Golden Prospect Precious... Share Discussion Threads

[weyweyumfozo] 22/12/2023 15:50

HUI going well again today.

January/February are more often than not good months for POG. I'm hoping for at least $2,200 by February, with a new floor at $2,080.

bullionvault.com/gold-news/infographics/annual-gold-price-pattern-year

ADVFN doesn't like the link, so close the gap before the b

[papillon] 22/12/2023 13:22

free stock charts from uk.advfn.com


The GPM Ichimoku chart is Strongly Bullish.
Next target is to see the mid price above 30p again and to stay above 30p.

[papillon] 22/12/2023 10:13

It's on the move!

[1hercule] 22/12/2023 08:23

premium paid for 49k

[papillon] 21/12/2023 21:12

John Rubino. He appears to be a popular guy according to the comments

[papillon] 21/12/2023 20:20

Bit of an upwards movement today in the Gold price.

[arbus5000] 21/12/2023 18:14

interesting chart paps ! the recent divergence of the GPM share price is quite remarkeable - as was the outperformance just before dec

[papillon] 21/12/2023 17:25

"Perhaps the best known investor in precious metals, Rick Rule, is, not surprisingly, bullish on gold. In this Q&A format podcast Rick discusses the importance of understanding the different stages of a bull market and the potential opportunities with mining companies. He also emphasizes the need to mitigate risk when investing in junior mining companies."

[papillon] 21/12/2023 17:16

6 months GPM log chart showing it's performance vs GDX & GDXJ. The relative recent underperformance of GPM is undoubtedly due, in large part, to GPM's increasing discount to it's NAV.


free stock charts from uk.advfn.com

[arbus5000] 21/12/2023 16:50

it has done well, and i understand that GPM has trimmed its position in Emerald.

Looks as though the allocation to silver is down a bit too.

from the factsheet:

"Calibre Resources announced a merger with Marathon Gold, combining Calibre’s strong cash generation from Nicaragua with Marathon’s underfunded development project in Canada. A deal that should improve the earnings multiple applied to Calibre’s valuation on reduced geopolitical risk, and de-risk the future pipeline.

The Fund added to Australian gold miners Karora Resources and Ora Banda over the month, whilst trimming Emerald Resources and West African resources."

[papillon] 21/12/2023 16:29

Well GPM picked a good one with ASX:EMR (Emerald Resources) as their largest holding (over 12% of the portfolio according to the latest GPM data sheet).

Here's a link to the ASX:EMR chart

[arbus5000] 21/12/2023 12:52

GDX should be around 25% higher at these gold prices. The GPM discount is around the same so there's potential upside of 50% even if gold does nothing.

latest NAV is at 35.86, a whisker away from the sub price of 35.94

[atlantic57] 20/12/2023 08:47

But everything is lining up for Gold and Silver over the next 24 months. And again, because of the 2021-2022 correction in the sector, a few of our favorite companies still have 10-bagger potential.

I expect Gold to hit $3000 in the next 12 to 18 months and potentially $4000 in the 6 to 12 months after. Silver should move above $50.


The margins for producers and potential margins on undeveloped projects are going to explode higher.

And these are high quality companies with good assets and management teams that have a track record of execution. These aren't companies hoping to luck into a valuable discovery.

Jordan again

[papillon] 19/12/2023 21:20

The IH&S on the Gold price chart that has been forming since the spring of this year is still "active" and gives a target share price of $2400+.
Once Gold starts that journey on the way to that price target then the GPM share price will take off. Investors will FOMO.

[papillon] 19/12/2023 18:50

free stock charts from uk.advfn.com


This Gold price log chart remains strongly bullish and has done since the start of 2023 when the 50 day EMA rose above an already rising 200 day EMA thus forming a strongly bullish "Golden Cross" on the chart

[arbus5000] 19/12/2023 17:44

i did a small buy on HL today at 26.5, no issues with seeing bids/offers but have in the past

[papillon] 19/12/2023 17:27

free stock charts from uk.advfn.com


This Gold price Ichimoku chart is strongly bullish, If it stays this way for the rest of today then the recent high will soon be retested and hopefully surpassed. 🤞

[1hercule] 19/12/2023 17:01

And Thanks Seagreen about your reply re wrlg

[1hercule] 19/12/2023 16:57

Thanks JJ, Im going to put in a complaint.I'm now not inclined to up my holding anymore as I'll be shafted in any crash scenario. Currently have just shy of 200k

[jester jim] 19/12/2023 16:29

I have the same issue with Aj Bell. Up until a few months ago you could trade via 'at best' but now they only seem to deal with trades having a limit price.

[papillon] 19/12/2023 15:39

Both Gold and Silver now showing good rises on the day. The GPM sellers today could soon regret their decision.

[1hercule] 19/12/2023 15:25

AJ Bell are really starting to annoy me.
No quote either way for 100 shares.
my limit order for 27p not filled.
Can some non aj bell users confirm whether they can get quotes for either way?

[papillon] 19/12/2023 14:08

Lots of trades so far today. Sells (mostly small) earlier, but now more buys.

[papillon] 19/12/2023 13:59

A Gold cylinder was used in this successful fusion experiment.

[arlington chetwynd talbott] 19/12/2023 12:33

Very strange indeed - has anything happened in the underlying investments in the last day or two that we have missed?