Member Info for wiltshireman

and price inflation is on the horizon as supply and demand reverse and the pound stays on the floor.

means in shorter term some debt relief to keep business and jobs afloat. Assuming covid will still be with us through the summer (and that is by no means sure) longer term government debt and effective devaluation of currencies by 'printing money' and we all know where that ultimately leads. Inflation pure and simple, too much money chasing too few goods. Inevitable given escalating supply problems.

As consumer goods and food supply shortages develop prices will rise and inflation will rise. This virus panic isn't a 7 day wonder so the gold price potential rise is really significant. Deflation is not the danger now, its inflation.

I keep saying AIM is an online betting site but no one will listen. Its all driven by sentiment and auto trading anyway

In your dreams where have I heard this sort of stuff before? This is AIM, your online betting shop.

For example
15.7m @ 9.8g/t Au, 0.61% Cu from 572.3m
WOW!

https://www.brrmedia.co.uk/broadcasts/5e660c5e9672d83b98777a42/greatland-gold-interim-results-interview

No problems, strong position financially £6m plus

Well capitalised to push forward with Paterson exploration programmes in 2020 with cash and cash equivalents in excess of £4 million at 31 December 2019

We can all relax till the next 'end of the world' scenario which can only be good for gold anyway

Despite many years of gold being underrated during which the US dollar was for a time a 'safe haven' just on the basis of a finite quantity of gold being available once demand outstrips supply it is inevitable that gold price will 'go through the roof' . Whether this will happen as a result of coronavirus is debatable. Once confidence goes out of currencies and the global economy it is inevitable that gold price will continue upwards. Still a gamble even at these prices but becoming less and less as panic spreads.

no b****y bread either

in th.e mainstream news so we can look forward to more punters onboard. Especially if they do their research properly.

8 drill rigs in operation at Havieron, up from 6 rigs previously.

This means that there should be even more drill results flowing and with almost record gold prices GGP will be the share to own.

For those interested POG is also another (mainly) gold share which is doing OK right now. Have invested in it on and off for many years in the last gold boom I all told lost a lot of money on it. It looks a pretty lively recovery prospect now but anything connected to Russia and their politics no longer appeals to me now but worth a punt for the brave especially given the 'POG'
I'll stick to GGP as at least in Aussieland there is little chance of some shady oligarch cheating you out of your money.

But over 2000 trades and heading upwards is probably the best AIM share I have been in and that speaks volumes to me. Especially when newsflow promises to be steady and Newcrest are drilling like crazy and its costing the company nothing !

Incredibly active not far off 1000 so far today

https://www.proactiveinvestors.co.uk/companies/news/912976/do-recent-strong-share-price-moves-from-londons-junior-miners-herald-a-return-to-the-good-times-912976.html

This is a good starting point

These plus all that's gone before is not a bad starting point. Tells is like it is rather than a pure and over simplified ramp.

https://www.proactiveinvestors.co.uk/companies/news/912958/greatland-gold-becomes-a-50-bagger-as-the-upside-at-havieron-keeps-on-coming-912958.html

https://miningmaven.com/blog/1009-the-elephant-in-the-room-how-large-could-greatland-gold-and-newcrest-mining-s-havieron-project-be-ggp-ncm

https://www.proactiveinvestors.co.uk/companies/news/912958/greatland-gold-becomes-a-50-bagger-as-the-upside-at-havieron-keeps-on-coming-912958.html

The maiden resources discovered are way over the present value of the company anyway just confirming what we should know anyway.

It was nothing, a bit like roulette , nothing well done about it.