I add lol what a bargain
Support should be ~$1920 on gold with that hard floor at $1679.50! Currently resting on the 50dma.
We'll see if all that cash moves toward gold on Monday and Tuesday due to market selloff expected. We're at the bottom BB on the daily. Could see some consolidation in the Jr's with the current move.
I'd like them to try and pick up the other exploration claims down in Mexico that the original geologist has been working on.
Retail sales have jumped off the cliff in the last 3-4 weeks. Maybe it's that 100% price increase that they are trying to push through.
I added more on this dip today.
well they do have a couple of highly qulified guys on board the only questionis does the back 40 hold the amount of product they hope it does, If so I doubt this stock will stop at $10. JMO
The promissory note was acquired in the Aquila Transaction. In October 2021, Aquila sold its Wisconsin assets to Green Light
Metals in return for a C$4.9 million ($3.9 million) promissory note. Under the promissory note, Green Light Metals is to pay C$0.9
million cash and deliver C$4.0 million in Green Light Metal shares once Green Light Metals goes public. The cash and shares will be
delivered upon completion of Green Light Metals listing on the TSX and the shares are expected to represent approximately 18% of the
total outstanding shares of Green Light Metals. Upon maturity on December 31, 2022, the shares of Green Light Metals will be recorded
at fair value as available-for-sale securities. Due to the short maturity of the promissory note, the carrying amount approximates the fair
value, and likewise, no interest and collateral is required.
So keep Eyes peeled for Green Light filings.
Shareholders of Record at the Close of Business today are entitled to vote at the Annual Shareholders Meeting!
thanks for that post
Thanks for that link , will give it a listen soon!
I like where this is heading
I have been waiting for my Schwab account to post a check I sent Feb 28 another on MArch 1 and a 3rd March 4. GORO is backing off today hope my $$'s get there before it runs agin Gold was up over $62 now $24 so maybe I will be able to fill up on this pull back which shouldd last only a couple of days JMO
Yeah most will fail I understand. Only iso20022 utility will truly thrive, XRP/XRPL stock will bridge everything and transport the gold backed IMF SDR’s. So bullish on goro
thnks I just don't trust the cryptos. Reminds me of the great Tulip bulb craze in Holland.Time seems right also as world is in turmoil. I'll stay with PM div stocks, and oils..
Crypto or if you want stock buy XRPL on Six Swiss exchange
what the heck is XRP I can't find anything on it or is the symbol wrong
Everything’s started lagging, buying my final XRP taking offline 90 mins and no messing with exchanges. XRP will transport the gold backed SDR’s, we’re in for a right treat..
yes things are screwed up. Mail seems to take forever. I also suspect fund going to Schwab may not be getting processed righ away. I had some which should have been there Thursday still not seeing them.
my one son-in-law's firm has their retirement funds with them
The bigger they are the harder they fall.
I do think China is watching how things are going with Russia. They want Taiwan but at this time
it may not be wise to go for it. They may attempt to assist Russia but I doubt they will give any military aide, just some ecoomic such as buying more oil and coal
Crazy times. Reset approaching
A majority of Big Chinese Developers defaulted. BlackRock was the owner of a large number of $USD denominated Bonds. Measured in Hundreds of Billions!
If China gets tangled up in the Russia deal, BR is screwed.
what did China housing have to do with Black Rock?
GORO still has the better land position. Just need Silver price discovery above $30 and the other mines in Mexico may be more of a priority.
We were just digesting BlackRock's position. They had to dump their shares because of Chinese housing.
yes but that was before they spun of FTCO which has that great mine and may have another come on line I like em both
wow up 10% this AM will it stop at $3 or go to $5 and then $10 when they get another mone open?
Could go straight to $3 as the price/volume is low above current price. It also closed above the 200dma.
$silver is usually what moves this.
$Zinc will be a factor soon as the price goes above $2/lb. That's $2B in resources at the back forty alone.
Yeah, I think the Back Forty mine should be open by end if 2022. Itll be a gold, silver ,zinc and copper producer. Theres already a pile of exploration and investment done on it. But you know how it goes, until its producing its all just hope. Still, I think itll produce and its in the US so its a safe play.
aren't they also getting reaady to open another mine?
They spun of FTCO which was a ra money ameker
Youre opinion will probably be right. These guys are making money and i dont see it stopping. East 3-10 bagger type situation Can happen very quick.
metals look like cose to breaking out. If so these little stocks will rock jmo
Probably more dependent on the $Silver/$Zinc price.
$1.30 Divi paid at >$40/Silver 2011 ish.
they will raise the div when the price of gold goes up.
They did it as gold got into the 1750 range. now 1880-90.
Oh wow they pay out some good divvy . Good pick you have there. It's honestly still well priced though it would have been nice to get in lower
I thought I saw where they were drilling some hols looking for a new mine site
Alos they bought that little company but I don't think it has any production.
They spun off Fortitude which is a great money maker paying .04 every month. Wish I had jumped onto it soon than I did after the spin off. It came at .75 and ran I didn't get going until it was $3, just sat looking at my bew spun off sahres. Now it is one of my largest possition in number of shares held.
Yeah, I still want to build a strong position with this too and am hoping for it to reach 1.70 again. I mean i think its still a good buy anywhere under 2$. I think it should be up in the 4s or 5s.
good buy I missed it and waiting for the pull back to fill, the gap at 1.70