Member Info for TimberTrader

...and specifically important to us, a new record gold price in Australian Dollars, AUD 3069

https://www.tradingview.com/x/JTagyanV/

POG closed @ USD 1933, up 3.4% for the day!

Let's see what next week brings....

https://www.tradingview.com/x/Yty4oYmf/

The only Motley Fool articles on gold/copper mining companies that are at least reasonably well researched are those written in the Australian version. The UK Fool is generally rubbish, IMHO.

@ sandgrounded, "And GGP marked down in this crooked market!"

Beat me to it!!

Shooting up now! Currently up 2.8% today, to USD 1920....

https://www.tradingview.com/x/y8SLqOoQ/

Https://www.tradingview.com/x/Gv1LSnCV/

USD 1900 just breached! Already up to USD 1912!

Several pushes to breach the USD 1900 level today! Current intraday high @ USD 1899.87...

IMHO, it's certainly not "shocking" by any degree! Even with the assay lab improvements, you need to factor in the initial on site core inspection and transit packaging, the transport to the assay lab, the transport back, and the analysis.

My personal view was that results could be expected mid/late September. It's my understanding that Shaun Day indicated a few weeks delay, for logistical reasons, when he last mentioned them.

Therefore, IMHO, I'd hope for a release by the end of this month, or early November.

That all said, I just wish that the MD wouldn't make statements about assay results that are, possibly, overly optimistic, because, from past experience, it only adds to potentially negative speculation!

If that's a fault, then, IMHO, it's a very minor one, but one that the usual suspects just love to cling on to!

But, yet again, with all of the possible permutations, I say, yet again, IMHO, we have, due to our MD's previos actions, probably the very best BOD possible, in any AIM company, whatsoever, let alone ANY UK company today, to take us to the table with the very best options available!

If you can't see that, I give up!

DYOR

Mind you, a potential big increase over the next week, or so, could be a very different picture, and would certainly worry the manipulators!

POG moving up nicely today. Currently @ USD 1893.

OK, there's not generally much of a correlation with the GGP sp, but, a steadily increasing POG should at least hold us above the more recent lows, IMHO!

https://www.tradingview.com/x/C9LfjEMz/

Speculation, sure, but considered speculation, and, the most likely outcome, IMHO, and has been for some time now.

As always, only time will tell! GLA!

Https://www.newcrest.com/sites/default/files/2023-10/231013_Newcrest%20shareholders%20vote%20in%20favour%20of%20Scheme%20-%20Market%20Release.pdf

Https://investingstrategy.co.uk/stock-tips/prem-avct-kod-all-ggp-hzm-gmet-harl-vast-boil-were-in-the-endgame-now/

Let's wait and see which of the, usual suspect, de-ramping trolls, post first, over the next few days, believing that we've all forgotten the actual latest, positive, Havieron project facts....?!

@ bandit1, "The worst outcome IMO is if Palmer continues to do or say nothing for an extended period. Somehow I feel however that when he is ‘signing the cheques’ each month on the mine development he will want to allocate capital to those projects he will retain."

Why would he delay Havieron though?!

OK, let's have another reminder, if it's really necessary, of what was stated by Sandep Biswas, back, exactly, two years ago now.....

“It is an incredible achievementn that, within two years of starting the Havieron drilling program, we have been able to deliver this significant project milestone and demonstrate financial returns that comfortably exceed our hurdle rate, even in this first stage. The Pre-Feasibility Study underpins an initial Ore Reserve estimate for the upper section of the South East Crescent Zone which increases our confidence in achieving first production in FY24 and triggers our entitlement to a cumulative 70% Joint Venture interest."

"We believe that this is just the first stage of a bright and profitable future for Havieron. Our extensive drilling program continues to assess the extent of the South East Crescent Zone and further test the Northern and Eastern Breccia for mineralisation which may be suitable for bulk mining methods...."

@ bandit1, "On the other hand should Palmer decide we are not in their future plans he will develop a plan of action which will enable them to sell their 70% of Hav and Telfer to the highest bidder. We are in a good position with Wyloo’s backing but I suspect that others may show interest too."

Sure, and i have no issue with that, on the whole. We still have, in any J/V agreement, potential buyer rights above the rest!

And, absolutely no surprise there, despite the usual de-rampers, and, more often than not, their subtle mind games to the contrary!

When will they accept that they're clueless about what's happening in the real world, unlike their continually negative posts, clearly lacking today (No surprise there then!)!

@ Culpepper, "But you can interpret it as you choose."

Thank you for that, and, as I always will!