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I normally get told to go back to sleep ! Have dealt in GGP many times . And the wife who does the dealing as she used to work in a bank said why are we coming out of GGP the price is going up ! I said because they�ve got no gold or rather they�ve got lots of gold but it so thin on the ground it is not worth mining at the moment or it is so deep the costs are more than the payback. So the money headed to KRS when it was 400 K resource with lots of goldmines that you can see from the photo just going away in the distance. So like you say invest in the fundamentals now the resource is over 700 K ounces & heading for the first million, 50,000 m of drilling underway fully funded, price of gold heading north and the Sun shining and Sunday dinner to look forward to all is good in my world GLA
Andee your point that Mark Connelly was senior executive at Newmont mining that is not something that you miss so I find that particularly significant knowing Newmont were looking for new ground recently with Greatland ! I was only saying to the wife yesterday morning just how few significant gold finds there have been in the last five years and as I�m convinced ours is a significant find you just know the big firms like Newmont are going to be looking !!! GLA
Gold price going up good luck everybody !
Today I heard the first talk of us being in a bull run on gold with prices going up generally for at least the next four years ! The US debt clock puts the gold price now at 5,778 us dollars per oz ! You can print as much money as you like but in the end inflation always catches up ! And there is talk of them putting the rates up but they will soon be bringing them back down ! My wife tells me I watch too much telly
In Beijing they are protesting about the share price going down outside the American embassy did they really think the share price was going to go up for ever ...... maybe time to invest in gold ...... I would tell them myself but I Can�t see that number on the menu anywhere.
How long will the US dollar last with debt rising $1 million dollars every 120 seconds one month ago on The US debt clock today you can knock off five seconds so without any compound effects or interest rate hikes or the president giving away tax cuts everywhere in 39 months time it will take zero seconds per million ! Also in the same time it has lost a staggering 277 dollars per oz gold http://www.usdebtclock.org/
How long will the US dollar last with debt rising $1 million dollars every 120 seconds one month ago on The US debt clock today you can knock off five seconds so without any compound effects or interest rate hikes or the president giving away tax cuts everywhere in 39 months time it will take zero seconds per million ! Also in the same time it has lost a staggering 277 dollars per oz gold http://www.usdebtclock.org/
The last gold bull market we took a little dip then went all the way to the 1800s per ounce. If this time it started at 1250 per ounce so when we get to 2k an ounce remember to wave because I do not think we are going to be stopping with all the money printing that has gone on. So for elf and safety maybe better strap yourselves in !
The last gold bull market we took a little dip then went all the way to the 1800s per ounce. If this time it started at 1250 per ounce so when we get to 2k an ounce remember to wave because I don�t think we�re going to be stopping with all the money printing that�s gone on. So for elf and safety maybe you�d better strap yourselves in !
My prediction is forget 15k with money printing and the dollar steadily losing value. Gold has reached its peak and the world should mine less gold each year from now on. I predict gold will be above USD1800 an ounce and hopefully CAI will find another million ounces in the next 18 months. I predict that CAI share price will be 10 times what it is now. So should be at 41cents so I believe that will be 75K per million Keras shares. That Is my prediction and as my wife says I have got an annoying habit of getting things right so hope I am right on this one. Take a screenshot of it now and remind me nearer the time if I am wrong. My problem is I turned out my pockets and I just cannot find any more money to buy more at the moment.
I have looked back and I believe the figures are correct but I believe at the time what was said was by the time you add another million ounces after drilling you should be able to double that price to probably �15 K
It is not worth looking at Krs share price. I believe it all depends on Calidus share price in Auz I believe they are now worth about �7500 for every million krs shares. Up to 4.1 cents with 3.5m traded today - up three points So a huge buying opportunity over here, but patience required. Someone correct me if I�m wrong.
The dow down 360 points. Everybody knows the markets are so overbought. But that�s money that�s been printed and has got to go somewhere so it will ultimately go to gold and gold shares. Itks the only safe haven. Be patient it will come !
I�m sure investors know of the huge potential in krs with the high grades coming out at present but are holding back due to the escrow period seeming to be a long way away but I think they�re forgetting the huge potential if there is a Buyout out then the Escrow period disappears altogether and a lot will regret not getting in early at these low prices
Good solid results. Steady as she goes but nothing we didn�t already know. It will be good to get the first drill results for this year I suggest we put the boys doing the drilling on bonus then maybe they�ll do 100,000 mtr this year. With so much choice of where to drill I feel in my bones it�s gonna be a good year !!
I�ve often heard that gold should be USD6000 per ounce and that if Trump resets the gold standard to the dollar it would be at USD6000 but always wondered how they got to this figure. When you look at the US debt clock http://www.usdebtclock.org/. In the bottom right section it�s clear for anyone to see present dollar to gold ratio is now USD5758 per oz, which is up a staggering USD262 since 4th Jan, ie. the dollar has devalued by this much. That�s gold�s true value.
The price at the moment we could possibly be getting that much back each year in dividends in future, with the gold price going up GLA