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Certainly couldn�t agree more , and with the gold price marching on up I reckon the performance shares are going to be worth the best part of a few bob !!
As stated many times this shows just how hard it is to get a proven resource with conglomerate gold. But at the same time I think this greatly enhances the chance of us doing a deal with Novo. We have a proven resource and growing fast this could be very helpful to them by way of getting the processing plant up and running . Giving them time to prove their gold resource but if we do do a deal with them I believe we should make sure that we get a share of their conglomerate gold. It might take a lot of big gold producers to get together to take on the conglomerate story but I certainly think we should be involved and at the moment we seem to hold a trump card (even if that’s not a good way of describing it these days ) with our proven resource.
Up until today I’ve received about eight emails a day telling me buy bitcoin. Today sentiment changed & instead I had eight articles telling me buy gold ! with anything up to $2 trillion to come out of markets around the world over the next two years. Buy gold as the fed and main banks begin to tighten and stop printing money, buy gold ! The money has got to go somewhere but better still buy the goldminers preferably the juniors even better penny gold stocks, as long as they’ve got good fundamentals. Anyone know a firm like that ?! get out by 2020 they say.
Novo buying shares and joint-venture. MacArthur minerals mentioned us About eight times in the last announcement. there must be countless other larger miners i’m sure looking at us licking their lips. just wonder how long before someone takes a bite !
This should give us a bit more idea how the resource is doing & how deep it does go, & someone else is paying :-) https://www.investi.com.au/api/announcements/cai/f09f8a1f-545.pdf
With the resource upgrade we all tried to guess at the number of ounces , now how about we’ll try and work out how many ounces we can find in 2018 , on average we seem to go up about 350 K ounces a time. I believe we get our first upgrade in first quarter hopefully with two more to follow ,1.65 m oz
What is it they say you dont buy the firm you buy the asset and for all the companies I have looked at none have got assets as good as this one the potential here is absolutely huge and I think DR is doing a Stella job ! hope he keeps up the good work in 2018 The era of printing money is coming to an end now but artificially high stock markets will have to start looking for real assets and there is none better than ours even if the stock market takes a dive ! Is my honest opinion !
What is it they say you don’t buy the shaggy by the assets and for all the companies I’ve looked that none of got assets as good as this one the potential here is absolutely huge and I think they are is doing a brilliant job hope it keeps up work in 2018 good luck everybody
A month ago no one would’ve believed the bit coin would’ve gone to 20 K so don’t be surprised when gold goes 10 K. they’re both going there for exactly the same reason - nobody trusts paper money The next step up for the bit coin is 50 K so maybe it’s about time we got a crypto license Gold link to crypto equals big bucks
Just one of six reports https://news.goldcore.com/us/gold-blog/gold-reset-10000oz-coming-end-year-rickards/ have a read
You consider this possibly optimistic but remember this doesn’t take in any increase in gold price at all and I haven’t seen one analyst that hasn’t said they expect the price of gold to go up in 2018 and 19 and halfway through to June so closer to £20,000 per million
To be honest in 18 months time I would expect us To have proved up closer to 2,000,000 ounces Being as aggressive with the drilling as we areand at least found some conglomerate gold so I would expect cai share price to be just off The scale at 10
When you look at the debt in the USA they show you 20 trillion apparently that is only one 10th of the true debt the dollar is only worth four percent of what it was 100 years ago so to get away from this that current debt if they devalue and link it to gold as America has more gold than anyone else that would set gold at around 10,000 announce what would that do to our share price !!! The old value would be separate from the new value which would mean they could carry on borrowing like nothing ever happened The Chinese own most of the old debt which let’s face it they just printed money to buy that’s why I think 3 pound eventually is quite reasonable
Try this link to the US debt clock & see if you feel the same as me. I feel it’s completely unsustainable. What’s it going to do to the gold price. http://www.usdebtclock.org/
Hi pinecone 54 seems like there’s too many variables on this one but it would seem that if you’re buying at this price pretty well guaranteed to have a nice pay out in 18 months time and I’m certainly still buying. I have a very low average price of .425 my first target sale price was 2p but I have since change this to £ 3. When you look at the American debt clock going up at $1 million every 115 seconds, the debt ceiling about to be raised for the 79 time in a row which should send dollar down and gold up can only see the gold price going up at a time when we are finding loads of gold but in all honesty I expect us to be snapped up long before that ! So if I don’t have to cash in my shares to pay off my mortgage might account for big smile on my face
Christmas break looks like lots of people are taking money out for Christmas or just trying to show a profit for the year ,I’m sure they will be back in January can’t see any better long-term bet The potential here is simply huge show a few nuggets from the conglomerates and a bit more talk of a crypto license and her feet won’t touch the ground IMO
Forget how many sleeps to Christmas I believe we should have a Clock how many days countdown to escrow ! So to make sure I’ve got this right everyone now that buys shares in K R S will be in entitled to shares at the end of the Escrow period in C A I i’m 60 I’m at present have an average size interest only mortgage payable by 2021 my wife has just informed me that at 4 cents a share at the end of the escrow period that clears our entire mortgage , so I am a very happy man today I believe this is the big day for the shareholders and I know the share price hasn’t reflected the true companies worth at present but as we discover more and more gold the share price is only going to go up so good luck everybody also as we find more gold we become a bigger target !
Super duper cores coming out of the ground , substantial upgrade of resources , loads of money for exploration , management with loads of shares in the game , possibly 2 km deep ,haven’t even started drilling at marble bar where we know there is high grade , just about to read another report of gold going to $10,000 an ounce , Think I need to go and pinch myself ! Some of you have obviously been here a long time I think you’re about to get your just deserts !
I’m sure someone said the results upgrade was due early December so imminent !
Here’s one of many reports on expectations for gold price over the next few years https://news.goldcore.com/us/gold-blog/gold-reset-10000oz-coming-end-year-rickards/ I believe bitcoin is showing us the way!