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Think that's two 5M buys at 23p from this morning. POG also still looking good...$2,294 at time of writing...
Let's hope that's it then. 22.3 became a problem again, but at least the new barrier is 23p, which is higher.
So even more reason to contact the FCA.
5M shares traded at a price of 23p when the SP has not been anywhere near that level all day!
Yes at 23 definitely a buy but also there was a recurrent sell trade going on.
Anyhow buy or sells I am looking at POG new record high, one every day now, this is unprecedented
even Forbes article today was recommending loading up on gold and miners..
And yet PAF close in red today, 2 £1mil buys is not a small amount.lets see what happens next few days,
all my other goldies are motoring up, come on Paf
I guess that’s the gap Filled :)
Two one mil buys!! Someone is accumulating!!!
ALL of you need to complete this. It takes 2 minutes!
https://www.fca.org.uk/markets/market-abuse/how-report-suspected-market-abuse-individual
Have to say retracement has been minimal.
I read few in the sector expecting a correction with support around 2150ish,
but the way is going up and staying up is remarkable.
It doesn't matter what the USD is doing POG keeps rising. Some saying that POG will go up also when there will be a correction in the market, I wonder if yesterday push higher was such case...with indexes coming down.
Interesting times but at this rate 25000 is definitely on the card.
AIMO
GP $2285...
24p surely sooner than later
Some large trades around 22.15 /22.5p yesterday. Mulder will be instigating more complaints if the market makers keep wandering the price down to do scoop all these lower price trades.
Wil PAF close higher tomorrow with Gold currently at 2297? lol
Have to say on my chart day candle it opened with a gap today, and retrace was inevitable, better fill the gaps now than later.
Price should carry on rising from here.
IMO
I know its nuts!!
The MM's may have walked the price around to acommodate my limit buy order. (15.59 at 22.1345)
I've seen this kind of thing a few times with all kinds of different shares over the years when I've put in a large (for me) limit orders.
? ? ?
Wow gold at 2280, mind you it must be with very low volumes, RSI is overbought and a small correction/consolidation may be due.
Still mid long terms by the time they cut rates we could be way past 2500.
aimo
Get ready to break 24 tomorrow!! Re elections ANC wins every year no change there for years…
Just wondering what your take will be with the election looming? Effect in the short term on the sp? I'd say quite critical one!
I'd value your opinions?
Of the 75 buys and sells by directors they have been all purchases except for 3 sells in June 2021, and one other in November 2010. So a good vote of confidence from them.
55% of shares are held by the top holders.
Meets the Josef Lakonishok Momentum Screen(Momentum Investing) criteria.
Trading volume 10 day vs three months has increased 47.8%.
Since the 150dma line crossed the 200 dma on the 6th Feb the share price has gone up 28%. Lets hope that there's not a general market correction in the near future as it will dampen the SP moving forward.
Looking good for next week
https://www.tradingview.com/news/tradingview:fd7350412094b:0-xau-usd-gold-prices-blast-off-to-new-record-above-2-235-on-safe-haven-buying/
By the way PAF just close at new high for the year.
Next day close is 24p of 13/04/22 with 27.10 day been all time high.
As from lates interim result PAF was trading at forward PE of 6. Recent POG rise have reduced PE to 4 implying a 50%
sp appreciation in near terms with more upside coming from POG and production increases...
Definitely a new all time high sp coming IMO.
Have a feeling Gold will skyrocket the way price is moving.
Mind you there can be lots of volatility in the way but trend is very much upwards..
Conversely if/when the Fed will actually start to lower rates it could be when Gold has topped (buy the rumour sell the news) but this is very much months away and at this rate who knows POG may settle easily above $2500 with Gold miners doubling in price this year.
All my conjecture theories...but POG is telling the story.
Have position in PAF, CBX and GAU. For me the best miners out there offering fully funded growing production with good balance sheet and decent geographical risk.
Closed today and Monday. We'll see on Tuesday))
Gold price is astounding.
Tomorrow we break the 23 barrier :)
Of course it's a big 'if' but if gold remained around these levels we are looking at a large net cash position next year and annual profits of >$200 million.
Forward P/E just three (with Mintails), based on 240K production.