Greatland Gold Share Discussion Threads

[alangriffbang] 07/4/2024 09:04

now we are in trouble looks like the four trolls have moved across here time to get the filter button working everybody ,

[rose_by_another_name] 07/4/2024 07:13

You don't "suffer", alan. You have already filtered
TheApiarist's posts, or say you have, and mine as well,
so your reactions to them are uninformed spasms.

[alangriffbang] 06/4/2024 19:14

nt12 good for you you won’t be the first he’s just lost money on SHA now we’ve got to suffer him on here , beware of his friend phillis who is as bad as him ,good luck,

[theapiarist] 06/4/2024 19:06

Would that be the first plonker or the second, ntl2?

[ntl2] 06/4/2024 18:08

I am going to report this individual for being offensive.

[iceagefarmer] 06/4/2024 12:47

i am you plonker

[theapiarist] 06/4/2024 12:07

iceagefarmer.

If you think that gold will reach $5000 within the next 9 months then buy stock in a company that actually mines the stuff !!

[iceagefarmer] 06/4/2024 09:30

gold will reach $5000 this year..what price greatland then boys?

[hydrogen1] 06/4/2024 08:32

So gold Closed within a whisker of $2350, will it fly again Sunday night when Asia returns?It's moved up fast from $1800 hey? Given the past 3 years consolidation period. Faster than you think. This situation is now a blistering blink and you miss it. Gold stocks won't remain cheap for long. Newmont is up 30% since that horrendous broker downgrade. Says it all.CRITICALLY though - According to Andrew McGuire - the Fed still to close its gold short too... it Will be forced to close now over the next few weeks, I suspect.Other Central bank buying, globally, this past quarter has been progressive and overwhelming. This explains the "stair step up" pattern in gold. (Ie no pullbacks) These banks want gold higher; they have bought enough gold under $2000 which is stashed to support their sovereign currencies, so now they care less about what they pay going forward (and as we've heard it's now as much about the de-dollarisation process as anything else - I first said around a year ago the US treasury was losing its status as the global pristine reserve asset in think this is shocking and real ).The previous long standing inverse dollar - gold price correlation has totally broken down. Dollar and gold are rising together.I think that now means $2000 gold is a figment of history. Forever. The ongoing "exchange for physical" gold process is a real thing; and it is being used by foreign actors to "drain the comex" and thus drive price. Today The physical market is wagging the tale of the comex dog ( for the first time in 20-odd years ).Meanwhile - Inflation is still a thing. That the poor get to eat: Tea was up 35% in a day last week: consequently, China and BRICS nations will force negative real interest rates upon the US - via commodities and oil - creating a virtuous up cycle for gold.India bought a tonne of gold in January. Another virtuous cycle is that De-dollarisation = printing of more dollars. (Needed to cover the huge US debts and trade deficits) which means even less incentive to hold dollars or $ denominated debt instruments.So Q1 has seen a whopping increase in the price of gold. Largely ignored by the mainstream (albeit a few outlets have commented in bewilderment -they still say gold is a bad investment as it doesn't pay interest- we'll true but it doesn't fall in value due to rampant inflation either)In other words - the 'pent up' inflation in gold is starting to play out.The Same central bank tactic for Q1 will be induced this 2nd quarter. Insiders say very large Central bank bids are sat at around $2200. This (by design) catches out any US paper shorts. The once that were smashing gold previously!Thus any US CTA paper short sells = are subsequently being converted and delivered as cheap physical bullion to the foreign banks.This is Basil 3 in action. Insiders saying to mcguire it should continue to create a roughly $3000 gold floor.This is the Gold revaluation essentially underway. Gold stocks are still extremely cheap - but for how long?We talked about Basil 3 changing everything in the gold space- now you witness it ring side / this past 3 months.Looks like the gold bugs were right.. Eh?Either that or gold is sniffing a massive GFC type event.

