The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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!
Has anyone ever heard of talk of Shanta producing our own gold coins !
English I feel you are in with a good chance of getting back to 2p in 2018 but I feel you are in with just as good achance of getting into £ 2 by 2020 if gold goes to what some are calling its true value between 5,000 and 10,000 an ounce and the gold really does go down 2 kilometres Deep i certainly think £ 2 would be quite reasonable
Bit coin has got no real value gold has got loads put the two together winning combination !
Should shanta be looking at getting an e money license like lions gold !
Thought I’d see if DR has any thoughts on crypto currencies - have asked “Is linking to a digital coin for gold sales or share dealing something Keras/Calidus might consider? It might bridge the GBP - AUS$ problem plus get more people interested in the company/ies”
so if krs joined forces with someone that deals in crypto currencies or someone with an E money license could we deal in Keras shares with the digital currency and later on our gold to have a digital currency which actually has a value as most traditional currencies are no longer backed by gold
Shares down in Asia ,slowdown in China ,shipbuilding orders in South Korea record low ,stock market down 450 points but all should be good for gold in the longrun !you can understand there is not much interest in Cai share price at the moment as they�re about to give away a whole load of shares free of charge after that I�m sure the share price will find the true value
We are starting to get an idea of just how big this deposit really is but we are never gonna know the full potential unless we get a better idea of just how deep it goes. If we look at the Brandon hill report it gives us a fairly good idea of of the original make up of the deposit talking of up to eight volcanic granitic plumes taking place over about 3 1/2 million years so that in itself makes you think this goes down a long way. It also talks of massive sulphide deposits which is basically groundwater turned to steam under high-pressure and as we know the sea water surrounding it at that time contained a lot of gold. This probably accounts for the intrusion of low grade gold up the shoots with a high grade from volcanic action probably both happening at the same time ! If we are bought out early on then probably none of this will matter but if this becomes a long-term project ultimately this is going to decide the Ultimate value of this deposit so any ideas on how we find out how deep it goes ?
If the consensus is that this gold goes to a couple of kilometres depth the grade should improve the closer you get to source. this one really has got potential and we haven�t started drilling marble bar yet and we know there was at least 18 old goldmines there which again produced really good grades My first sale marker set 3p
So, to return to the contents of a 450 tonne mine dumpster, 450tonnes @ standard Klondyke 2g/tonne should contain about 30 oz gold. At 10g/tonne should contain about 150 oz gold. At 30g/tonne should contain about 450 oz gold. And the mind blowing 168g/tonne could contain about 2520 oz gold or 71kg! Enjoy!
MrP - your answers are so clear & concise. Good to have you on the board. I know we�re in here for the long term & it�s just good to have confidence in others around you. It makes me feel positive for the future. I feel you�re working hard at this. Good on you.