Member Info for TimberTrader

Regards Shaun Day, I'm happy with the status quo right now.

https://twitter.com/GreatlandGold/status/1574285139705831424?cxt=HHwWgIC99cv__dgrAAAA

Newcrest Mining Stock

After reviewing our production and cost assumptions, we retain our fair value estimate of AUD 31 per share for no-moat Newcrest Mining and it remains one of our Best Ideas. Newcrest shares trade at around half of our fair value estimate. We think this is due to concerns over a stronger U.S. dollar and rising interest rates, which are potentially negative for gold prices. Physical gold doesn’t provide any cash flow for its owners and rising yields make bonds relatively more attractive. However, we see rising rates as temporary and see the gold price as being relatively well supported by the cost curve. We are also more confident of a recovery at Cadia and Lihir, and think the substantial development pipeline including Havieron, Red Chris, and Wafi-Golpu in Papua New Guinea is likely underappreciated. In our view, Newcrest’s main attraction is its low-cost, long-life Lihir and Cadia mines in Papua New Guinea and New South Wales, respectively. Both mines are likely to produce for decades as resources are converted to reserves. We also think production will recover at Lihir and along with the acquisition of Brucejack and likely development of Havieron, we forecast average annual gold production of about 2.4 million ounces to fiscal 2027.

https://www.morningstar.ca/ca/news/226795/the-cheapest-stocks-in-canada-right-now.aspx

Likewise!

Yes, I plan to be there Bamps. I missed the last one, so doing me best to get over to this one.

Hi Bamps, are you planning to be there on Wednesday?

'Gold Card' is running in the same race.

Havieron is racing at Port Macquerie, NSW, Australia tomorrow in Race 7 at 5:00pm in the Cetnaj Benchmark 59 Handicap.

Current win odds around 14/1 in the UK.

Might try an E/W bet.

https://mdata.racingnsw.com.au/FreeFields/Acceptances.aspx?Key=2022Sep25,NSW,Port%20Macquarie

https://twitter.com/shaun_day_/status/1573358236882935811?cxt=HHwWhoC93d--2NUrAAAA

GBP

GGP falling off a cliff today. Now down to USD1.0899

Missed this post from Shaun Day from yesterday...

https://twitter.com/shaun_day_/status/1572805901253509123?cxt=HHwWhoDUzcqo3dMrAAAA

@ pernickety, "I think this short is to shake as many PI's out as possible to give control to the bigger players who want a piece of Havieron which will possibly be one of the largest gold/copper mines in Australia."

Agree 100%, and which I've said for some considerable time now, and have seen it so many times before. I don't know if we're in 'desperation' mode yet for some, but it appears to be close from many here now.

Of course it's highly frustrating to everyone, but, for what it's worth, I still believe, and increasingly so, that this will pay off big time, if investors are prepared to wait. Nothing has changed in what we have, and increasingly so, every day! In a nutshell, there's no way I'm selling out to the big boys!

Cheers Dip!

Really?! Can you guys please just get a 'private room' for your petty arguments?!

Just start a new thread about your disagreements and we can just avoid!

@ Davielad Thanks for your reply... Maybe, but I see that as more medium term. So many goods are priced in USD, and especially from China, that we'll see the currency effect in the very short to short/medium term.

It'll be interesting to see, especially if GBP is routed.

As I mentioned a few days ago, with only a 0.5% increase in UK interest rates, especially when the Fed went for 0.75% increase, and now hugely increased national debt, GBP is basically 'crashing' against the USD. Currently down to around USD1.1050/GBP1.00! This will just fuel inflation further. USD/GBP parity looming? There's a good chance, IMHO!

Yup, planning to be there panama. TT

Good grief! Yet another thread, this one about the Greatland Gold MD's visit and meeting, now full of handbag bashing! What is wrong with people?!

Please ignore my last sentence. It was a quick copy & paste. Clearly it's a view. TT