Golden Prospect Precious... Share Discussion Threads

[keya5000] 13/8/2019 11:11

Why could you not buy them. It’s not like they are that hard to buy.

[bmnsa] 13/8/2019 10:56

I'm still a buyer
Only going one way:)

[stampylong trader] 13/8/2019 10:54

Not happy with this one - I tried to buy these around 20p (see further up the thread), but no volume out there. These might as well go to £5 now! Well done to all that managed to acquire these at the low, in volume.

[robo21] 13/8/2019 10:51

Shrewd punters working out what the NAV is going
To be this am.

[keya5000] 13/8/2019 08:53

Massive issues all over the world.

Can see $1700 gold this year.

That should put this at £1.40 or so.

[au24] 13/8/2019 08:32

Going up like a rocket now

[keya5000] 13/8/2019 08:05

Gold 1523.

A few of the stocks look to have paused for a bit of profit taking but that should only lead to larger gains in the coming days.

[bmnsa] 12/8/2019 20:06

Cardinal Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Ghana. It primarily explores for gold deposits. The company’s principal project is Namdini Gold project located in the Bolgatanga region. Cardinal Resources Limited was incorporated in 2010 is based in West Perth, Australia.

TSX: CDV.TO 0.45 (0.08 21.62%)

[au24] 12/8/2019 19:37

Added again todayCan't stop lovin you

[keya5000] 12/8/2019 19:31

Check out Cardinal Resources.

TSX:CDV

One of the larger holdings.

Flying. 20% up.

[creme de menthe] 12/8/2019 18:01

Gold futures at $1517
Looks like another good week ahead for gold.
Not so for the general stock market.

[creme de menthe] 12/8/2019 12:53

SPGP is my largest gold holding up around 50% since may although I hold other gold funds including GPM.
Safety is key and I don't fancy negative (or low) bond.

[robo21] 12/8/2019 12:35

This is my favourite gold play at the moment
I don’t see it as a negative if a larger holder is
Feeding this rise.
At 1500 dollar gold this is only going up ...

[stevieweebie2] 12/8/2019 12:26

YepI noticed that robo

[robo21] 12/8/2019 10:46

Ruffs llp appears to be reducing?.

[bmnsa] 12/8/2019 10:27

My only question is

Why didn't I add more last week.

Together with AAZ doing very nicely

[keya5000] 12/8/2019 09:47

Don’t think so

[robo21] 12/8/2019 09:13

I suspect a big seller in the background!!!

[davebowler] 11/8/2019 11:30

Interesting and well thought out commentary on Silver in that article Skidaddle, thanks-
See page 2 -

''Next, we would like to turn to the gold-silver ratio. Since the US government ended the dollar’s
gold peg back in 1971, the relationship between gold and silver has exhibited certain predictable patterns. In precious metal bull markets, the gold-silver ratio usually contracts as the
price of silver rises faster than the price of gold. On the other hand, during severe bear
markets, the ratio expands as the price of silver falls faster than the price of gold. Since 1971,
there have been five times when the gold-silver ratio has surpassed 80:1 (i.e., an ounce of
gold buys 80 ounces of silver), and in four of those instances, it paid to accumulate significant positions in both metals. Last week, the gold-silver ratio hit 93:1--the second highest
reading ever.''

Also page 32

Silver ETFs have also begun been rapidly accumulating metal. Over the last two years,
physical silver ETFs have seen little in the way of investor interest. Over the last 18 months,
they have actually shed 500 tonnes representing about 3% of their total holdings. The lack
of silver investment interest added further confirmation that we were still in a corrective
phase in precious metal markets. However, starting in June, silver ETFs have gone on a binge.
Over the last seven weeks, they have added over 1,550 tonnes, an increase of 10%.
If this is truly the beginning of the great precious metals bull market, we should start to see
aggressive purchasing of silver. We will carefully monitor the behavior of silver accumulation going forward. If it persists, it will be further proof that a new gold market has indeed
begun.
We now recommend all investors have a full allocation to precious metal investments in
their portfolios.

[skidaddle] 11/8/2019 10:24

This is a very interesting essay (but long).

[chrisis33] 11/8/2019 07:13

Thanks GreenRichard.

[greenrichard] 10/8/2019 18:35

The subscription shares give you the right to buy GPM shares at 42.3p on last business day in November 2019 or 46. 14p on last business day of November 2020. You have to take into account the cost of the subscription shares in your total outlay.

[chrisis33] 10/8/2019 18:16

Does anyone know how the leverage works with GPSS to GPM ?

[steve73] 10/8/2019 15:48

Anyone wanting to buy a larger quantity should put in a limit order at the same price as the quote you get for a smaller size... And hopefully it'll get filled.

I wanted some of the GPSS on Friday... quote limit was pathetic - I think 5k shares, but I put in a limit order for many more than this but at the same price as the smaller quote, and it got filled within about 10 minutes... although the order did get "suspended" during that period (whatever that means, but it wouldn't let me cancel it...)