Golden Prospect Precious... Share Discussion Threads

[papillon] 11/12/2024 23:01

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6 month GPM chart. RSI rising and MACD looking promising. End of October high to be tested and soon? Here's hoping! 🤞🤞

[papillon] 11/12/2024 13:11

"Writer and analyst David Morgan, founder of The Morgan Report, is a believer in an honest monetary system that fosters freedom and stability."

[bitgold] 11/12/2024 04:35

CYN is certainly a great share to chart and I seem capable of being a lot more logical about when to sell than I am with GPM, as shown back in 2021.

I’m amazed this one hasn’t responded yet to market moves the way the ETFs have, but ora Banda is up 10% at time of writing, so let’s see how it looks later today.

[papillon] 11/12/2024 00:32

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6 month comparison chart. GDX vs GDXJ & GPM.

[papillon] 11/12/2024 00:20

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GOLD chart. GOLD price needs to make a new high. It needs to get above the all-time high of late October That would be bullish.

[papillon] 10/12/2024 19:36

With the benefit of hindsight, arbus5000, it would have been worthwhile hanging onto your GGP shares. I only refrained from buying GGP because I no longer buy shares apart from an investment trust like GPM. I could buy GCL & CYN in future if their charts seem inviting.

[arbus5000] 10/12/2024 17:04

agreed pap - greatland gold was a good investment by GPM. I sold my greatland shares when it transpired that GPM had bought them at 4.8p

[papillon] 10/12/2024 15:34

Well the latest NAV for GPM is 47.89p and the GOLD price is rising again today, but the MM's are still quoting the same 36p - 38p spread!

PS somebody sold 35,000 shares this morning. I wonder why? Boredom? 🤣

[papillon] 10/12/2024 14:01

GOLD price is edging up towards the psychological $2700 again.

PS liberace pickles mum (the Gold collector) must be pleased! 🤣🤣

[papillon] 10/12/2024 13:50

👍 different world.


"Greatland Gold (GGP) has announced completion of full ownership interests in the Havieron gold-copper project and the Telfer gold-copper mine from Newmont and first gold poured under its ownership at Telfer."

GPM invested in the GGP placing to raise £248.6m, back in September, when GGP bought out Newmont. Placing price was 4.8p and todays price is currently 7.6p. Good investment, so far, by GPM.

PS the GGP chart looking good. I was tempted to buy GGP shares recently, but resisted the temptation.

[different world] 10/12/2024 10:19

Morning Pap - you can catch the debt doom loop video on YouTube - well worth a watch.

Makes total sense actually. Both gold and BTC are heading towards massive peaks as there is a big underluying shortage now of both.

[papillon] 09/12/2024 23:27

Good article; well worth reading.

[papillon] 09/12/2024 19:08

This guy puts Lawrence Lepard to shame! He's predicting $36k GOLD! He's obviously been studying the Macrotrends 100 year inflation linked GOLD log chart and my target price from the 44 year Cup & Handle pattern that formed earlier this year on this Macrotrends chart! 🤣🤣

[papillon] 09/12/2024 18:52

"A more recent Lawrence Lepard video: Big print coming - fully expect $5k Gold and $200k BTC"

[papillon] 09/12/2024 18:39

"Video: The Debt Doom Loop and the New Era of $4K Gold, $100 Silver, & 200K Bitcoin"



"Investor Lawrence Lepard makes some massive calls."

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

I haven't watched the video, but I suspect that Lawrence Lepard has been looking at my log charts and target prices! 🤣🤣

[papillon] 09/12/2024 17:28

GPM closed up 2.07%, whereas GDXJ closed up 5.27%

[kickingking] 09/12/2024 15:12

Strange thing to say, people sell for many different reasons. Maybe they sold and bought into another company that has risen more since.

[m24xp] 09/12/2024 14:57

Wow, at least 3 of our stocks up 9-10%+ already!

Those 36p subs not looking so bad now :)

[12strings] 09/12/2024 14:48

So with Papillon's link to other PM price sensitive factors, we might just see the PM miners start to break free. I also hope that the GPM portfolio being so small, it won't take a shed load of buying to raise the share price significantly. 0.25 up - could this be the beginning of a happy new year for GPM? !!!

[m24xp] 09/12/2024 14:44

38.5p to buy in any quantity now. Wouldn't like to be one of those people bizarrely selling at 35p last week, today!

[12strings] 09/12/2024 14:39

Significant moves up in both gold and silver today. Methinks Trump's warnings to any country that supports a BRICS currency have brought the BRICS proposal for a periodic inter-country trade-settlement "currency", BACKED BY GOLD, to centre stage.Personally I think he shot from the hip and will be heavily criticised for exposing what the BRICS have already successfully piloted

[papillon] 09/12/2024 14:32

"Solid price gains for gold, silver after busy news weekend"

[arbus5000] 09/12/2024 12:27

Small top-up this morning with the discount still at 25%.

I wouldn't object if gpm used the subs proceeds to invest in silver or PGMs, both are undervalued wrt gold at the moment.

[bitgold] 09/12/2024 11:19

Platinum also having a little kick up today, along with silver. I hope GPM are deploying more into this area, as on the long term chart Platinum has massively lagged gold - all of my life, it's been drilled in that Platinum is more expensive than gold, but now it's close to a third of the value.