Member Info for Tomat02

https://mobile.twitter.com/kerasplc/status/1032578366333964289/video/1

Shanta Gold: Numis reiterates buy with a target price of 12p

Look what’s happening to gold prices in Venezuela & Turkey.
The dominoes are all starting to fall.
Paper money doesn’t last the course, gold endures.

That’s a nice surprise to end the week - up 10%!
GLA

Me too Graham. It was up 5% when I got the RNS & I was surprised to see it down next time I looked. Guess it’s down to the gold price. I say the gold price, but it’s more ETFs price than actual gold. They trade in hours more than is mined in a year. Crazy situation.

Exactly Silverknight! But the US debt has rocketed up since you last looked - now at $21.3 trillion, and the US debt clock - http://www.usdebtclock.org/ - also shows a $ to gold ratio of $5049 per oz which keeps rising too & shows what gold should be! They cannot just keep on printing money, a reset will come & as you say SK, gold is the only reliable store of value & it will come good

Thanks Chirpy!

For those with less to invest & therefore a possible choice of how to place the investments I thought I’d share some info a new accountant threw at me recently. Hopefully Chirpy can confirm or put us straight! So, investment in an ISA has non-taxable gains & is available to access instantly, but would be added to one’s estate & therefore possibly subject to inheritance tax. On the other hand, investment in a SIPP, also non-taxable gains, but you get just one chance to draw 25% tax free & it then goes into drawdown mode, so you can add to it no more, & further withdrawals are taxable as income, above the prevailing annual tax free figure at the time, BUT it does not get hit by inheritance tax. So, a bit more complicated decision to make!
ps. Grateful for your contributions too Andee - shame we went metric, 90 60 90 not quite so attractive haha.

All this talking is good! We, like Pinecone, hold our Keras shares in SIPPs & ISAs in HL. But the actual shares are all in name of HL Nominees and therefore not actually in our accounts, as it were. So if, as Pinecone made reference, HL work something out with HSBC for dealing the Calidus shares, which will also be in the name of HL Nominees, when/if we want to sell any of our allocated CAI shares HL we assume would arrange sale through eg. HSBC & put the funds in our SIPPs & ISAs just as they do now. What are your thoughts on that?
ps. Pleased to hear Chirpy’s an IFA so has the right kind of mind to help figure this lot out!

Nice write up - https://thewest.com.au/business/public-companies/calidus-expands-golden-footprint-in-pilbara-ng-b88912708z

🤞🏻

Good to see progress at Nayega, awaiting results from the Pilbara any day and this must bode well for Kamina - https://www.bbc.co.uk/news/business-44732847. (Cobalt - the precious metal sparking a new gold rush)

From CAI announcement 20th June
“Klondyke RC resource drill out progressing well, first results due within 4 weeks.” and “I am pleased to report that this resource extension drilling is progressing well and I look forward to announcing these results on a rolling basis over the coming 5 months.”

Daily Mail today reports that the trade war has lifted gold, that private investors
in the US and Europe bought 5 times as much gold in the past week as they did in the last year amid fears of a global trade war. The current dip in the price of gold has brought about a rush to buy.

Daily Mail today reports that the trade war has lifted gold, that private investors in the US and Europe bought 5 times as much gold in the past week as they did in the last year amid fears of a global trade war. The current dip in the price of gold has brought about a rush to buy.

https://www.railsbank.com/single-post/2018/06/01/Railsbank-to-launch-debit-card-issuing-%E2%80%9Cwith-5-lines-of-code%E2%80%9D-at-Money-2020

Railsbank to launch debit card issuing “with 5 lines of code” at Money 20/20.

Railsbank, a leading UK-based open-banking and regtech platform, is to launch debit card issuing at the forthcoming Money 20/20 (Europe) event which takes place in Amsterdam on 4-6 June, 2018.

Our launch customer is Goldbloc Ltd. Goldbloc will use branded cards to allow their customers to spend "gold just like cash" via their Goldbloc debit card.

From RNS 18th Dec 2017 - With the definition of over 500,000 ozs in the indicated category, the trigger for the conversion of Performance A Shares to ordinary shares in Calidus has now been reached. This will result in Keras holding a direct interest of 458,375,000 shares in Calidus. These shares are held in escrow until 22 June 2019, at which time the present intention of Keras is to distribute them to its shareholders.

And yes, Pinecone, Calidus GOLD Resources might help raise these shares to where they should be!

Technology!
If you just go to www.metalsnews.com there’s a link to DR interview at top of page - for now at least!
& yes, Andee, great interview.

http://www.metalsnews.com/Metals+News/MetalsNews/Dr.+Allen+Alper,+PhD+Economic+Geology+and+Petrology,+Columbia+University,+NYC,+US/FEATURED1223873/Interview+with+David+Reeves+Managing+Director+Calidus+Resources+(ASXCAI)+The+Highest+Grade+(Over+Two+Grams)+Open+Pit.htm

Have copied it from a link I sent as a message, which works, worth a try!

I like the depth results - The drilling has confirmed the presence of the Klondyke Main Shear at depths of 500m below surface and intersected high grade mineralisation.

It makes you realise why central banks are stockpiling gold!

Good to see Calidus shares up 5% in Australia today, ahead of drilling results expected soon