Here’s a recent article on gold ETFs
I’ve been invested in GGP for just 6 weeks and today I’m up a whopping 76.55%
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I buy miners. They’re a great defensive stock imo.
When looking at miners you need to check out:
Quality of material
Lifetime of the mine
Aisc (all in sustainable cost)
Current gold price
Debt levels
Generally speaking, if you add 10-15% to the AISC and take 10-15% off the current gold price and the mine is still profitable you have a good factor of safety.
Then you need to make sure the mine can operate for the length of time you plan to stay invested (or that a new mine with similar assets will be opening soon).
I’ll have to defer to someone else re the ETF - I’m not so sure! Hope this helps.
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It definitely helps. Thank you.
Interesting how the price went up.
Disclaimer: At various points, it went down a lot as well, and it can happen again.
Gervaise is back! Suffice to say he’s over the moon!
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Feel a song breaking out here…“The only way is up, baby, for you and me now” 
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I actually bought a good chunk more from Greatland today, so good timing!
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Haha yes but correction required it’s “for you and me now”. 
. I topped up too, got in at 0.03, I’m absolutely ecstatic 
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Lyric edited 
and yea I’m stoked to have more now too! Nice wee bundle of shares to keep and hold for a while and hopefully watch grow.
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Fabulous 
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Greatland posted two RNS yday (04 Feb).
One relating to drilling at Derby North - can anyone tell me if these are ‘good’ results?
The other relating to a Block Listing Application - is this dilution of shares? They say that the total vol of shares in circulation won’t change so I don’t get how this works. Sorry if this is a Noob question.
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Derby North results are just ok so far. It’s another decent amount of gold at decent ratios but not the sort of thing that should jump the share price too much.
I think people are waiting for the Scallywag drills, the geophysical’s on those are incredibly promising and it doesn’t outcrop like the Telfer site. (It’s also 100% GGP).
Block listing applications are fairly common, essentially it is an allocation of previously unallocated shares. Such as employee options or share plans etc. In this case though it’s investor warrants, it’s explained really well here:
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Scallywag drills??? What and when are these announced
Keeps your eyes peeled for an RNS - I wouldn’t expect it for a month or two though.
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Cheers Codf. Seems like March / April for this to start. Might expect the price to wain a little before then.
Maybe. The sentiment seems strong still though.
6% today alone, 22% on the week and 90% on the month. Might be best to try and average in.
Direct you to this piece:
yeah, I have had some for a month or so and got more a week ago. But might wait and drip / average it in. I’m liking the project the more I learn about it.
Same!
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Thanks for such a great deep dive but in a clear easy reading! Will be looking into wish-listing this!
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Well I am very happy, I’m up over 121% in 7 weeks. This is my best performer by far 
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I check everyday just in case I’m a millionaire 
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