Greatland Gold Share Discussion Threads

[timberwolf] 12/4/2024 06:52

Are our Havieron Gold Reserves up c. 20% in the past year based on the POG increase?

Well, the POG has risen from approx. $2000 to $2400 in the past year....

Newmont Mining, as you'd expect, with assumptions, correlate a rising gold price with reserve value, with, essentially, reserves increasing by 5% for every $100 increase in the price of gold. They show this in their annual accounts, as follows:

QUOTE

GOLD RESERVE SENSITIVITY

A $100 increase in gold price would result in an approximate 5 percent increase in gold reserves while a $100 decrease in gold price would result in an approximate 6 percent decrease in gold reserves. These sensitivities assume an oil price of $75 per barrel (WTI), Australian dollar exchange rate of $0.70 and Canadian dollar exchange rate of $0.75. These sensitivities assume all other inputs remain equal, including all cost and capital assumptions, which may also have a material impact on these approximate estimates.

UNQUOTE

So, if you correlate this with Havieron, our reserves (and, OK, I accept that you can argue on the probable v proved reserves question), would be up around 20% over the past year.

[timberwolf] 12/4/2024 06:45

Gold price a whisker off $2400 this morning....

[hydrogen1] 12/4/2024 06:39

My major gold target line of $2411 is closing in. This is the upper top end of my risk range…

AND that is where gold begins a parabolic journey - where if it can get above $2411 to $2420 - then it’s clear blue sky above - Where ALL historical resistance is gone the AND next stop is $2800 to $3500 zone.

Wowzers! Cannot believe this is actually happening. Basil 3 in action right as China and Russia planned it…

… Havieron has around 1bn tonnes of breccia pipe this is where the whole lot becomes massively economic. There just are not that many 10-15moz deposits left on the planet.

This couldn’t be going any better - it’s like the MACRO of DREAMS - the mainstream is clueless they totally missed it.

Dig that toast. :0)) Hydro Bang on! Like I say more chance of £4 than 4p

That major fulcrum point $2411 is just $22 away this morning.

Are you ready? Ready for the parabolic gold move..?

At what point does Actusray throw in the towel…?.

[negan] 12/4/2024 01:56

Really looking forward to the morning RNS saying we are going mining 🙏

[havinthelasttoast] 12/4/2024 01:02

How much has he saved his followers ya daft ramping blind mug. GGP is at 6p.

You boys are totally delusional.

[havinthelasttoast] 12/4/2024 01:01

You said that at 17p or at least your colleagues did. You said we would never see even 10p. We told you 6 now things are even worse and we see 3.

You wouldn’t know how to value a 20 pound note.

[deputy303] 11/4/2024 19:53

Toast you couldn’t take a dog for a walk never mind pulling greatland gold to 3p your boiler room will soon be closed down

[negan] 11/4/2024 19:35

How much have you cost your followers 😡

🐑 🐑 🐑

[lurker5] 11/4/2024 19:16

Negan dispays the usual trait of the thick. Unable to understand irony

[havinthelasttoast] 11/4/2024 18:10

We are taking this to 3p

Be warned

[negan] 11/4/2024 17:13

All these shares being given bought and staying in sticky hands must be killing the shorts..

[deputy303] 11/4/2024 15:45

Toast keep selling them shares they are getting soaked up get your short closed the wave is coming the boiler room will be wiped out

[negan] 11/4/2024 15:05

You know you want to buy some as well but unfortunately your minimum wage and paid per post is just about covering your council bedsit rent.

[arthur75] 11/4/2024 14:38

Negan 'we keep buying ' we? LOL. We all know you have invested just a few £100 , that you are seeing whittle away. Every time you avearge down with another £50 it drops again. Painful. None of the rampers are filling their boots here. 'we ' LOL LOL LOL.

[negan] 11/4/2024 11:02

Lurker5, we ain't selling, we keep buying. Especially at these low levels. Good luck closing 🔥

[lurker5] 11/4/2024 10:42

"Our current MCAP is worth multiples of what we have at Havieron" - absolutely correct Negan ! - for once.

[jaka] 11/4/2024 10:14

I tend to agree with others now with the recent appointments that Greatland Gold PLC are building Australia's No.1 Gold producer from scratch.

[arthur75] 11/4/2024 09:02

This share price decline is very painful for recent buyers and average downers
like Negans desperate late night posts show. More pain ahead I think chums.Into 5 today?

[negan] 11/4/2024 01:47

When Shaun releases the RNS that we are officially a gold and copper producer and not just an explorer our share price is going to go mental. Especially the way gold, copper and silver are flying. All in my own opinion. I'm not alone in my thinking 🚀

[negan] 11/4/2024 01:41

Shaun Day and his heavy hitting team are taking Greatland Gold mining. Make no mistakes about it. I can't wait..

[negan] 10/4/2024 23:10

Toast or burnt toast.

Don't get your last post?

What's the we and then your.

Are you invested or not?