Member Info for TimberTrader

Not sure how the big rises this week correlate to STOXX, but thanks to Stuart Hinds, here's a bit about VanEck’s GDX ETF rebalance today too...

VanEck’s GDX ETF Approaches Key Rebalancing Amid Gold’s Historic Surge

As gold prices target an unprecedented $4,400 per ounce, the VanEck Gold Miners ETF (GDX) is positioned at a critical juncture. The fund, which manages approximately $25.72 billion in assets, is set for its annual rebalancing on December 19. This event will finalize a significant strategic shift initiated earlier this year, potentially reshaping portfolio weightings during a period of exceptional strength for the sector....

https://www.ad-hoc-news.de/boerse/news/ueberblick/vaneck-s-gdx-etf-approaches-key-rebalancing-amid-gold-s-historic-surge/68426884

From many previous posts like this I remember on the forum, over many years, including the heady days rising to 38p, it often doesn't happen as planned, and stated by P/I's, unless they are absolutely 100% firmly set on the targets, with no deviation allowed, whatsoever. Invariably, if there's a sustained rise, as there was in the past, over a week or so, taking you to your target price(s) one day, or above, I'd venture a guess that many will hang on that 'little bit longer' before selling the percentage that they planned to do. It's just human nature.

So, UT @ £4.939 (A$9.99)

We closed on the ASX today @ A$9.80 (£4.84) and the Intraday High was A$9.91 (£4.90).

We need A$10.12 tomorrow to hit £5.00 equivalent.

Definitely looking likely, but, as always, only time will tell.

Thank you Tom, and the same to you and all!

Hi Tom, just breached the 1st resistance. Touched £4.85 briefly.

£4.85 just touched....

Greatland Resources shares (ASX: GGP) have moved to a new high today, propelled by a new joint venture and positive market sentiment, as the company edges closer to the psychologically significant A$10 mark. The company’s strategic moves to expand its exploration footprint are being well-received....

https://thebull.com.au/news/greatland-resources-shares-ggp-hit-new-high-as-jv-announced/

Latest Rincon investor presentation from last month...

https://api.investi.com.au/api/announcements/rcr/68143c6e-a21.pdf

Yeah. Our 'X' site is only reposting the news from the Rincon site...

https://x.com/RinconResources/status/2001428434120274153

I'm sure they're not crap!

Greatland a 'big fish' now!

Tiny Rincon farming out exploration ground to Greatland

Minnow teaming up with a big fish

MiningNews.Net

Microcrap Rincon Resources has signed a deal with gold miner Greatland Resources to farm out a portion of the junior's Telfer South exploration ground near ...

https://www.miningnews.net/exploration-development/news-articles/4524946/tiny-rincon-farming-exploration-ground-greatland#:~:text=Microcrap%20Rincon%20Resources%20has%20signed,big%20copper-gold%20operation%20in%20Western...

"Greatland, with their ownership of the world class Telfer mine, have certain home ground advantage that Rincon doesn't have..."

Yup! That's for sure, and that was part of the plan.

'Hub & spoke' and 'optionality'

This is surely just the start!

Go for it! I don't see any negatives myself, but maybe some will. From experience though, these things need to be regularly updated, and it's then a question of whether or not you're prepared to do that. Just my brief thoughts.

Thanks Paddy! Yup, the 8.5% TP increase is up from the last note just 17 days ago.

The ASX gold stock has seen an 89% surge in the past 4 months, driven by robust gold and copper output and favorable commodity prices.

The company's transformation from an explorer to a mid-tier producer with successful projects in Western Australia, has enhanced investor confidence.

Analysts expect continued growth, with a potential share price target of $13.00, 40% upside, while the average target is $10.02 (8% upside).

From a quiet entrant on the Australian stock exchange, this ASX gold stock has suddenly found itself in the spotlight. The share price of Greatland Resources Ltd (ASX: GGP) has soared 89% in the past 4 months to $9.27 at the time of writing....

https://www.fool.com.au/2025/12/17/can-this-asx-gold-stock-keep-surging-after-hitting-fresh-highs/

Gold price, not oil!

It looks like the oil price is turning blue again...

Nice retrace back up this morning after the falls. As always, one can never be sure why exactly, with no RNS, but hopefully a sign of something positive with the pending Geo/assay results.

It looks like the following GGP additions too, on the 22nd December:

STOXX International Small-Cap Equity Factor

STOXX Asia/Pacific Small 200

iSTOXX Global Broad Demography

iSTOXX MUTB Global ex Japan Value 600

From what I remember from the Town Hall meeting, Shaun Day pretty much said that, with what's coming from Havieron, and what's likely from growth drilling/mining at Telfer, we won't need it.

STOXX Ltd. announced yesterday the new composition of STOXX Supersector Indices as part of the regular review effective on December 22, 2025.

- STOXX Asia/Pacific 600 Basic Resources - ADDITION

- STOXX Global 1800 Basic Resources - ADDITION

- STOXX Global 1800 ex Europe Basic Resources - ADDITION

PDF File:

https://www.stoxx.com/document/News/2025/December/STOXX_Components_Changes_STOXX_Supersector_Indices_20251215.pdf

https://stoxx.com/