[hydrogen1] 06/4/2024 08:27

So gold Closed within a whisker of $2350, will it fly again Sunday night when Asia returns?It's moved up fast from $1800 hey? Given the past 3 years consolidation period. Faster than you think. This situation is now a blistering blink and you miss it. Gold stocks won't remain cheap for long. Newmont is up 30% since that horrendous broker downgrade. Says it all.CRITICALLY though - According to Andrew McGuire - the Fed still to close its gold short too... it Will be forced to close now over the next few weeks, I suspect.Other Central bank buying, globally, this past quarter has been progressive and overwhelming. This explains the "stair step up" pattern in gold. (Ie no pullbacks) These banks want gold higher; they have bought enough gold under $2000 which is stashed to support their sovereign currencies, so now they care less about what they pay going forward (and as we've heard it's now as much about the de-dollarisation process as anything else - I first said around a year ago the US treasury was losing its status as the global pristine reserve asset in think this is shocking and real ).The previous long standing inverse dollar - gold price correlation has totally broken down. Dollar and gold are rising together.I think that now means $2000 gold is a figment of history. Forever. The ongoing "exchange for physical" gold process is a real thing; and it is being used by foreign actors to "drain the comex" and thus drive price. Today The physical market is wagging the tale of the comex dog ( for the first time in 20-odd years ).Meanwhile - Inflation is still a thing. That the poor get to eat: Tea was up 35% in a day last week: consequently, China and BRICS nations will force negative real interest rates upon the US - via commodities and oil - creating a virtuous up cycle for gold.India bought a tonne of gold in January. Another virtuous cycle is that De-dollarisation = printing of more dollars. (Needed to cover trade theses huge US debts and trade deficits) which means even less incentive to hold dollars or $ denominated debt instruments.So Q1 has seen a whopping increase in the price of gold. Largely ignored by the mainstream (albeit a few outlets have commented in bewilderment -they still say gold is a bad investment as it doesn't pay interest- we'll true but it doesn't fall in value due to rampant inflation either)In other words - the 'pent up' inflation in gold is starting to play out.The Same central bank tactic for Q1 will be induced this 2nd quarter. Insiders say very large Central bank bids are sat at around $2200. This by design Catches out any US paper shorts. The once that were smashing gold previously!Thus any US CTA paper short sells = are subsequently being converted and delivered as cheap physical bullion to the foreign banks.This is Basil 3 in action. Insiders saying to mcguire it should continue to create a roughly $3000 gold floor.This is the Gold revaluation essentially underway. Gold stocks are still extremely cheap - but for how long?We talked about Basil 3 changing everything in the gold space- now you witness it ring side / this past 3 months.Looks like the gold bugs were right.. Eh?Either that or gold is sniffing a massive GFC type event.

[arthur75] 05/4/2024 21:58

Negan , blah blah blah , you ramble on like the loon you are, and still the share price is half what it was in December. Your £400 investment whittling away, is it worth the misery it is causing you?

[negan] 05/4/2024 20:36

They want you all to believe that Shaun Day is not capable of doing a deal for Greatland Gold to be able to take over control of Newmonts remaining 70% of Havieron's still undeveloped Gold and copper mine.

So let's try and simplify. Newcrest being our joint venture partner was a stroke of genius by Gervais Heddle. A lot of investors criticised him back then for giving to much away in terms of the JV.

No, he smashed it. Newcrest have paid for most of it. We've had dilution and rightly so. This has paid our fair share to where we are now.

Newcrests past costs to getting to where Havieron is today is not part of Newmonts valuation on the asset on past costs spent.

Newmont are looking at the bigger picture. Cutting down costs. Running the biggest and most profitable Gold and mineral mines globally fill stop.

Unfortunately we do not fit in within thier tier 1 categories but obviously they want the best returns for thier divestments.

So why not smoothly transition with an existing Joint Venture partnership where all parties prosper.

I'll always keep repeating. Callum says its a win

Shaun talking about Havieron. We haven't even scratched the surface

Shaun, it's the tip of the iceberg.


HAVIERON IS A MONSTER

IT WILL STILL BE GOING IN 50 YEARS

[negan] 05/4/2024 19:40

Just need a positive RNS from Shaun and our world class BOD with our money bag investors saying a LOI has been agreed for us to purchase Newmonts 70% of Havieron and a 5 year plan where we take over Telfers liabilities for free and future abandonment costs and we pay Newmont 5% of all future profits from Havieron for the next 8 years of production as I believe that's where the last MRE put it. 8 years does not fit into Newmonts 10 year + Tier 1 status

[negan] 05/4/2024 19:31

hydrogen1, so if I have been reading your posts correctly. Before the last short attack there was 75 million shares out on loan and since it has now increased to 90 million shares out on loan. Blimey. Borrowing shares so low and then selling them even lower is crazy. Why would anyone do this. Are most of the rest of PI's sharez stuck in sticky hands?

If insto's are mopping up weak hand PI sells they must also be mopping short sells so how much is it going to cost these shorts to buy back. Not forgetting fees and interest?

[negan] 05/4/2024 19:17

hydrogen1, surely you are not saying the short selling scum have had to borrow an additional 15 million just to keep selling to keep hammering down. Now that's a MASSIVE 90 MILLION that needs to be bought back. Remember when Gervais said he was looking forward to a short squeeze and soon after the share price rocketed to 38p. I think our share price was around 2p ish then. Happy to be corrected?

[havinthelasttoast] 05/4/2024 19:06

Sure hydrowrong.

Record is broke. Same lines for years from the 20,s to 5.

Mad man

[negan] 05/4/2024 17:57

Just catching up again. Crazy amount of shorts selling sales not only on round numbers but also on odd numbers to try to deciveve the market INMO. Must be killing them selling so low after buying so much in the low 5's when there was a leak of a placing which was not needed. Also all of those fees and interest must be a nightmare. Not to mention the POG flying. Lots of squeaky bum, bums this weekend. What is it now. 75 million shares that need to be bought back..!!

Have a great weekend all. Peace and Love x