Golden Prospect Precious... Share Discussion Threads

[tykethat] 07/12/2018 15:36

My life would be so much better if I had never heard the words "Golden" and "prospects."
Never have two words been joined so incorrectly!!!

[brassgemini] 07/12/2018 15:01

I agree why has the NAV slipped so much.....very troubling and thinking of bailing at least part of my position

[spectoacc] 07/12/2018 14:39

A port in a storm, when markets are volatile. No, wait - NAV slips under 24p, despite weak £, despite reasonable gold. PoS.

[brassgemini] 29/11/2018 16:36

37k shares at 16.5.....WTF

[dogberry202000] 29/11/2018 16:25

PM shares along with other commodities are still bottoming and it may take another week or two for this to complete. Several underlying holdings of GPM are mostly at or around their lows for the year. I see it as a bargain here that will do well from early next year. It's worth looking at a long term chart to see what happened when GPM last touched these lows in late 2008 and 2015.

Looks like capitulation today. And tomorrow?

[stevieweebie2] 29/11/2018 16:22

BrassPlz tell me when you find out. Sat on decent losses for the last 3yrs now and still waiting lol.

[brassgemini] 29/11/2018 15:09

17.5k shares at 18.05...when is this going to bottom !

[brassgemini] 21/11/2018 14:06

Volume is very low despite the high volatility off the last couple of days :-(

[brassgemini] 17/11/2018 10:15

Thanks dogberry.....Im holding my 35,000 shares ...Im an optimist even if every time I read this thread its a bit like listening to 3 wheels on my wagon

[dogberry202000] 13/11/2018 17:18

What usually happens with gold and silver is that the great majority always get it wrong. There's a large number of people who think gold will fall to $1140 and some think it will go lower than that. Very few think we are around the bottom with an undercut in the miners here. There's some work left to do with the GPM share price before Christmas but there's no reason to dismiss several weeks consolidation around here and a good rise across the sector and GPM's holdings after that.

The Dollar is key. The big funds have exploited concerns over Brexit and and other issues within the EU. The trade wars have been an added factor. You either think the Dollar will gain strength or begin to fall around here. i think the Dollar is flaming out here,

[brucie5] 13/11/2018 10:42

Well from a chart perspective this looks like the bottom again - so not a time to be selling. But who knows. I've just got rid of my HOC holding, though it's a quality company, because the chart is suggestive of lower, and it's been much lower before. I also hold FRES, and of course, GPM.


Someone posted a link on HOC bb. suggesting that pms would fall much lower. It's always been a guessing game as to where capitulation lies. Jim Rogers is a secular bull, but says he can't tell over what time scale.

[brassgemini] 13/11/2018 10:28

Anyone tapping out? Now below 20p :-(

[brucie5] 12/11/2018 10:39

Looks like another bounce of 20p. This may yet be some time. Need the patience of Jim Rogers to see this through.

[brucie5] 02/11/2018 07:19

Patience required. This is should be an excellent hedge to broader market and still appears in recovery, and at a steep discount. I also hold fres and hoc, which make interesting comparators. Not for short term traders imo.

[dogberry202000] 01/11/2018 15:36

Gold and silver will have their day and so will GPM. There may be a bit of back and forth over the next month or so. It's a great price down here with so many major holdings at their lows.

[weyweyumfozo] 01/11/2018 15:28

I admit to becoming put off by the HUI fallback, and bored with the lack of volume in GPM and selling to add some BMN yesterday. Although POG has recovered today - NFP are tomorrow, which can affect POG. We might get a better idea of direction next week - but then there are the US midterms!

[brassgemini] 01/11/2018 14:55

So...has our little rally ended in despair ?

[brucie5] 28/10/2018 14:55

Fair enough. Though personally I think it could just be under starter's orders.

[brucie5] 28/10/2018 14:55

Michael Oliver is interesting, but needs to be taken with a pinch of salt.

[ntv] 28/10/2018 09:31

sold 23.1p average
pleased with a quick profit
still holding RRS and AAZ

[brucie5] 26/10/2018 15:42

I spoke to Craig yesterday. Always impressed by the way he's willing to talk to investors. I've been buying since, also FRES.

[stevieweebie2] 26/10/2018 15:39

looks like the 50d is about to turn up, which would be nice.

[weyweyumfozo] 26/10/2018 15:32

Interim Report:

[llef] 25/10/2018 18:59

On topic, recent move in nav here is very small compared to move in USA junior gold miners. (Tho USA junior down 3% so far today). Not sure their stock picking is all it could be.their biggest holding is 8% in West African resources. Sp is 28cents, near enough at year low, so no bounce from recent gold move