

On scally,I simply think they are reporting the whole program together and don’t yet have the last assays back, scope for good or bad news is equal in my mind and frankly it’s all about HAV for me until or unless we pull a good assay out from somehwere else. I’ve been here for EG and black hills. I’m not expectant other than for HAV to become a tier one. That’s the money shot.

Have a good day all and appreciate in advance any responses to the redchris vs HAV tier one debate

its the modern Era davilad, people have mobile telephonic communications devices and dont need to communicate in Morse code by buying small amounts of shares. The simple answer is it people from freetrade or robin hood etc where there are no fees or where they get given a free shares etc

Log = pOG price of gold lol

But man oh man I agree it will be a whole different ball game. I wonder where the log will be by then after the inevitable next rounds of stimulus

2-3 years is fairly long. Assuming no buyout prior ,depending on your investment horizon and circumstances

I might just buy your fools gold lump if after ten years of existence if it had performed as btc has.

Appreciate the analogy however for the crypto space, so much fraud and “tokens” created out of this air with no real use case.

Blockchain as a technology is the future however, I believe. Crypto currency well that’s a mine field best left to gamblers.

There are some great decentralised and not for profit protocols being created however, not for my time but I think in 20-30 years if successful they will solve some big real world problems.

Anyway,I find it all fascinating if nothing else,I try not to dismiss or outright ignore an asset class that’s doing well until I understand it and make a decision.

Hope I haven’t offended by bringing up the discussion. I see it as digital gold amin to my physical holding (bitcoin that is) hence why I brought it up on the thread.

Nice blue day for us as we await a couple of big months.

Ducks Ducks ducks

Thanks flashy,good to know.

A more balance post Steve,however the coin in question was Etheriuk classic, NOT Etherium itself.

Balanced views are always welcome as is your research,I found the article interesting but disagree it shows bitcoin can be hacked. Thank you for your views without being rude.

All the best

I use bullion by post for my coins just cos its the first one I found and they have been ok. I buy a small coin each month I think the point on physical gold is its a very long term hold 10-30 year min and really, its your apocolypse protection Ive only got 1% of my Net worth in physical I did a bit of research regarding selling back and If I am not mistake if you are looking for a shorter term investment in gold and are worried about resale, then gold bars fetch a closer to spot I am led to believe, but look into tax implications, I am not sure they are also legal tender like coins but i believe they a=re also free of tax. I wouldn't suggest owning any physical gold for the short term personally. far better leveraged exposure in the markets IMO

UM, again Steve, just pure ignorance, another skimone article and make incorrect links out of context. Have you read the article yourself? How much does it talk about bitcoin and bitcoins network and protocol. I suppose these hackers went for a tiny alt coin instead of the 280B bitcoin then did they? Nothing is without risk,hell we are talking on a gold exploration forum, I think most here are comfortable with a bit of risk. You are talking about blockchain as is that article, I don't invest in any other crypto currency, only bitcoin, the attack they talk about there is on a layer two solution and has nothing to do with bitcoin, its totally out of context compare the network and nodes involved in that hack on a junk crypto? you cant gain access to 51% of bitcoins network, stop comparing apples and pears and put up a real argument and I will happily discuss.

Have a quick look at the billions of investment by tech companies in the last 3 months, Michael saylor put in 450m of his treasury. these are not idiots but some of the most successful billionaire investors and ceo's ever. Ill take my knowledge and follow their lead and take my own risk as should anyone. but do balanced research, not clickbait please

I have indeed looked into the mining side. ARB is one that has a huge hydro plant and could do well (havent invested there yet)

I am invested in a bitcoin tracker out of stockholm sweden, sadly these are no longer available from 01/01 in the uk as will be banned by the FCA, but you can hold what you have and I think buy before than, and sell anytime ofcourse, but cant buy more after 01/01.

The rather rude and ignorant poster below CB1984 is right however on one account, there is a hell of a lot of scams in the crypto space and futures, options and pools and the higher risk derivitive end are to be banned by the FCA, NOT bitcoin or normal crypto currency, just some of the more complex and leveraged products.

going through a tracker or after a miner in an ISA is I agree probably the least fuss. although again i think you can only buy the bitcoin tracker in a pension and not an ISa.

Al always do your own research, but it amazes me how people are so quick to call it a fraud. Type into google what the best performing asset of the last decade is? Stop being ignorant and do some research. Criminals use real money to by the way CB1984, a hell of a lot more than they use bitcoin. But if you are after a store of value for a small portion of your portfolio alongside the yellow stuff, then all my post is suggesting is that you do a small amount of research into BTC, its hugely volitile so my bet is long term, I dont trade it. I also only use coinbase and binance as they are the biggest most trusted exchanges. I also remove the counterparty risk by storing mine on a digital ledger called a nano x so it is impossible to get them without my 32 word password.

