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Gold +1.29% $2070.03
$2064 now---What just happened?
The share price isn't doing a lot at the moment but with gold having been over $2000 for most of the last couple of months it should help profits and maybe even the dividend! (we hope)
Finally some movement Tony
Hochs and fres for example do even less Tony
Once again Centamin doing sweet FA.
2,057USD
European markets traded higher in the premarket on Friday as investors awaited the release of a new batch of data from the United States and Europe to cap off the trading week. Market participants anticipated the release of services activity data for the euro area, Germany, and the United Kingdom, as well as Switzerland's retail sales figures for January, and manufacturing and consumer sentiment data from the US.
In business, German car manufacturer Daimler Truck unveiled its fourth-quarter earnings report before the opening bell.
The German DAX added 0.28% and France's CAC 40 improved by 0.54% at 8:20 am CET. The UK's FTSE 100 gained 0.62% while the Euro Stoxx 50 increased by 0.41%.
The euro traded 0.07% above the dollar at 8:21 am CET, selling for 1.08159. The pound was 0.06% up compared to the US currency, changing hands for 1.26315 simultaneously.
Baha Breaking News (BBN) / RR
Happy Friday y’al
Enjoy your weekend.
Gold currently $2047.51
Montage Gold has a similar project to Centamin's Doropo nearing approval, the assessments to build their mine has increased by 46% in the last 24 months due to inflation
2022 PEA $ 489.90M USD
2023 DFS $ 544M USD
2024 Updated DFS $ 712M USD
Additionally, Montage began the environmental and mining permit application process January 2022 whereas Centamin hasn't -
If the costs are escalating to the point of a negative decision - the time to sell Doropo to interested parties was yesterday, given the concession's final deadline extension to permit is 3 months away - what will Horgan and Co do this time? Walking away should not be one of the options again.
https://www.montagegoldcorp.com/
I think it's the parlous state of the Egyptian economy that's holding this share back - Cey has got stellar numbers and prospects otherwise. I'm fully in at the minute and wishing a bit that I'd sold out at 103. ho hum GLA.
Yes it better to have a laugh than be morose ,lifes to short , the market and Centamin will continue long after , in the meantime we wait for tommorow to come. ;-)
Hehe great phrase!
Tomorrow's another day :-).
Well Stevejones999 ,as my dad used to say to me , it aint beer and skittles every day. :-)
But he never said when it would be, or as the publicans notice said, "Free Beer tommorow".
Lol- well it's my only NON-GREEN on my dashboard.
My crypto portfolio is continuing to fly.
russian journalists tell us he's expressing 'moderate confidence' to win after murdering navalny. the rest is in putin's own words:
“they should understand that we also have weapons that can hit targets on their territory. all this threatens to result in a nuclear conflict, and therefore the destruction of civilization. don’t they get that?”
putin added, once the election is over, russians await “unpopular measures: a new mobilization wave, the increase of fighting age and everything else they’ve thought of.”
putin called for the safeguarding of “traditional family values.”
putin said “we see what is happening in some countries where moral norms and family institutions are deliberately being destroyed, we choose life.”
he also urged russians to “stop drinking and get on your skis,” in order to increase russia’s life expectancy.
https://www.politico.eu/article/putins-vision-next-six-years-keep-fighting-quit-drinking-have-babies/
brics is certainly in good hands with putin in charge of the largest nuclear ****nal. no wonder they will replace the us dollar soon, soon comrades.
Its always been the same, at least most of the time, they probably have more traders , so instant action, but on the positive side when all go down CEY also takes longer.
Bit annoying when fres, Hochs, barrick and so on are all up 3% ish and yet we lag
Whats to say SteveJones999 other than Gold is doing very well $2047 , but, as we know it will likely go backwards as the traders take their profits.
But that said it seems the paper players are becoming less influential as the Banks continue to load up more physical , "Real " Gold , the gleaming stuff. That weighs far more.
Long may it continue.
Bit muted, expected more. Will hold overnight.
If you wondering on the move- initial views are nice little data drop.
