George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Hi Tibbs
We have somewhat diverse views on different things but I totally agree and support your sanguine and considered views as you have posted here.
Bob
Hi,
Since buying Centamin shares I have been looking back through these pages at some of the comments and links to articles by others which I may need to be aware of and from what I can tell Cowichan has been a member for a long time and does seem to provide lots of information on things that have helped me to understand more about my investment.
From going back and looking at some of the information posted by other members it seems clear that the previous management weren't really the right people to be running Centamin as it was their fault that the open pit at Sukari nearly collapsed and this is why the share price is less than half of what it was a few years ago.
I do hope that the new management make a better job of things!
Bye
Pam
I hope Cowichan is ok. Although some will not agree he is an asset to this board providing lots of useful information.
HiMadtway,
Personally I think its a great pity because there is little to be gained from groups in any walk of life who only want to hear the views and opinion that are the same as theirs and such groups are soon regarded as being insignificant and of little consequence.
1 Dec 2023
In this week’s episode of Live from the Vault, Andrew Maguire prepares us for 2024 with a new-look studio and shares some explosive predictions for next year and a recap of 2023’s stair steps.
Looking back at the very first episode of LFTV, when Andrew first predicted a gold price reset, it is now time to reveal what the economic effects of this might be. The precious metals expert explains how the coming shock might even be weaponised.
https://tinyurl.com/yc3hmwhb
Cowichan has gone quiet.!!!
The price of spot gold rose on Friday to its highest level since the beginning of May after United States Federal Reserve Jerome Powell reiterated the central bank will hike interest rates more if necessary, indicating the institution is not yet done with its monetary policy tightening and pushing investors toward this safe-haven commodity.
Gold grew by 1.01% at 11:18 am ET to sell for $2,056.709 per ounce. Silver increased by 0.22% to go for $25.32 per ounce. Platinum, on the other hand, declined by 0.60% to sell for $926.81 per ounce. Palladium dropped by 0.63%, going for $994.35 per ounce.
Baha Breaking News (BBN) / JR
Centamin held its ground and the ETFs caught up later after UK close. Will be interesting to see what happens next week. Gold daily RSI at 71 not quite as red hot as Centamin at 81.
2075!
The price is flying a bit now. Wheres "No Fear" ? He usually appears and starts shouting whenever the POG rises.
$2066 at the moment.
And India is bidding to hold whichever COP it it in 2028…!?!?
It’s not just the number of delegates etc attending , it’s all their entourages, hangers-on, bag carriers etc ….I think the Egypt COP counted 400,000 attendees plus extras etc present. What’s wrong with Zoom? Can’t wait to see Just Stop Oil protesting in UAE…love a bit of spectator sport
ETFs have now started to sell off. Interesting to see if CEY can hold gains.
All behaving the same way on RSI and stochastics.
It is always the same. You should look at the type of menus these jollies offer, too.
Hopefully someone will leak photos of them, as has happened elsewhere in the past in one or another of these 'summits'.
Extravagent food and drink from all corners of the globe.
They really are laughing at us. But I guess we get the 'leaders' that we deserve. Hey ho.
Has anyone counted how many private jets there are as the delegates arrive for this climate boondoggle?
That would be very interesting. Hypocrisy and Do as I say, not as I do spring to mind.
Hi Paul, when the GP dipped to 1825 in October, the back of my envelope says Cey will have recovered somewhere in the region of a million bucks from the put option (would appreciate anyone else's maths on this - I make it two weeks at an average 1850 means they could have recovered 50 bucks an ounce on around 20,000oz ?) That means they're still around 5 million in the hole but still have 20,000oz a month guaranteed at 1900 until the end of June 2024. This seems a sensible move when you're about to plough $400m into the ground in West Africa?
It’s old school and the clever, successful traders have all moved on-
Gomez trying getting that point over to all the Kitco and Gold News analysts. The editorials are full of both chart and fundamental analysts.
In this AI world charts are pointless- and have been for a long time - things have moved on, and data availability and algos work differently these days- charts are old school
Weekly stochastics on gold are 100%. Daily RSI is on 69. Gold also on a rally in the UK market but has now gapped out USA. Usually USA market closes the gaps.
Steve
Charts usually do not go up in straight lines. Quite often we get dips on the way when it is overbought, the share gets refuelled after some profit taking and we see higher highs and higher lows on an upswing as it gets rebought. The RSI indicator I am looking at is the daily. Perhaps someone is taking a punt on drilling results which is the news you refer to.
All eyes are on Dubai as global leaders and scientists meet today for the 28th UN Climate Change Conference (COP28).
The Ganges is one of the most sacred rivers in the world and yet is also one of the most polluted. Oliver Franklin-Wallis discovers the true cost of cheap leather goods.
https://www.bbc.co.uk/programmes/m001sv3l
Hi Somnamna,
I have expressed to Centamin IR many times over the years that it needs to be "Blowing its own trumpet".
It was Buchanan that persuaded Centamin to start doing the investor meet web presentations but the new PR company seems to gone to sleep!
I just think it's another example where the charts are just a pure 50/50 gamble- a stock can only go up or down so it's 50/50. I prefer key data which drives SP, charts just reflect this data.
It has become way overbought and continues to go higher. RSI now approaching 80. When shares get overbought it is tricky to join the rally as at some point one expects a consolidation pull back for 2 or 3 days. Yesterday ended up flat but the RSI hardly called down at all. Certainly lively this morning.