Member Info for ToblerRone

Good on yer thedoors

Could be prim buying back in. ?? lmfao

More like 32 p if GDXJ is a goer

Did the same at 12 p for my old Ma but 3 grand and was telling her to put minimum 10 grand. I did get her to purchase another 4 grand at 16p last week though. She’s happy and when NZ is open again she can fly club class with the earnings

Juju seriously though scally will hit in minimum of targets and then black hills will also. EG ain’t finished either especially if POG rises as expected

I would suggest that the new exceptional 10th set of results nails the GDXJ entry as a certainty.

I’m sure they would have had a little call with GH & CB.

Junior mining fund that may or may not include GGP into their portfolio on Friday. 6.6 billion junior mining fund tracker stacker cracker jack

Or double bubble

What about the whisper that they’ve found another ore body under the initial HGZ.

Drilling at depth was the order of the day

Thanks one and all. A very nice lesson in using ones brain. I knew I was being a conical hat wearer but just needed a kick up the rse

Ah TMT thanks I’m forgetting the fund is in USD and our SP is in GBP.

Hydrogen thanks for taking the time to help me get my head around this.

Where does the 6.4 billion come from ? The GDXJ fund is worth 357,200,000 million so 1 % of that fund is 3,572,000 million and say GGP is 18p by Friday they would need to buy 19.8 million shares to get to 1% of the fund. 300 million shares equates roughly to 15 % worth of the GDXJ fund. So I don’t see that amount of buying.

Unless of course I have it all wrong.

Sorry the percentage is not how much of the company the own but is the percentage of how much of the funds worth

In reality how many shares would they purchase. Looking at their holdings there is only 1 company that has double figures on shares held by GDXJ. And that’s at 29 million with less than 1 % of the company.

We have currently 3.794 billion shares in circulation. So 1 % of GGP is 37 million shares . The lowest % they hold in a company is 0.09 and the highest is 6.7.

It will be interesting to see how it turns out.

The AISC for Telfer is what you missed

That’s what the 5% at Fair market value is gonna be for. An absolute master stroke by GH.

Anything above 100 mill is looking likely

If we are inserted into the GDXJ fund then what sort of buying is expected. ?

Shame will have to be happy with GDXJ buying 100-200 million then.

You also need to look at AISC at Telfer which is high but with Havieron feed could get down to 1000 Usd giving a 5 billion dollar return on 10 million oz deposit. 1.5 to GGP so 50 p achievable.

Very basic calcs though. Hit at any other drills or as someone intimidated yesterday Earnest Giles coming back into favour due to high gold price we could see a meteoric rise. Not forgetting the island of Gold ( Tasmania) where we hit pay dirt early in the year.

It’s gonna get jiggy very soon.

Could be buffet buying lmfao