Anglo American has launched a prototype of its first zero-emission hydrogen-powered mine haul truck. Haulage Solution is designed to operate in conventional mine conditions with 290 tons of payload. President Cyril Ramaphosa led the launch and said the country is committed to combatting climate
https://www.youtube.com/watch?v=DW44d6cFaqs
https://www.youtube.com/watch?v=Mt-AlTHqisM
https://www.youtube.com/watch?v=n73sdUp0XL0
https://hydrogen-central.com/
https://newsroom.toyota.eu/toyota-reveals-hydrogen-fuel-cell-electric-hilux-prototype/
While the entire world was gradually moving towards electric vehicles (EVs), Toyota was the only major carmaker who stuck to developing their hydrogen-powered engines. And in a sudden turn of events, another giant car manufacturer, BMW is set to move towards the same technology.
BMW is among the few manufacturers actively pursuing hydrogen technology and plans to roll out hydrogen-powered cars by 2025.
https://www.dhakatribune.com/business/338624/bmw-bids-farewell-to-electric-cars-set-to-launch
https://www.bmw.com/en/innovation/how-hydrogen-fuel-cell-cars-work.html
Hi Paul then of course there is the disastrous HS2 project,a money printing exercise for the big UK civil engineering contactors who give a tender price and even though initially a contingency sum is agreed they have no intention of abIding by it because they know they have the government over a barrel and that the ministers wont challenge them!
All that wasted money would have been better spent reinstating many of the old branch lines for commuting cross country and locally easily .
Also some of these funds could have been used to sort out the problems in the NHS and our other public services, possibly even restoring some of the funding to local councils which has been systematically cut since 2008.
https://www.countrylife.co.uk/news/the-hopeless-mess-left-behind-by-hs2-compulsory-purchase-orders-260650
Parliament granted HS2 Ltd a compulsory purchase order in June 2018, meaning it could forcibly buy properties out from under owners if they stood on the route
https://www.newcivilengineer.com/latest/hs2-completes-phase-one-land-acquisition-as-compulsory-purchase-powers-expire-23-02-2022/
13:30 UK time today- US Data drop
Need lower than predicted.
https://www.marketwatch.com/economy-politics/calendar
European markets traded flat to higher in the premarket on Thursday as investors awaited the release of to key inflation reports in the United States and Europe. Inflation data for February from Germany, Spain, and France is expected to be unveiled throughout the day.
The German DAX and France's CAC 40 both traded flat at 8:00 am CET. The UK's FTSE 100 gained 0.13% while the Euro Stoxx 50 increased by 0.12%.
The euro traded 0.08% below the dollar at 7:58 am CET, selling for 1.06785. The pound was 0.18% down compared to the US currency, changing hands for 1.23964 simultaneously.
Baha Breaking News (BBN) / RR
Gold currently $2037.42
Found it ,
The Housing Market Renewal Pathfinder Programme Abstract
The Housing Market Renewal (HMR) Pathfinder programme was the most ambitious and controversial area-based housing initiative launched by the UK government over the past 30 years. It was introduced as a means of supporting radical intervention in 'weaker' housing markets, based predominantly in the North of England. The programme, launched in 2003, was assailed by criticisms from the outset. An unlikely alliance of heritage lobbyists and critical urban theorists condemned HMR plans to 'modernize' local housing markets as an exercise in state-sponsored gentrification, displacing working-class households in the search for more attractive 'new urbanists'. HMR programme included demolition of existing homes, partly to modify the structure of local housing supply. Elsewhere many fairly conventional housing improvement schemes were implemented, sustained by an additional £2 billion of government investment. The HMR programme was curtailed peremptorily in 2010 by the Coalition government, partly justified by reference to the earlier critiques. This paper considers the criticisms made of HMR, and suggests that overall the programme made modest improvements to the housing stock in the Pathfinder areas but inevitably fell short in reviving local housing markets, especially since the 2008 recession. The prospects for any future housing-based area regeneration programme in England being developed along the lines of HMR now seem bleak indeed.
https://shura.shu.ac.uk/11325/
i'll give it a read, thx
Cowichan should have a look at the "Pathfinder"scheme. Home owners in poorer areas were compulsory purchased at a knock down price to enable developers to make a profit. The name may have changed but it still goes on in poorer areas that they want to "gentrify"