On the subject of removing its encryption and essentially hacking it, sure with quantum computing it is theoretically possible, but thats like saying we are going to mine gold off asteroids so why invest in GGP? its a 280B honey pot, the blockchain is designed to assume each block is under attack by bad actors, thats the beauty of the proof of work concept, its decentralization. the only way to bring down bitcoin would be to switch off the internet.

People get very touchy about the subject, as do all humans when they dont understand something. Enlighten yourself and make an informed decision, even if that is to continue to ignore it. or better yet, dont and come back to this board in ten years, Ill still be here, then lets have this conversation again.

Hold for gold

And today Condorlini, those 12 bitcoins or 1200 investment would be worth 186000. Almost everyone I have met who doesnt consider bitcoin a viable investment talks the same language and each one references untruths about the actual currency or space, granted it has abad rep, the space is not too disimilar to Aim.

Its actually very easy to understand, the white paper is only 7 pages long and a quick albeit complicated read. but that same asset you dismissed 10 years ago, you are dismissing today, YET, its still here, the best performing asset of the decade, unhacked and with a still tiny Mcap of 280odd billion. The same wall of money that may hit gold in the coming years will hit bitcoin too. Bitcoin however only has 21m coins that will even be minted 18m of which are in circulation, the last 3 million half every 300k or 4 years and so the last coin bitcoin will be issued in roughly 100 years time.

Follow the money as they say, a quick mornings research will bring you up to speed on bitcoin and blockchain in particular as its blockchain that will be the revolution and bitcoin is slow in comparison to the layer 2 protocals, bitcoin will become digital gold rather than a useful payment system.

Anyone who believes in the macro for gold, really should research bitcoin even if only to make certain you are not missing out (again) a lot has changed in 10 years. If you had the foresight to find GGP, surely that rabbit hole must walk you right past blockchain.

good luck, just don't be sat there in 20 years having missed the same opportunity twice. It really doesnt take a lot of research to understand it. give it a try :) but by god don't sell any GGP,, I would never suggest that! hahaha

Hey Nugs, I don’t believe there is a distinction but happy to be proved wrong. There are generally accepted definitions of a tier one deposit and newcrest had theirs in their annual report taking into account mine life and mined Oz per year as well as size.

Apologies for the aweful spelling mt GoX I meant ofcourse

Hi speedy, with all due respect, the mt fox customer are being refunded and they hopefully learn their lesson not to bypass one of bitcoins unique properties it shares with gold,ie the ability to take away third party risk by removing it into a ledger and not storing it in an exchange like my fox. For the record it’s never been hacked. Would be a lovely honey pot of 240billion if it were possible.

I share your enthusiasm for gold coin, but I feel before shooting bitcoin down, take a closer peak behind the ole negative press. Take a look who is buying it right now. If you genuinly are focussed on leaving wealth for your kids,I urge you to investigate blockchain far deeper than you have if those are your reasons for not buying.

All the best,

Stu

Speedy I do and will always share your sentiment, but the reality is , in answer to your question regarding storing wealth for your heirs. The answer is bitcoin. Although I allocate to gold physical and miners also. the future is a deflationary asset like bitcoin which by the way also happens to be the best performing asset of the last decade. GLA

Cheers Red

What company is that then Red? Interested to have a look at their hits

Well as fun as that was and I hope you all took advantage,I’m with Mickey on this one. For me,the gold bull market starts to pick up pace from here,fundamentals for gold unchanged, yesterday’s reaction in the short term makes no sense and hence I expect it to reverse.

Things are just about to get interesting for us holders. Possibly the biggest and most impactful news coming our way in the next 8 weeks. Some of us have been waiting a very long time for that news and expect it may just sharp rise even the most conservative among us.

Zoom out and smile. We are still just getting started.

Ducks Ducks Ducks

Kieffy,I admire your optimism,all in good time sir, NC themselves have repeatedly given the time frames so I see no reason to doubt them or rethink things. Decline end or start of 2021, PFS end of 2021. I don’t disagree that they have come a long way. But when they have just come out with a timeline,in visual format no less, then I think I’ll stick with theirs.

Feeling in my bones we may have a scally RNs today,I’d prefer it next week or the following to be honest.

Good luck greatlanders,