The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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mulder, have you signed the uk petition to stop shorting? please do because it's cruel and destructive and plain bull ****e!
for those of you interested in banning share shorting
https://petition.parliament.uk/petitions/657294/signatures/new
Very high volume in SA today and a very strong rise.
LSE stock continues to be held down, illegally.
Tomorrow we will fly again :)
Same story again.
0.5p shaved off.
''Currently sitting on 50% (paper) profit. Thinking of cashing in..''
Perfect for a topslice??
Current P/E is only five, faling to four with Mintails.
30p should be a bare minimum.
Iv been sitting here since 13p will only be selling when SP is over 30s, interest rates are being cut this year, the next few years are the years miners been waiting for and with Mintals going live by year end, there’s no way this is going to be in the 20s
Currently sitting on 50% (paper) profit. Thinking of cashing in...
Do you reckon?
Chances of a takeover bid, given the super low rating here?
Before*
With current gold price above 2100 this should be near the 30s and it’s on the way there (we are being re rated ) 26p is pivot point and up to the 30s…
Moving up now though.Just a matter of time below this shoots up
Who bothered to contact the FCA?
https://www.fca.org.uk/market-abuse-reporting-form
With such price of gold, the Consort mine in PAF portfolio might contribute a lot to annual production. Now clear why Loots left it
Well I guess all the companies listed promise lots of sunshine in the future, but SRB stands out (if to be believed) as they reckon on doubling production by end of 2025.
Equinox Gold reckon on a production in 2024 of 660,000 to 750,000oz which if taking the average would be 705,000oz compared to 2023 figure would indicate a rise in production of 24.9%. The others are a bit mixed.
Hi nimrod22. Will any of these be incrementing their potential production by 25% like PAF in 2024 ?
The Mintails project is set to start in a few months and expected to deliver 50k oz per annum.
HOC produced 186,744oz of gold and 9.5 million oz of silver in 2023, a P/E rolling 1yr of 7.5.
WPM produced 374,00oz Gold and has a P/E rolling 1 yr of 29.6.
EQX (Equinox) produced 564,458oz Gold, P/E rolling 21.7.
SRB produced 33,000oz gold P/E 5.1.
MTL produced 85,744oz Gold P/E 3.6
SHG produced 100,571oz Gold P/E 11.6.
I doubt any of those you list have production topping 200K nor a forward P/E as low as 4.
Is it likely the company will increase divi with increased profits or will they pay off debt?
At adding to my various Gold mining shares; PAF, SRB, MTL, SHG, HOC, WPM, EQX etc and wanted one that has a low spread which would be easier to exit when wanted. PAF fits the bill for easy trading as does HOC. Some of the holdings such as SRB and MTL have greater upward momentum, but may prove more awkward to unload in any large quantities. In the last month Gold Bullion up 7.7% in dollar terms. PAF up 23%, SRB 20%, MTL 49%, HOC 16%, WPM -2.8% (though up 15% over last 2 weeks), and EQX 9% up. So the smaller Gold miners are increasing in multiples of the bullion price and the legs to run much higher in my view.
It's got to come.Like you say Mulder theres no intrinsic value in BTC.Its a ponzi scheme.
Yeah, it's odd that people haven't piled into miners (yet).
Gold up 8% since Valentines which should mean PAF up by about 18%, which actually it is (as each percentage point means a bit more than double the percentage as an increase in profits).
That said, it's the nature of the gold price consistently averaging above 2000 since December that like others I would think makes miners still a bargain.
IMO It means none of Mintails is yet priced in, so surely another big boost late this year.
.
closed below where it should have vs jse price - again.
islandgirl - because a lot of them are in ****(bit)coin which has no intrinsic value and no history. gold has been around for thousands of years.