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Sushi,
"They bought in too early"
Your vision, particularly your 20/20 hindsight astounds me and I salute you.
Talking more sensibly, you got lucky and I didn't, simple, because I bought with the same story underplaying it as you.
I suspect you're right in the long term, but I'll still bet this fall's back beforehand.
Charts poised to break out of a triangular pattern on the upside. Once $1800 cleared, sky's the limit.
Yes Bushy, great for new buyers but shame for stale bulls. They bought in too early. Excellent entry for the astute. I have my eyes on the lovely grades. And the possibility of getting another 100,000 oz of gold. I see this going up from here. My profit is others loss. Cant help that.
I noticed them Sushi and added again, purely to take the new add back out north of 20p. Too good of an opportunity
Cherrybrun.
I am in profit mate and expect to be 17% up next week and another 17% not long after that. Great drop for me this morning. I am happy with my entry. Seems most did not noticed them world class grades and was distracted by the update. I know a good entry when I see one.
Just lets see if we got rid of some stale bulls. Strong buy here for me.
If you're wondering about that flurry of big buying - that was Gold going to $1,800 just now.
No, cherryburn, I'm the one with the 30p average, which is why I call this a total dog.
I would be happy to have a 17p average though.
Agreed, the constant repetition sounds like blatant ramping.
Who cares? :)
Stick to what matters:
Gold is tracking the 10-year UP exactly as I predicted it would do some time back.
I suspect that sushi is well under water on this share looking at his posts today and is desperate for this to get back to say 30p which may be his average purchase price. ?
super please with my entry price. Super positive that the 17% temporary drop will turnaround. And another 17% on top of that as a minimum. I see this as a strong buy at this level. All upside from here. Just enthusiastic about my buy.
I am looking at Kouroussa and its potential. This drop was good for me. I am happy with this entry and I am a new investor.
Nervous perhaps but he shouldn't be.
$1,795
@Iloveshushi : 14 similar posts today - what's on your agenda ?
Excellent buy at the price. Good entry. Sorry for LTH. But this is good for new investors. Roll on Kouroussa and add another 100 oz and we will have 200,000oz out fit. Double todays low price on entry early on. Happy with my buy.
Highly recommended for new investors. Fill your boots for next positive update on Kouroussa. Strong buy and easy 17% upside from here. Little downside risk now.
And I should think so too :)
So - the chart then - a lopsided Inverse Head & Shoulders with the head at the 17p bottom print today, shoulders at 22-23p.
I.E. shock , horror a c28p target.
Moving averages - quickly climbing MA20 at 18p, MA50 going sideways at 18p, slowly dropping MA200 at, yes, c22p.
Drop the right news in the coming days/weeks and it's a Golden Cross in the making somewhere above the current price but they can drag this sideways for a while yet of course.
The reaction to this news and the drop was to my benefit. I expect this to turnaround quickly enough. Back to where it was yesterday and I am 17% up. Add Kouroussa and its 100,000 and this is a super outfit I see no reason there is another 17% as a minimum. All upside for me.
Very happy with my buy and the world class grades that seemed to be over-looked...
the reaction on this news is a joke ... they hadsome problems with equipment and lost 2000-3000 oz of gold this quarter.. ok , not so goot but no catastrophe ... Q4 will be better again ... second procect on track ... there is no need sending this stock down 17% ...
as described they has some expenses like drilling 2 projects , VAT , developement costs... thats why cash-outflow of some millions ... but this will turn around in coming quarters ...
..@all no catastrophe
Hold for Gold. Soon 100,000 oz of Gold, will be 200,000 and a double market value and a doubling of the share price. Happy with this drop and happy to be a new investor here...Very happy with this drop..
Keep your eye on Kouroussa world class grades... more news soon...