Golden Prospect Precious... Share Discussion Threads

[papillon] 16/9/2020 12:18

I had a very small top up yesterday. Shame I didn't buy more!

[noirua] 16/9/2020 11:31

Get ready for new records; gold, commodities in ‘sweet spot’ – Frank Holmes
September 14

[podgyted] 16/9/2020 10:01

My estimate of NAV for yesterday to be published today is 78.5p gross and 67.7p diluted. Little impact on ASX trading today.

[brassgemini] 16/9/2020 09:19

Volume is very low

[steve73] 16/9/2020 08:43

My estimate is that the NAV was up yesterday another 1p or thereabouts, which the share price has already reacted to.... This puts the subs at an even better option (but with the large spread, only if you intend to convert).

[steve73] 15/9/2020 14:08

Currently you can buy Subs for 16.9, so on payment of the 46.14 conversion, you'll get the M's for c. 63p. Or you can buy the M's now for 65.2p

[greenrichard] 15/9/2020 13:53

GPSS more realistically would be tracking the diluted NAV minus 46.14p

Current diluted NAV 66.48 - 46.14p = 20.34p

So GPSS still trading at a discount currently. Should be 19p-21p

10 weeks until expiry

[noirua] 15/9/2020 12:55

3-Day Silver chart:
3-Day Gold chart:

[noirua] 15/9/2020 11:41

The gold chart is looking a lot stronger and pre-market gold shares up again across the board on NYSE NASDAQ and AMEX. Looking for an NAV around 80p by the end of the week. As GPSS gets nearer to 30 November there will probably be less wanting to take a risk and the spread set to remain wide. At 80p NAV for GPM, GPSS may go to 20p bid 25p offer.

[podgyted] 15/9/2020 11:15

Strange.

Now they've moved back into value territory no-one wants them.

Estimated diluted NAV to be reported today 66.3p - impact of Oz this morning takes it up to 67.2p which looks like a high for the year - would expect NA this afternoon to be at least flat.

[noirua] 15/9/2020 09:38

Three of GPM's holding were up between 8% and 10%. ASX:SLR 8.7%, ASX:WAF 8% and TSX:PVG 9.3%.

[stevieweebie2] 15/9/2020 06:58

YesUp day for sure I think , great articlehttps://www.thetechnicaltraders.com/its-go-time-for-gold-next-stop-2250/

[steve73] 15/9/2020 04:10

A great day yesterday for our TSX shares, and ASX looking good this morning also.

I'm estimating the NAV will be up around 1.5p when reported later today, which should see a rise in the share price both here and the subs.

Be quick if you're thinking of adding...!

NAI, & DYOR of course. GL to all holders.

[steve73] 15/9/2020 04:10

Sorry double post - bouncy mouse..!!

[noirua] 14/9/2020 16:32

Gold and silver attempting yet another sharp breakout.

[ultrasharp] 14/9/2020 15:25

Seem to be going up in tandem with the DOW and S&P 500, Noirua.

[noirua] 14/9/2020 15:19

Gold and silver shares sharply up in the states going out to 12%. Hopefully this latest attempt of gold to break upwards will hold.

[different world] 11/9/2020 22:49

Weekly average gold price w/e Sep 11 - $1943.25, up $2.50 from last week.

It's the AVERAGE that counts.

Nothing else.

[stevieweebie2] 10/9/2020 15:37

Strange time for so many sells, even if small volume, been strong recently.

[steve73] 10/9/2020 02:27

A much better day yesterday for all our stocks... I'm sure you saw Pure - up 16% on LSE.

Overall I'm estimating our NAV should be up around 1p to c. 64.

With no change to our share price we're getting pretty close to NAV (diluted), and with the subs increasing a little yesterday, that has closed their discount a little more than it has been of late.

The playing field is getting leveled perhaps ready for the next run up... but obviously that will depend on Gold & silver prices, or the strength of the underlying fiat currencies.. Be careful of what you wish for..!

[noirua] 09/9/2020 15:07

Gold and silver attempting yet another sharp breakout.