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Share Views: HUM CEO updates on Yanfolila and Dugbe Gold Projects. Watch here

Share Views Ep. 19
HUM CEO updates on Yanfolila and Dugbe Gold Projects.


Sirius Minerals Share Chat (SXX)



Share Price: 17.75Bid: 17.50Ask: 17.75Change: 0.00 (0.00%)No Movement on Sirius Minerals
Spread: 0.25Spread as %: 1.43%Open: 17.50High: 17.75Low: 17.25Yesterday’s Close: 17.75


Share Discussion for Sirius Minerals


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itsallaboutme
Posts: 27
Off Topic
Opinion:No Opinion
Price:17.75
RE: ......
Today 12:59
I'm optimistic too and that makes me feel good about my future - yet another reason to hold SSX rather than a boring FTSE or NASDAQ stock.

I'll stick to holding - I might even buy more to lower my average.
I kind of want another 50,000 but unsure when as always.

I have no rush to sell that's for sure : my shares are all in my SIPP so I can't spend the money if I wanted to.

I'm 20% down (on-paper so not in reality) but that's covered by the fact my funds came from USD to GBP anyway.

I don't believe in stop-losses - been burnt that way before.
I have just set a sell limit of £1 to do my bit to reduce volatility.
 
mrJimV
Posts: 9,986
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:17.75
RE: Golden Cross
Today 12:47
dubz / Well I am not sure about a golden cross but the last 3 weeks SXX has been a strong sell yesterday it became a buy , so make of it what you will ,
itsallaboutme
Posts: 27
Off Topic
Opinion:No Opinion
Price:17.75
View Thread (3)
RE: Golden Cross
Today 12:46
Chartists are like palm readers in my opinion lol
If it was a science then everyone would know what is going to happen but that would cause it not to.
Just reading this board for the past month tells you that nobody knows for certain what is going to happen short-term.
dubz
Posts: 4
Off Topic
Opinion:No Opinion
Price:17.75
Golden Cross
Today 12:35
On another BB, someone has mentioned a "golden cross" formation apparently on the way, does the board agree with this or is far too early to see. Is anyone here looking at the charts? I find them interesting, and just starting to try to understand them, let alone trying spot tendencies.
tia
djryan777
Posts: 1,181
Off Topic
Opinion:Hold
Price:17.75
......
Today 12:33
All shorts have to be declared so I guess it will be interesting to see in a month if anyone's shorting this , if they are I will be happy as at somepoint they will have to reverse the trade !

Yes good one that 'blood on the streets'

If you don't no what your doing trading shares is a sure fire way to lose money far better to stick with a share and re-access you position every 6 months.
Either choosing to buy more on dips or top slice on upward movements.

Like the other poster said a sudden upswing can leave a holder locked out.

Example I traded centamin from 25p to 60p and half the time I was right and actually lost a couple of thousand messing about , I 100% believed the share would come good and was been undervalued .....

In the end I got locked out and even though when the gold price was 1600 dollars and it was 30p at the time now the shares been up to 170P And the gold price is 1170 dollars !!

It's all sentiment on things and it can soon swing , we have to believe in the future case for poly4 and that the mine is getting build , at that point we will get valued at asset price And sale price of poly4

We will have no doubt in 5 years have forward sold production at a good price.

This in my opinion might as well as hitting construction targets drive good news flow.

Once the market has figures to work with and an asset we will lend debt based on that maybe on better terms than we thought or possibly an announcement from the new government investment bank of which I'm sure we will get an investment of cheap money as the biggest project around !

I'm setting out a positive journey here and a cautionary tale of selling out to early on swings.

the share may rise and fall over the short and medium term but this might be one of a few chances the be very rich for a small stake , Id rather have a chance of that than investing in the Ftse100 where nothing is safe anymore !
Pie314
Posts: 423
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:17.75
RE: Nice to see
Today 12:23
Of course H&S is paramount, so don't expect expedition to be the priority until that is absolutely A1 in place of course. Helps to make the site more efficient as well!
Pie314
Posts: 423
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:17.75
View Thread (2)
RE: Nice to see
Today 12:21
No takeover thank you. These BOD are the right ones to do it and I want to ask them to focus hard on the construction now. Especially with their Fortescue experience, I expect they know that a very strong interface is needed with the contractors to meet objective a) expedite the construction and objective b) keep costs within the contingency. I know some would argue that I've got these steps the wrong way around, but in my experience if you do a) then it helps with b).
Pie314
Posts: 423
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:17.75
RE: john looser
Today 12:17
Mr Math go halfsies at 35p if you feel that way! I've got some of my shares not in an ISA so I might play with those after I suspect we've reached our first frantic peak. I have NO idea what that will be, but MMs will make it VERY hard to read! I will be buying back in again, even if it was a false peak and I'm forced to buy for more! That's what happened to me in the past.
dubz
Posts: 4
Off Topic
Opinion:No Opinion
Price:17.75
Nice to see
Today 12:17
Good to see that the positive sentiments have returned, and doom & gloomers have gone away for a while. A positive end to the day. I am all for one seeing everyone's point of view, be it positive or negative, and the valued information each view can bring. I am interested in the boards take on why a potential take over would be bad news? Most company take overs increase the SP on the company being taken over i believe?
Pie314
Posts: 423
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:17.75
View Thread (2)
RE: Reasons for low sp
Today 11:49
I doubt it is quite true, but I suspect there is some truth in it. In other words it might be part of the strategy of big players who may also have shorted to hedge their bets (and time it to make a profit at both ends!!) and will also buy in if they get the price down etc etc. This is capitalism so the more money you have the more you can influence the market.

Whatever the short term strategies, the main one is long term upward movement. The big boys will certainly be part of that.




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