Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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It was very easy to trade my entire holding this morning mapp. Difficulty buying and selling at times is the same as any other share with such few in issue, but does bring it's own benefits when that share becomes hot property
Mrdigit, OMI is difficult to trade. I was advised by HL to sell the lot
and was not allowed to buy shares.
A rhyme of mine in memory.
If I can't buy I cannot sell.
HL wants me to go to hell.
My Diary sums up on-line broking.
Beware!
Which will be far more likely with the current, and predicted future gold price, also likely to be in a short time period due to that
Gold for 2023, 0 ounces.....
Gold for 2024, 0 ounces.....
The future? Yes Gold, copper and other minerals will eventually be recovered and processed. But right now this is still just an interesting exploration company looking for a partner with money.
Rob, gold will surprise to the upside. A few hundred dollar pullback will occur, but from $3,000 imho. etf gold outflows still occurring and the public are not on board yet.
Lol
O Lord, give us our daily tweet.
Its malleability, ability to conduct electricity, and ability to be alloyed with a variety of other metals make it useful in manufacturing, in more applications than you might expect. Because thin layers of gold reflect radiation, this ancient metal is now being used on space vehicles.
Common Products Made of Gold
Jewelry
Currency
Bullion and investment coins
Electronics, including computers and cellphones
Aerospace components
Dental appliances (the use of gold to make them is declining)
Products Containing Gold that Are Used in Health Care
Medicines containing gold have been used to fight arthritis, ulcers, and even some cancers
Implantable devices and surgical tools because gold, like platinum, does not react chemically with human tissues
Read on
https://www.specialtymetals.com/blog/2021/11/1/how-gold-is-used-in-industrial-and-manufacturing-processes#:~:text=Its%20malleability%2C%20ability%20to%20conduct,being%20used%20on%20space%20vehicles.
Love that tweet, simple, but says it all about our position. Right place, right asset, right time
Although it does have industry applications also.
$1398 oz Gold live.
£1916 oz
Gold flying 2415. Latest OMI tweet.
https://x.com/OrosurM/status/1778689859777081566?t=vwd2KXwbA0yj0lX87lgSaQ&s=35
MM know the huge demand that will be coming here very shortly. Of course they want as many cheap shares as they can get. We all know what happens when OMI goes on a run. It can go parabolic.
In the meantime get ready for the 5s here. To think
we haven’t even had the big RNS yet! GLA
I'm more concerned about the so called "sensible posters" here to be very frank, and we've a few of those material ones too!
So do I bhargav. They really got my motor running :)
Leematt in my books is alright...you need multi dimension characters here...its insane to be over positive or ramping here...although I'm missing Golden Car!
Poor leematt probs got mugged...critter
That in itself a great sign....encouraging to know the appetite for liquidity is on the rise.
I can sell my entire holding in one go on HL, I have never seen that before! They are after as much as they can get
Will clearly be pull backs Rob. When inflation data came out a few days ago the gold price slammed down only to blast up even harder. Shorts apparently increased but from what I'm reading there is just insatiable appetite to buy gold currently. Targets are off the table in this climate. World is bonkers.
Gold getting ready for a pull back and silver too 30dollars for silver and gold gone vertical so a pull back on cards by a few hundred dollars at least. Nothing goes up in straight lines,
Short pull back then onwards and upwards for silver and gold. Still think 2535 possible this year and maybe alot more.
Unlike recessions times, its intriguing that the vast media is keeping quiet about the new Gold bull while Central banks are piling up?
Scary to think tapering not even started. Sticky sticky inflation in US and at ATH in gold. Unloved mining sector finally going to wake up?
A frenzy for gold stocks, and a frenzy for majors to acquire exiting new highly prospective gold sites...Come on Brad, keep bring out those high grades!
Anybody that bought yesterday hats off to you. Impeccable timing :)