Member Info for TimberTrader

Why? If you're a LTH it makes little difference, if any.

Shock! Horror! Gold price where it was on Tuesday!

Personally, I reiterate what I stated 2 days ago..."Thinking about this, and being one that was thinking that there may have been an increase in production guidance/reduction in AISC guidance, having seen what he said, I'm happy with how Shaun Day has done this. He's pretty much always been a "Under-promise and over-deliver" CEO/MD. It's well known by the brokers where we actually stand, and I'd rather see the slightly more cautious stand, rather than over promise and then, if there was a later issue, have to backtrack."

It sounds to me like Macquarie, IMHO, have their own agenda here again, making this relatively small point such an issue. You only have to look at several of the other brokers, considerably higher TP's, to see that, IMHO, it's nonsense!

GGP ASX UP 32% this month.

GGP UP 25% this month.

Indeed MT!

GOLD PRICE LOW ON TUESDAY US$ 5,098/oz

GOLD PRICE LOW ON THURSDAY US$ 5,097/oz

CURRENT GOLD PRICE US$ 5,135/oz

Another one of these for the bed wetters....

https://pbs.twimg.com/media/G30ckyUWcAAIj5D?format=jpg&name=small

Yup, and essentially any GGP sells now being bought up.

Https://imcpl.com.au/careers/vacancies/?ja-job=1072188

Thanks to Paddy & Stuart Hinds on 'X'.

With several jobs being advertised, it looks like 'Iron Mine Contracting' have been awarded the contract for the next raise on the Telfer TSF8 - the current one that has just been completed allows for production into 2027 and this will derisk future production even more...

https://imcpl.com.au/careers/vacancies/?ja-job=1072477

More positive GGP ratings this morning to counteract some of the, frankly, nonsense, IMHO from some of the other brokers/analysts...

GGP Retained at BUY at Citi; Price Target: $16.00 from $13.50

GGP Retained at BUY at Ord Minnett; Price Target: $18.50

Does he work for Master Investor?

Gold Price in US$ 5,311/oz

https://www.tradingview.com/chart/?symbol=OANDA%3AXAUUSD

Gold Price in A$ 7,580/oz

https://www.tradingview.com/chart/?symbol=OANDA%3AXAUAUD

It'd be interesting to know if they've included the Telfer WDU drill assays into their figures at all? I'd guess not, as it's usual to await MRE figures, at least. Post March, and the WDU Maiden MRE, I wonder where they'll be then, alongside the full Telfer MRE?!

I'm not missing anything Joe. It's the markets that don't get it! Well, most of them, currently anyway. It was the same before, and it's the same again.

Some very nice Copper numbers at Hasties.

Https://api.investi.com.au/api/announcements/rcr/daaafc8a-d37.pdf

Maybe Goldman Sachs saying one thing, and doing another, again?

Posted today...Jeez! Some of these guys just take forever to catch on what's been happening for months/years!

Debasement trade going ‘from theory to execution’

The dollar has seen its value drop as the so-called debasement trade sweeps global markets.

Investors are switching to hard assets like gold and other precious metals over fears that inflation, deepening government deficits and lower interest rates by the Federal Reserve will devalue the US dollar and Treasury bonds.

Gold has already climbed 22pc this year, while silver has rocketed by 60pc. Meanwhile, fellow safe-haven currencies have climbed.

Stephen Innes of SPI Asset Management said: “You can see it in the way the capital is rotating. Europe is no longer just a funding leg. Switzerland is no longer just a parking lot. Asia foreign exchange is no longer moving only when Washington gives the green light.

“The tape is telling you the debasement trade has gone from theory to execution.”

Highly successful recent ASX gold entrant Greatland Resources has indicated that the ongoing buying of put options to ensure downside gold price protection will likely remain a course of action...

https://www.miningnews.net/miners/news-analysis/4526256/greatland-day-talks-price-protection