Member Info for TimberTrader

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He's already run out of them!

GLA

Tom +1

NW step out's!

@ daveri007 "I thought gold explorers made a profit on day one of huge find! Oh well off to chase rainbows elsewhere lol."

After that comment it's probably best you do too!

Maybe you need to seek a financial advisor?

Take care, TT

A gold price seemingly intent on breaking the US$2,000 an ounce barrier continues to provide investors with encouragement to mine a rich seam of London market opportunities.

Today's big riser was Altus Strategies (LSE:ALS), whose shares jumped as much as 164% this morning to a high of 82p after it announced a positive economic assessment for its 100% owned Diba gold project in western Mali. Altus said it believed it had only “scratched the surface” in terms of Diba's potential.

But it's not just AIM-listed stocks such as Altus and other more speculative plays that are offering favourable exposure to the yellow metal, with £8 billion-rated Polymetal International (LSE:POLY) and Petropavlovsk (LSE:POG) among the best-performing larger cap stocks so far this year.

Another stock attracting significant attention in recent months has been Greatland Gold (LSE:GGP), which has four main projects in Western Australia and two in Tasmania. Its shares were up another 8% today and have risen 700% so far this year as investors continue to see the potential for its Paterson exploration licences in a region it describes as “exciting and highly prospective”.

The share price gains have been aided by a gold price that's now at a nine-year high of around $1,866 an ounce. Alongside a flight from risk due to a recent surge in the number of coronavirus cases, investors also turned to gold after Tuesday's breakthrough on European stimulus efforts heightened the prospect that real interest rates will go even lower.

https://www.ii.co.uk/analysis-commentary/gold-boom-why-altus-strategies-rose-164-today-ii512460

Just wanted to add another one....No replies expected...Disappears with most about nothng... ; GLA

IMHO, it's not a 'normal/similar' pre-exploration report rally we're seeing here. It's significantly larger. I welcome any proof that differs from that view...

GLA

We're currently up to almost 70 Million GGP trades, so anything is possible at close, IMHO.

It's only 2:30 so some time to go yet! GLA

I have 15p bid now.

So, do some people still believe that this is a 'normal' pre quarterly/interim exploration report heading north? Just wondering.

15p HIT...

Enjoy!

A common situation when most people just don't get it. I have four siblings and only discuss my GGP holdings with my brother. He totally understands what situation I'm in currently, together with a load of other poster's on this forum are in currently, many of which started investing in GGP well below 1p.

For some this is life changing, and I wish everyone good luck, whatever your holding and when bought!

https://twitter.com/DavidLenigas/status/1280771344544796674

OK, firstly, no big fan of his, but he said on the 8th July, "Looking forward to seeing the Greatland Gold action in London leading up to the next GGP and @NewcrestMining update on the Havieron gold discovery on the 23rd. This is going to be very interesting. By guess is a run up to the 23rd and may even see 20p."

I never did, and I can't see it now, but I'll give the guy a mention for at least indicating the increasing direction of travel in the GGP sp we're seeing now!

GLA

As I see it today, trading is similar to yesterday, so far.

So, when will the biggest push north come?

Will it be similar to yesterday, towards the close of play, or will it come earlier....get your crystal balls out! GLA

With respect, what compelling evidence do you have that it's into those figures, above what's been reported so far?

@ aquazi It may be like clockwork, as we've seen before, but, IMHO, the clock is clearly running very fast this time! GLA