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.
From Nimrod SLP - interesting read
09:29
hXXps://www.sharecafe.com.au/2020/02/24/palladium-shines-as-commodities-shake-off-virus-fears/
I did indeed used post on II Mick but moved over to LSE a few years back and only post here now. NIce to cross paths again and if you're even close to $2000 POG this year then much upside still to come here I expect. ( make up for FRR and indeed other oilers I still widely hold which are getting hammered.. indeed, to a meaningful extent, there seems an inverse relationship between POG and PoO&G.. so some sort of stock picking hedging potential there maybe)
I also topped up here this morning but don't have as much in this as I was planning and I'm still reticent about paying higher than late 70's p here.. so one more top up for me in mid late 70's if/when it goes there and that may be it..pity I didn't buy more last week, especially in the early 60's when I nearly did... but I didn't expect the coronavirus to spread this widely/significantly in truth.. (the mortality rates remain low from it though, at least.. and it won't stay alive in the air for as long as spring warmth comes.. so I hope it will be not cause widespread human and economic destruction.. and then PoG might easily fall back somewhat. )
I've still got 15k tied up with FRR I remember reading the iii boards and you commented alot on the share the share doesnt owe me anything as banked profit as in 0.6p's dabbled with a forex account and lost 15k in a month with 100:1 leverage it was a bad decision made my money back on eua and got out a week before that suspended I think the trick is to find a decent fundamental share which can move with hype and use the RSI trend tool to take profits when around the 70 -80 mark good luck with future investments got 40k of my SIPP in this as I see gold hitting $2000 this year JMO
Yes agree thats good business i also bought a few at 7.7 which are doing well , its the ones i got at 7 quid that were the problem lol
I sold all at 67p a few months ago....I bought back today at...67p.
Well, good for tax reasons anyway, realising some gains.
ps I have my fair share of mare holdings too btw.. eg SAVP and Bagr are a particular mare for me right now..
AIM is a cesspit imho.. and for hard core gamblers only ...which I see myself absolutely as
I was indeed Mick.. but got very lucky .. as had banked 20k plus profit altogether - low average and taking profits as I went- and only have 2.5k gbp left in when it was delisted.. feel sorry for many there .. but the game may not be over yet there, hopefully (I'm barely/not following the twists and turns in truth and have just assumed my 2.5k is dead ) I hope you weren't meaningfully exposed there when suspended/delisted
Nice to michu was you in a share FRR?
maybe you're right Freddie... but, as ever, much chance involved.. and in those miserable times an awful lot of new shares were issued and the s/p went as low as the 5-6p range .. my average hold price was very low there off the back of that.. so 7p to 20p for eg is the context of shares in issue is very good going already imho..
Good post Shareminator. I'm confident the TSG share price will outperform other gold stocks as it has plenty of room to recover whilst others are sitting at multi -year highs
Suprised you have sold out pog , think their journey is about to start after years of misery , good luck tho
Great to be on board here.. I'm liking this share more and more and have been buying in by small increment over last few days.. I've had a fine run on POG.L and have incrementally sold out most of that position now and in looking for replacement goldie in my P/F I've settled on this one.
lots of room for upside here imho.. and having started buying in 50's I'm a continued buyer deep into 70's p, at least..
Good luck to all fellow holders here !
Not to mention the super low Russian subsidised energy costs for this mine.
Great post by Shareminator
topped up but had to pay over the odds .... still happy
I kept faith with HOC at 1.59 .... that was 10 days ago and today it’s 2.04 and I’m seeing the same bubbling on this stock so I’m topping up ..... this is like printing money imho for every $ gold rises it becomes pure profit the AISC remains the same so its $200 per oz extra on the bottom line... and the 2000 forecast for this year is on course. It’s madness $$$$$$$
The share price climbed to 130p+ during the rally last autumn when gold climbed $250 peaking at around $1550/oz. Since then we have had a resource & reserve downgrade of around 200koz which crippled the share price followed by a confirmed 1moz mineral resource statement (Rodnikova), preliminary drilling results with further exploration planned this year and similar guidance to 2019.
The gold price has risen from $1460 in December to $1640 today and the company is arguably in a better financial position than it was last autumn. The company has delayed a special dividend this spring owing to the one off buyback of 22.9 million shares at 33p each, clear long term shareholder value and which is likely to be remedied later this year.
Considering how profitable this operation was at $1300/oz there is incredible value waiting to be unlocked here.
Catalysts include:
- Further strengthening of gold price
- Increased margins for the remainder of the year
- Drill results through the second half of the year
- Very quick reduction of debt (used for buyback)
- Cash returned in the form of special dividend
- Rodnikova early production planned