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Whilst recent months have been in a clear down trend recently this trend is looking to change and imo will change very quickly
Level 2 this morning improved from 1v3 to now 2v2 and I expect a tick or two up today.
The bulls could be back in charge very shortly
GOLD still flying !!
Thank god for some positivity sirmark ๐๐
A nice 500k buy order this morning ... I expect more to follow as we start to gain traction and the sp test the 6.5p and 7p as we target higher sp's in the coming weeks and months.
The change is in play IMO
As mentioned earlier a tick up was coming .. let's see this get above the 6.5 and we can really start to get some momentum as we break out !
752,000 decent buy order gone through as well... things are looking more positive today... have we finally turned.. IMO yes and this is the time to buy get ahead of the crowd as they'll b plenty ready to get in as gold is at record highs a short squeeze to come as well as the oldest and most important change.. sentiment and momentum !
1,000,0000 trade 6.25 ... things are heating up... everyone ready for a leg up !
Any sign of Actus closing their short so we can get proper momentum?
Not yet, personally I've learnt not to worry too much about the existing shorts and when they are going to close... obviously new shorts would be a concern but with the existing they'll close when they close and ill treat that as a nice bonus when it comes but the momentum is now shifting and is the time to buy and hold !
Buys at 6.25p v sells at 6,21p
Plenty of buys now at 6.25p
Not mine!
Closed the Crude short this morning. 99 Red balloons, No 500 Green Balloons! 20%25% of that here.
JD you are a card ๐
One of the highest prices paid for a large trade 6.275p
13:43:09 - 6.275 - 516,079
142 trades, tells you all you need to know.
Hi All. No matter how much a few new longs here try to push up the SP the only thing that changes things will be the RNS stating "we bought back the farm with debt, a royalty and twiggy increasing his stake" ATB Speedy
Hi Speedie
Would be better โweโve bought the farm back with no debtโ ๐
As we await for a much needed positive update, would be interested to listen to views about potential finance options to purchase the Teller plant and the remaining 70% of HAV.
I would prefer debt be involved to reduce the issue of new equity to raise the monies. If the banks are ready with +$200mill hopefully they can push it further.
Desert trader,Forrest/Wyloo can take the 70% easily,then low ball ,starve out GGP,to get the lot,then ipo to repeat fmg success,why do you think the bod has been increased with 'his' people?Why use the private company to 'invest' here?The money put in is nothing if he scoops the whole show
If you are right IoT have you sold out of GGP?
Well even the most optimistic lthโs must be a bit fed up with the silence , at present we have 30% of a large gold deposit , which has come to a standstill . We still donโt know if it will be feasible to mine it , then if we do buy the remaining 70% we immediately treble our exposure to all the costs . Telfer currenty down ( allegedly) and i doubt anyone is queuing up to buy what could become an expensive liability. Sd is 3.5 years into his expected 5 or 6 year tenure , it really is a riddle atm . What is happening with all the drilling teams , trucks , have they been transferred elsewhere, lots of questions and we need some answers
Fred you can have a glass half empty view or glass half full view.
I know that mh itโs just becoming very tiresome , surely not just for me lol but at least ufo on the move lol
Silence can be 'golden'!
My hope and vision is of SD peddling furiously beneath the waters surface with a view to causing a future tsunami to shake up the Paterson once he has negotiated a deal!
I get that it seems we are unloved. After all NCM purportedly walked away from a further 5 % and NEM walked away from the lot!
A deep cavernous orebody with an ailing milling plant alongside it, may well not to be to everyone's taste and they can afford to move on.
SD on the other hand, is trying to form and grow a new' kid in town'...a tiny explore turned miner who will grow with the region and with his formidable team of heavy hitters.
All someone needs to do is water the grass that is the Paterson, because there are a ton of tenures waiting to be groomed, watered and nurtured to bloom hopefully into new golden trees across that currently barren looking dirt!
I hope I am right. I think I am right. Hence I am holding tight!
JK Rowling's Harry Potter got rejected by hundreds of publisher's before one took her on. More fool them!
GLA!
Ah Ace, Learned from a friend in NYC a lot of word substitutes. I may have got it a little wrong but i don't care. Just going about my day with a smile on my face.