Golden Prospect Precious... Share Discussion Threads

[ohisay] 19/5/2018 05:25

Yes - but I still keep the faith in the light of fundamentals still being good.


And I treat it as a hedge too if its any consolation.

[stevieweebie2] 17/5/2018 13:07

This has been a brutal investment to hold for the last few years, I know its a hedge and my pension is no doubt soaring but wow, how to have money eroded.

[steve73] 16/5/2018 06:40

Mondays NAV was 38.66... cf. 29.9 closing on Tuesday.. that's now almost 30% discount.

[ohisay] 11/5/2018 16:45

NAV 39p - market price is now the biggest discount to Nav - almost 25% - for months if not years.

[rougepierre] 23/4/2018 08:40

Hi. Don't know anything about it I'm afraid but GYM is now an absolute steal...NAV38p can buy under 30.5!!!

[mpclag] 20/4/2018 07:23

Rougepierre-I would be very interested on your take on Griffin Mining-can let me know on that thread-TY

[rougepierre] 19/4/2018 11:08

Very good point...I'm also holding First Majestic and Lumina Gold...

[cl1nt1] 18/4/2018 18:37

That nav doesnt include todays rises either.

[rougepierre] 18/4/2018 16:52

very strong silver today...short squeeze?

NAV today represents a 21.5% uplift on the closing price...ridiculous...

the last time silver was at this price GPM was 12% higher than today...

Beautiful 'cup and handle' forming in the silver price...Gold/silver ratio already falling (below 80 now)...much further to go...

If silver drags gold with it, we're off to the races because gold/silver miners are very depressed relative to precious metals prices and every dollar rise adds a dollar directly to the bottom line...

AIMHO as usual...

[cl1nt1] 18/4/2018 12:32

PM Miners on fire today. This time I hesitate to say feels different from all those other false dawns in the PMs

[rougepierre] 18/4/2018 11:34

Silver is breaking out and there are at least four major players in this portfolio...

[cl1nt1] 18/4/2018 09:35

Miners seemed to have turned so I have bought a few more.

[rougepierre] 16/4/2018 15:56

15k 15k ad 20k today are all my buys...between 30.25 and 30.295...

Massive discount to today's NAV of 36.1p...

Silver at highest for 2 months...bashing on the door of a 10 week high and then we're off to the races...

Will JPM let it go this time...?

[dogberry202000] 08/4/2018 13:17

Cots crazy bullish in silver. Best set up "since records began in 1987" Daily Gold.
GPM has several silver miner holdings.

[stevieweebie2] 05/4/2018 16:01

Nav little changed why the sell off ?

[ohisay] 27/2/2018 02:03

To recap, gold companies are seeing a stable AISC, drastic improvements in balance sheets, growing cash flow and expanding margins. Yet the HUI is nearing double bottom territory and almost 40% below its 2016 peak, while GLD is less than 5% away from hitting new multi-year highs.

At this point, the risk/reward is far more attractive in the gold stocks compared to GLD. GLD just isn't appealing right now.

[dogberry202000] 14/2/2018 16:42

Just hold on. Things will come right, here. It's been the same with all the PM complex. The second half of this year is likely to be a good one. Patience is required and a three to five year outlook is what I've always held. BTW the volume since January has been exceptional. Things are changing here and the underlying shares should enable that change this year and next. The moving averages are also converging and this should lead to volatility in the share price.

[stevieweebie2] 13/2/2018 12:37

me too BD
Ive 3 years without profit, no divvy, need 43 just to B/E and 3% inflation aint helping, its not been a good invetment.