Grande Portage Resources Ltd. V.GPG

Are the big boys trying too take gold down

[tarsands]

In the plan of it going alot higher if this happens:

A plan confirmed just ahead of the FOMC on December 16 would be intriguing and potentially set the markets up for a double-whammy of fiscal and monetary stimulus combined. The FOMC will be under pressure to act given the escalation of COVID-19 and the restrictions that go with it. A confirmed stimulus plan and the FOMC announcing an increase in purchases of longer-dated UST bonds would be a recipe for the US dollar to weaken into the end of the year.”

[flash338]

I'm seeing a lot of interest returning from sector specialists. Looks like the consolidation is close to done. Generalists probably got burned a bit. This sector is good at that. I get the impression the bullion banks are trying to keep things from breaking out. Just look at the regular sell offs at Comex open. Keep trying guys.

[sage4050]

Is there anyone that really knows mining on this board?  I don't (for sure).  Are these latest figure from them really GOOD GOOD GOOD or just so so?  Isn't this the stock that Sprott (?) invested in a while back.  At .30 to .40 is it worth a buy?  

[flash338]

Overall, they were good. The market liked them on a somewhat rough day. When they put out he long sections we'll get a better idea of how things hold together. Best part, they have a decent resource to work off that's roughly fair value so ...

[flash338]

If you aren't familiar with this sector and have any interest, I'd recommend the 'Ore Deposits 101' series on YouTube. Here's a link to episode 1 if it interests you. https://youtu.be/OXqE82UIVVU

[sage4050]

Thanks.

[sage4050]

Thanks.

[sage4050]

To me it seems like they have been coming up with these better than average results for several months now.  Read their description and it appears they have a couple dozen different sites to drill and all seem to have at least some gold in them.  ES is in for 3 million and gold (at least) is supposed to go up.  What is there not to like?  It seems to me that any kind of major

[flash338]

Eric buying in is great news and really brought in alot more attention so don't take what I'm about to say to far out of context. 3m for Sprott is pocket change. It wasn't that long ago, maybe a couple of years, that a Sprott PP was jokingly called the Sprott kiss of death. Granted, the sector was in a brutal bear market and he runs a 'shotgun' strategy with explorers. He's