Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
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I must have missed the announcement. - The next I am aware of is the interim report on 4th Aug.
Look at the list of the top FTSE 100 fallers today and they are nearly all mining companies.
Well I hope the Sp doesnt go down, but Im not too bothered if it doesnt go up, so long as there is a good dividend, which will be reinvested this time. After that, Ill probably take the cash from future dividends. Hopefully, there will be good news and maybe late in the year or early next year, we will reach the pre "Bad News" share price again.
I suppose after all the turmoil of the last few years, "Good News" would be fairly quiet and along the lines of " Waste removal ahead of schedule. Ounces mined slightly ahead of target and contracts for new parcels of land signed" .
Maybe one day, the court case will finally get kicked out as well-----------------------but Im not getting any younger!
All PMs remain unloved at the moment- strange they are all suffering with what is, a great gold price.
The solar plant won't do the ASIC any harm that's a given. Crypto and meme stocks getting hammered won't either? Interesting and wonderful times we live in.
Yet another week and stuck in this sp range, well there's always next week
Hello Halfpenny, the share price could go either way on Thursday. I like everyone else holding the stock hope it jumps by 20% plus.
I know of no reason for it to drop but who knows.
I think a great plus for the share price that will reward again and again is the installation of the solar system which will repeatedly affect the gold production/processing cost.
My hope is of course that the pps rises on Thursday but if for some reason it doesn’t I believe Centamin is a solid investment for the next year and beyond.
Might run up to these next week, bought another 25000 just in case?
Looking just at Gold Price you can tell it's Friday.
Usual Friday knockdown.
It's becoming a regular occurrence, plenty of paper to flush away.
Agree MrBond.
All stocks crash when markets do. All evidence points this way- also all PMs suffering at mo- fortunately my main pension is managed by others- and has risen 60% since it dropped 28% from the COVID drop week in March2020. Had I listened to many the "analysts/experts" since the COVID crash in March2020 and liquidated to prevent further damage, who since have said at various times markets will drop further, I'd been jumping of a very tall building now.
Rates remain so low, and we have had and will continue to have, a "K" shaped recovery- this points where to invest- people make zip outside of equities.
I've some here outside of my main pension and done well over the years on CEY- which has pretty much performed in line with other PMs , if you take out the hit in the Oct2020 due to the mine issue.
All these mentioned shares have their own personal issues going on, from political to production. That all needs to be factored in b4 investing. Are these issues in hand or not is an important question? Not to mention price trends. PM price isn't the only factor to consider..
Its not just CEY.
Fres is -3.8% Hoc -2.4%.
Its normal at the moment.
Centamin is a contrarian share that is very difficult, if not impossible to predict.
Why hasn't CEY sp tracked the rise in PoG? I see inflation concerns rise feeding POG but not CEY!? Only recent news has been, what has been shared, about Capitol and WA. Both are positive for CEY
This topic was discussed earlier this year, but I thought it would be a good reminder now.
https://goldsilver.com/blog/if-stock-market-crashes-what-happens-to-gold-and-silver/
The first table in the above link suggests that gold usually increases in price as stocks crash. The large 46% decrease in gold price in the early 1980s crash is really down to the Thatcher and Reagan governments using monetay policy to reduce inflation that stoked up during the 1970s oil supply crises. Interestingly, the tech crash of the early 2000s saw the gold price increase.
At the moment, the commodity prices have pulled back from their highs while the NASDAQ has surged ahead. Note, however, that it's mainly the FAANG stocks that are rising; others such as MVIS are falling and some of the green tech stocks (FSLR and SUNW) are not blazing away. So, it's not a broad based tech rise.
Silver seems to do badly with market crashes. Silver does have industrial uses, so maybe it's not a surprise to see its price fall in a recession. Americans own a lot of silver, so they might have had to sell some during previous stock crashes, to pay the loans.
Of greatest interest is the 1970s market crash that saw a huge increase in the gold price. I would argue that that scenario is the most likely to be repeated when people ditch their Facebook shares this time around. Governments will respond to the next stock crash with yet more money printing, which will head towards commodities and precious metals. Then, the next Maggie and Ronnie show will begin all over again and I'll be ready to sell them all my gold for a ridiculously high price.
At the moment, gold and Centamin are gathering strength for the coming storm.
Shares on major European stock markets moved slightly higher during premarket trading on Friday as traders awaited the final euro area consumer price index report for June.
The previous inflation reading revealed consumer prices rose 1.9% on the year, however, policymakers expect price pressures to accelerate in the second half of the year. Nevertheless, European Central Bank reiterated in recent weeks that they will wait for a full economic recovery before removing support measures.
The DAX added 0.07% at 8:00 am CET, while the CAC 40 was up 0.08%. Meanwhile, the FTSE 100 gained 0.25% in London.
The euro declined 0.05% against the dollar at 8:05 am CET, buying 1.18049.
Breaking the News / JC
*And the pound?
Happy Friday y’al
Too late, Mr B. I was born gaga.
Ah, the sun. I feel so much better in the sun. I just hope it can keep shining here in Britain and not turn into a muggy thunderstorm too soon.
I have lot's of sun everyday.
Be careful or you'll end up gaga same as me.
Yes Mr B. Capital. I've had too much sun today, it would seem.
Hi Mr Tibbles
That sounds like our school dinners.
We weren't allowed to be naughty at school - there were too many witches on the prowl, so it was wise to behave.
Ha ha .
Think you mean Capitol.
Endeavor is bad language to many :-)
It's the lowest level of shorts they've had for a while. A wise move - the Endevour report this morning shows their Centamin contract is running nicely to plan this year. A good set of Centamin results should give the share price a lift.
Hi Red,
I remmber how the girls would annoy deputy headmistress Mrs Howard (The Gorgan) by singing this little ryme in the school playground as a line of up to six girls at a time jumped over the long skipping rope,
"Snot and gobble custard"
"Scab and apple pie"
"All mixed up with a dead dogs eye"
"Get a bit of bread and spread it on thick"
"Then swill it down with a cup of cold sick!"
Oh what fun!
Sums up the policies of our present government a treat!
Worldquant now down below the notifiable threshold after selling some yesterday...our rise today maybe partially down to them reducing still further today
B3 not in place in UK yet alas.