InvestorsHub Logo
Followers 3156
Posts 961222
Boards Moderated 205
Alias Born 09/04/2000

Re: NYBob post# 23314

Wednesday, 12/05/2018 9:26:16 AM

Wednesday, December 05, 2018 9:26:16 AM

Post# of 37917
HI THERE I AGREE/
Gold and Silver Prices May Continue to Rise in Sterling Terms
Here comes the chaos

https://www.youtube.com/watch?v=35bHSGtWkSU


Today is Tuesday 4th December 2018 and we are stating our reasons why
Gold and Silver may continue to rise in sterling terms over the next
couple of weeks.

On Sunday 9th December, Conservative British Prime Minister Theresa May
will debate with Labour Party Opposition Leader Jeremy Corbin on BBC TV
at 8pm GMT the details of her proposed BREXIT Deal which many of the
original BREXITEERS are unhappy with, and has already led to a number
of cabinet resignations.

This debate is essentially to give her a last-minute opportunity to try
and test her arguments for public consumption prior to an essential
House of Commons Vote on the proposed arrangement that her Government
has in principle agreed with the EU - which falls far short of what the
architects of the “OUT” campaign had envisaged.

The House of Commons vote is to take place on Tuesday 11th December,
prior to which, the House of Commons will have 5 days of debate on her
compromise Brexit deal.

Most polls are currently showing that she will lose the vote, and this
is where the difficulty truly begins. If she wins the vote, then it
would be full steam ahead to exit the EU on 29th March 2019.
If she loses, then a number of things could occur:

1. She could go back to the EU and attempt to refine the deal – however
the EU has stated that it would not budge any further

2. She could turn around to the EU and ask for more time to negotiate a
further deal i.e. delay Brexit – we are not convinced she would get
away with that. 3. Her own Party could call for a vote of no confidence
via the Conservative Party 1922 Committee, and if she loses that vote,
a new leader and Prime Minister will be elected – but if that were to
happen that new leader would more than likely be a Hard Brexit person
such as Ian Duncan Smith, Boris Johnston or David Davies.

4. She could win the Vote of no confidence and then potentially call a
General Election to resolve the matter once and for all – but there is
very little time available to achieve this and if her Party lost that
election and the Labour Party were to win, they may arrange a new
Referendum on Brexit, which they believe the ‘Remainers’ will win.

5. If she wins she may call for a new Referendum herself asking 3
questions of the general public – To Remain, A Hard Brexit or her
negotiated deal.

6. She could do what David Cameron did and resign and leave the Country
and Party in chaos.
Although the options seem plentiful, the reality is that if British
Prime Minister loses the vote on Tuesday chaos will be the order of the
day.

We have already seen the price of gold rise by £70 per ounce in the past
4 weeks, though it has been little moved in US dollar terms, thereby
reflecting the current weakness of sterling and this will no doubt
continue, until these matters are finally resolved.
The irony is, that for markets to remain calm she has to win on
Tuesday, however in doing so, she will have achieved a ‘soft Brexit’ or
‘compromise Brexit’ which is something that the hard and fast
Brexiteers will brand a betrayal of the British people’s vote.
Until then, uncertainty dominates, and we foresee precious metal prices
in sterling terms holding up if actually not rising a little further
yet, and if the vote is lost, then do not be surprised to see another
5% -10% rise in precious metals shortly after –
in sterling terms that is.


How will the softening of the US trade and monetary policies affect the gold market?

https://www.investorideas.com/news/2018/main/12042TradingAlert-TrumpPowell.asp


Gold To Reassert Itself As Money
Alasdair MacLeod
8,512 views
FinanceAndLiberty.com
Published on Nov 23, 2018

ex...

https://www.youtube.com/watch?v=DPK26vJnH1A


Gran Colombia Gold's TTM Adjusted EBITDA Surpasses $100 Million
Nov. 26, 2018 11:12 AM ET |

About: Gran Colombia Gold Corp. (TPRFF)

Summary
TTM adjusted EBITDA reached $105.4 million at the end of September 2018.

The company has restructured its debt, and it no longer has convertible
debentures, which could’ve been highly dilutive.

Reserves and resources could rise significantly as
Gran Colombia has embarked on a 30,000-meter drilling campaign
at Segovia.
The latter currently has 27 known veins and only three are mined.

Looking for a community to discuss ideas with?
The Gold Commonwealth features a chat room of like-minded investors
sharing investing ideas and strategies. Start your free trial today »

Introduction and financials
Gran Colombia Gold (OTCPK:TPRFF) is the largest underground gold and
silver producer in Colombia, and its main assets are the high-grade
Segovia Operations near the city of Medellin:

\/

https://seekingalpha.com/article/4224489-gran-colombia-golds-ttm-adjusted-ebitda-surpasses-100-million?dr=1

Gran Colombia Gold Corp. (TPRFF / GCM:TSE) Gold is benefiting from growing risk-off sentiment in financial markets
as investors move out of falling equity markets and
into more defensive assets.

Economists said that the latest manufacturing data could add to
pessimism in the marketplace.

