Golden Prospect Precious... Share Discussion Threads

[toffeeman] 21/9/2020 10:53

If the markets are going down for a second wave, I see no reason why PMs won't get pulled back due to margin calls as they were in March. If so then GPM and GPSS will follow suit and the question will they recover quickly?

[noirua] 21/9/2020 10:13

Some may be very concerned with time down to about 10 weeks before judgement day demand for 46.14p required to be put in or lose the lot. Hopefully this worry will throw up an opportunity.
Presently GPM are at 66p bid and minus 46.14p throws up 19.86p for GPSS as fair value IMHO and we must wait and see. Bring out those worry beads, sit on the floor, and mumble away to pass the time if it all gets at you.

[noirua] 18/9/2020 17:29

Last trade of the day at 18p for 60,094 shares.

[noirua] 11/9/2020 09:52

Hopefully the £ will continue tracking down and this will help holders of GPSS and GPM as well as making exports cheaper and helping UK companies. I'm expecting any small recoveries in the £ to gradually wane until the path down to $1.20 is reached.

[noirua] 10/9/2020 15:34

The £ is falling once more against the US$, C$ and A$ that is just fine. Gold/Silver shares are up as of posting by 2.5% after yesterdays 4% rise.

[noirua] 10/9/2020 09:51

Gold and silver now trying to get past and consolidate over $1,950 and $27. If it happens a move closer to $2,000 and $30 should be attempted soon after. Silver is finding it difficult to decouple from gold. When it does we may see $40 not that long after.

[noirua] 10/9/2020 09:32

Strong performance in gold and silver stocks last evening across the pond averaged 4.5%. In Australia the shares were up a little. The stronger Aussie$ will impact profits.

[noirua] 09/9/2020 21:37

Michael Oliver: Silver Will Crush Gold
28 August

[noirua] 08/9/2020 22:33

Gold and silver shares in USA and Canada are all over the shop but negative as of posting. £ is weak down 1.3% and that is helping.

[noirua] 08/9/2020 17:11

Evil Knieval at Play:
8 September

[noirua] 08/9/2020 08:55

Hopefully the £sterling will fall back to US$1.28 and add value to the NAV of GPM.

[noirua] 08/9/2020 08:34

Evil Knieval at Play:
4 September

[noirua] 07/9/2020 12:00

Australian gold and silver shares appear to have ignored the downdraft in Canada and America. The £ is weaker.

[noirua] 02/9/2020 11:40

Evil Knieval at Play:
1 September

[noirua] 01/9/2020 11:24

Silver is close to $29 and may get past $30 before gold reaches $2000 again. Shares up again on NYSE Pre-Market.

[noirua] 31/8/2020 16:06

Hopefully this slower attempt to get back over $2,000 for gold and $29/$30 for silver is going to be more successful. If the present gold price makes it to these levels by the opening on Tuesday GPSS could rise from 17p to over 20p.

[phoebusav] 27/8/2020 21:04

Silver and gold both recovered yesterday's losses.

[noirua] 27/8/2020 16:59

GPSS mentioned.


Fortunately I've had no problem buying GPSS with my brokers. I did fill a form in some time back and answered questions appropriately so complex issues were covered.
On Tesla: The company is very much involved in America, Canada and Europe with these companies leasing their cars including supplying and fitting charging points in peoples garages via electricity companies such as EDF. The solar panels outfit from Tesla are also expanding in these countries.
Apple & Tesla Stock Split Scheduled For August 31.

[noirua] 27/8/2020 14:30

Gold and silver shares takeoff then ducking and diving like a bucking bronco in USA as gold moves violently. Share indexes firm in most countries but forecasts of a major collapse are building.

[phoebusav] 26/8/2020 16:25

Fed Jackson Hole meeting tomorrow and Friday though so PMs could go anywhere in a big way, rocket or crash. Good luck guessing correctly. Today's rally could just be a headfake before they stick the boot in. Hard to tell.

[noirua] 26/8/2020 15:49

All gold and silver companies in Canada and USA swung sharply into plus territory...

[steve73] 26/8/2020 03:11

750k - that's just under 3% of all the subs in issue... must have been a rollover or the price would have doubled (or halved)..!

[greenrichard] 25/8/2020 20:04

I think that he two 750,000 trades was a rollover. However, there was an effect as GPSS up on a meh day from PM