Hey BM - are you still around, I know you were buying up large earlier. What's your take - holding / selling / buying?
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Haha typical - ASX goes up while NZX goes down
Just finished 4 days doing the north south route over the Kaimai's, very wet, didn't find any gold in those streams :(
Didn't see any gold mines, just a few remnants of the old mines, have no idea what on earth the protestors go on about, the environmental foot print from a mine must be minimal.
Unless they feel the heart and soul of the mountain is ripped out when miners take out the gold and silver.
Certainly property trading is a lot easier than share trading, making a quick 50k and 100k here and there, but I have great confidence in the mine management, so happy to leave a lazy 100k here for the long term and watch the gold start coming out.
Alright people - gold's coming out of the ground this / next month.
So the quarterly report casually confirms to shareholders Rahu has been acquired. Just neglects to mention price or purchase terms. Tisk! Very forgetful of them! Market seems unimpressed.
Less raised from SPP than they would have got from November Options if they had not undertaken it. Both are interesting initiatives I didnt see coming.
Where did you get this source from Clint’s? Personally I think it might be better to wait until all the holiday makers have gone home and avoid any additional attention, although getting gold out before the November share offer ends would help sell that offer. At current prices why would anyone buy!