Bob babes, I think a spike is coming in gold.
I see gold going closer to 10k rather than 1k, like to see
Gran zoom 3x in coming months.
thank you, good info smile)

https://www.kitco.com/news/2018-11-21/Gold-Prices-Hit-Session-Highs-Following-4-4-Drop-In-U-S-Durable-Goods-Orders.html


Asia Gold: Weddings boost Indian demand; activity muted in other hubs
Rajendra Jadhav, Karen Rodrigues

MUMBAI/BENGALURU (Reuters) - Physical gold demand in India was robust
this week as consumers stepped up purchases during the traditional
wedding season after domestic rates slipped to a near six-week trough,
while gains in global prices weighed on bullion’s appeal in other Asian
hubs.

A salesman shows gold necklaces to a customer at a jewellery showroom during Dhanteras, a Hindu festival associated with Lakshmi, the goddess of wealth, in Kolkata, November 5, 2018. REUTERS/Rupak De Chowdhuri
Demand in India, the second biggest gold consumer after China, usually picks up towards the end of the year going into the wedding and festival season, when buying the metal is considered auspicious.

The current price level was attracting both jewellers and retail consumers, said Daman Prakash Rathod, a director at MNC Bullion, a wholesaler in Chennai.

Local gold prices were trading near their lowest since Oct. 1, as an appreciation in the rupee made buying overseas cheaper.

Dealers in India were charging a premium of up to $2 an ounce over official domestic prices this week, down from $3 last week. The domestic price includes a 10 percent import tax.

“Jewellers are now replenishing inventory as sales during Diwali were decent,” said a Mumbai-based dealer with a bullion importing bank.


Indians celebrated the Dhanteras and Diwali festivals earlier this month.

Meanwhile, global benchmark spot gold prices were on track to post a second week of gains, having hit a two-week high of $1,230.07 an ounce on Wednesday.

In China, premiums of $4-$6 an ounce were charged over the benchmark, versus $4-$7 last week.

Demand in China is very quiet these days as prices are trading higher and people are hesitating to buy, said Peter Fung, head of dealing at Wing Fung Precious Metals in Hong Kong.

Premiums in Hong Kong also inched down slightly to $0.70-$1.50 an ounce from $0.80-$1.50 in the previous week.

In Singapore, premiums eased to $0.50-$0.80 an ounce from $0.60-$0.90 previously.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144867546

TPRFF/GMC Possibility of a takeover -
Yes, crazy numbers here. total enterprise value with debt
under 250mm canadian.
A buyer can payoff debt, 100mm, and reap returns of
over 25-35% per year if purchased for $5.
This can happen in a flash.
Any thoughts?
by liquorc

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145035997

Note the bottom lines;

Given Segovia's growth profile and low production cost, I believe
the stock is worth 15x forward earnings, or approximately $10/share,
representing close to 500% upside.

If the company continues to execute, then fair value should increase
over time.
Importantly, the company is now funding its growth from operating
cash flow; that eliminates the need for financing, which
is commonly a problem for junior miners.
The greatest risk to the thesis is the price of gold.
If gold were to fall to $1000/oz then I estimate that the company
would earn only around $0.10 of EPS;
at a 10x earnings multiple (reflecting thinner margins),
the stock would be worth $1/share, or ~40% downside.
Additionally, there remain operational tail risks, such as a
prolonged conflict with artisanal miners or gangs/guerrillas,
which could seriously impair the value of the company's assets.
Overall, I believe the very large upside potential more than
compensates investors for bearing these risks.

Disclosure: I am/we are long TPRFF.

The Largest Underground Gold And Silver Producer In Colombia - Gran Colombia Gold Corp.
Cambridge House International Inc.
Published on Nov 5, 2018
Watch as Mike Davies, CFO of Gran Colombia Gold Corp. (TSX: GCM),
discusses their new milestones for 2018.


https://www.youtube.com/watch?v=0fvFlrAOCKQ


Gran Colombia Gold: Extremely Deep-Value Gold Miner

https://seekingalpha.com/article/4216358-gran-colombia-gold-extremely-deep-value-gold-miner


Summary

•The stock trades at less than 3x forward earnings.

•Investors have ignored the company due to earlier financial trouble and no sell-side coverage.

•Dramatic valuation divergence from other gold miners, coupled with ongoing growth, creates a setup for huge returns.

Gold Market Update By: Clive Maund
Published: Monday, 5 November 2018 | Print | Comment - New!

The Precious Metals sector continues to be viewed with disdain and
skepticism by the vast majority of investors, which is exactly what you
want and expect to see at the earliest stages of a major bullmarket.
However, the charts continue to shape up well, as we will now see.

http://news.goldseek.com/CliveMaund/1541423160.php

Gran Colombia Gold Corp (TPRFF) CEO Lombardo Arenas on Q3 2018 Results - Earnings Call Transcript
Nov. 14, 2018 1:26 PM ET | About: Gran Colombia Gold Corp. (TPRFF)

https://seekingalpha.com/article/4222166-gran-colombia-gold-corp-tprff-ceo-lombardo-arenas-q3-2018-results-earnings-call-transcript?part=single

In GOD We Trust -


http://www.kitconet.com/images/live/au0001wb.gif

Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.