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lol yep, here we go again...
Thinking about selling some and buying back a % lower like earlier???
Back to 96 again let's see what happens... yes, I'm bored today as didn't golf due to rain!
Yep, and need a gold run.
Each day, for the vast majority of the time, the Far East and Asia indices follow the USA, and so does Europe. There are, of course, exceptional issues/incidents which change this- eg recently in China, battering their indices.
S+P and DJ down ~.4% as I type, and VIX up- but hopefully, USA will become more stable- yesterday was month end but a lot of commentary out form the twosome of Powell and Yellen and co.
yeah, just looking at the UK100 index, there had been a run up to 11:03, then a quick drop in 2 minutes.
We're now pretty much on a UK100 index bounce line so hopefully there will be a general rise next week in the UK markets
Yep- me too Mando_. I've heard about SETS locks.
But as I said earlier- didn't see any large sells at the time nor anything untoward.
Running abut 2.5 times as many buys as sells a the mo.
FRES up a little, HOCHS down a little, SRB down a little etc, so here broadly in line.
POLY has been the laggard for a few weeks.
Quite So Paul,
Dasut certainly knows his stuff regarding best mining practice and also has the benefit of on the shop floor/or at the pit face experience at Sukari, I certainly set great store on Dasut's opinion on these matters.
Buys coming back in now. This is strange. I'm remaining positive though.
Forget POLY- all looked normal.
Price now back to around ~95.
I watched real-time trades around this time when the price seems stuck @96 and when it came of the narrow odd range, didn't see anything unusual.
CEY and POLY seemed under attack from 11:03
@@Rich62
your comments haven't age well
CEY just dropped 1.5%
On a positive note, its not falling (yet!) like other gold supplier POLY (down 1.8%), despite gold being up slightly at $1754/oz
It shot to 96.84 quickly then dropped a little to where we seem to be now.
Checked on another site and can see real-time trades going through.
Time 10:56:52 BUY 602shares - ~3.117m buy trades and ~1.243m sell trades so far today.
I'm no expert but from the chart it looks like the price is meeting resistance around 96 to it needs more volume of buys to break through. If any chartists on here can advise?
Tight spread normally means share is about to rise....
I just sold 10 shares and bought 10 shares back (only pay £6 a trade so just thought I'd try it). Both transactions went through OK- anyone on here shed any light on what this could be?
Just seems odd as some are pointing out too.
It certainly is
very weird...
The Ask is 96 and Bid is 95.98. I've never seen a spread this tight before.
Sorry, I'm not a professional trader. Does anyone know what this means???
Cheers
No idea- I can see this on other places I look too.
Hi Dasut,
Absolutely, nails on the head!, nails on the head!, right and right again!
From a recent conversion I had with a very well informed person I can only agree entirely with your understanding and summing up of the Sukari situation.
Martin regards restoring Sukari to full performance as a priority !
Centamin now has the CEO it deserves to achieve its full potential!
I agree Dasut. We all want to make some money here, but we dont want lives risked any more than the usual mining risks.
Heres hoping that the "muck shifting exercise" goes well and then production increases to pre "wall" and beyond levels.
It does look like Martin Horgan has made some tough calls and not made too much of a fuss about them. I dont know anything about gold mining, but I suppose as with most things, if you get the basics right then things should be easier and better later on.
I've never seen a minute chart so flat. What's happening. Volumes increased a lot but the line is perfectly flat for the last 17 minutes... No bars at all. Is this just me seeing this on TradingView
bleary-eyed sorry not what I heard the west wall was rightly closed at the time because as he said there was movement with 2/3 benches of waste above the higher grade ore.
As he said this isn't normally a major issue as it is a common occurrence when mining and normally easily sorted out.
I would suggest having to issue a guidance notice would have been made through gritted teeth when he understood such a normal circumstance had such a major impact on production because they had no alternative areas that could be worked in the short term.
As for risk taking in mining not for me as risks in mining are dangerous and if they hadn't shut down the west wall the consequences could have been far worse.
What is unusual is bringing in a contractor for what I would call a "muck shifting" exercise to move a massive amount of waste and this was a major costly gutsy decision and made very quickly and a decision that hurts the SP in the short term but I would suggest will put Sukari back on track to hitting targets.
Price inching back up, finally back in profit after a few weeks in the red.
Markets liking the presentation, just need pog to hit 1800 again
But does it taste good ?