We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Q2 GDP: -1.0% (latest Atlanta Fed)
I did notice that - they are clowns ;)
1 share on a UT
I'm confused by Ptitbru's comments. Why would a quadrupling of gold from 1 million to 4 million ounces make you nervous?
Pretty good value for $10 million capex
Maybe - time will tell :)
I tweeted this just before it kicked off back to $1,825:
https://twitter.com/bonker_99/status/1542480086649167873?s=20&t=uiu87IMVW4kqauGxRdw4cQ
could that have been bottom on Gold? That’s some reversal aligned to end Q2.
I enjoyed the conflation of mining Gold costing us at Yanfolila with reference to the 2x projects that aren't in production yet ;)
Ptibru,
..."But this type of RNS make me a bit nervous"...
Not sure this RNS would make you nervous? HU promised a R&R Update by 30th June and have delivered that promise on time today. Personally, it makes me more nervous when Companies do not meet timescales promised....
BB2
Bunker Hill holding, that's a good point I forgot about that!!!
Not sure if that the lastest info but found this (Feb 2020):
HUM holds 4,052,857 Common Shares, equating to an interest in Bunker Hill of 5.8 per cent.
Bunker Hill Market Capitalisation is 29M USD so HUM owns arround 1.6M USD
BTW - you'll like this - the ADP payroll report is being "suspended" for July (I hear it's carnage in the US already ...) and being mangled to report different numbers via a different method when it reappears in August.
Make of that what you will.
**** poor as usual. You rampers are delusional if you actually believe the tripe you spout. Reluctantly holding quite a few of these at a massive loss. Fingers crossed I someone recover some of my investment. I should be sensible and sell up, but with these losses I am past caring.
That's ok - all part of the game :)
Investment position aside - I'm genuinely interested to see how they play it from here - I'm hoping they batter Gold and Silver in the coming weeks for some more physical metal buying and, hopefully, even better value here so let's see how it goes.
#Bonker99 This is a busy time for the trolls now there isn't much time left for them... Lower lows getting matched against higher RSI lows, across all major session charts now.
:)
13p eh?
Methinks your tits are in for a long wait...
Interesting isn't it - it's so oversold on the daily RSI that wherever it's going it's not likely to stay there, in the short-term at least.
I'll laugh my tits off if they end up placing at 13p :D
You also have the little issue of owing 100 million as well as the market cap
When you can potentially sell one out of three assets for close to your entire market cap, why would you issue shares?
Can someone remind me what our Bunker Hill holding is worth? I imagine that could also raise a few pennies to keep the lights on?
Well I like 10.15p but let's see if I'm right - took some more @10.35p but it's not showed up.
Seems like a long road back to the mid 20s
If we need a raise to let the "market" move her to where she really should be already (at least mid 20s) then bring it on.
We are here because HUM is very cheap! But this type of RNS make me a bit nervous.... Maybe they are preparing a raise.... At the moment extracting gold cost us, so the quantity is irrelevant.... HUM is my bigger position but starting to doubt about my choice
Morning.
That's more or less where I expected us to be then.
2.75m oz of #Gold reserves net to HUM marked to market @ just $18.50 per oz
5.3m oz of #Gold resources net to HUM marked to market @ just $9.60 per oz
If there's better value out there then I don't know where it is.
If Gold plays nicely in the year(s) ahead then we stand to make a killing from this mcap.
Agreed. It certainly appears that there is a lot being done here to control the situation and the narrative. It's just not being published.
I accept there is the Vox markets seminar of course coming up too but even still...