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Well I'm going to put my buying boots on this week I sold 50% of my holding at 10.6p a few short weeks ago I can't quite believe this gift can remember when it was easy money to trade between 28/35p and this 7/10p is a no Brainer come on everyone it should be a no Brainer for you to !!
I think you need no brain too buy this carp tbh.
Steve be careful in thinking that your recent rally from ~7 to 11p will immediately happen again. I think that was both a technical & pump & dump bounce. The share price has been in a big downtrend since ~ April 2022.
I’ll be looking for something very positive from the directors soonish, or else I’ll be expecting the 5-4p range.
This is posted from someone who’s held for nearly 10.5 years at an average of around 25p.
Atb
If it makes you feel any better RICH3R I too have a ton of these at an average of over 20p too. When it went sub 16p I thought it was a steal so topped up big time. Still, I still believe... just!
All the best, mate... either way we're heading for sub 4p or north if 40p soon :'l)
Many thanks highflyigman , best of luck
Good morning adikt.
You appear to have missed my earlier yesterday post regarding mather.
You've often posted that mather is yesterday news, and has little or no input in the running of solg.
I'm interested if your view has changed, now that he clearly has an important position on the nomination committee.
A position where he actually chooses who he wants as directors, and I believe oversees the ceo.
It would appear that nothings changed.
I eagerly await your responce
I'll help you out as you appear not to understand the situation.
NM is one member of a three man Appointments Committee. The other two represent the change in influence which occurred when the merger/reverse takeover took place. Mather can be out voted at any time. He does not serve on any of the other board committees.
But let's put your misunderstanding to one side and focus on the important bit, which is that Mather had a sea change of opinion and is now on the same side as SC in his wish to sell the company/Cascabel. This has been fully detailed in DC's court submission. As much as you like to think Mather is calling the shots, he's actually working with the new team and shares their strategic goals. Incidentally, he's got his work cut out trying to salvage the mess at DGR, which I imagine is taking up most of his time.
Hope this helps.
Adikt. Your complete refusal to admit, that even your elaborate theories and brainwaves, can be proven incorrect, when the facts show otherwise is amusing.
You have stated on many occasions mather has been sidelined.
He has just been shown to be a member of one of the most influential committees.
And you tell us it's because he's had a sea change.
Staggering.!!!!!!
Hi Steve.
Fed rate decision next week and I think it’s almost 50/50 they smell the coffee and cut rates
If I was going to buy more I’d look at loading before then and laying if they don’t cut
1984 I think they'll hold rates as they are again this month and look to cut in March and May. They'll definitely look to reduce interest rates this year imo.
Https://www.marketwatch.com/investing/index/shcomp?countrycode=cn
china's stockmarket downtrend,isnt helping
Evening Trojan/hfh
The headwinds are mounting fast. Maybe they’ll hold but that will lead to a 50 point cut next month
A 25 point cut next week reignites the stock market
The BoE are too thick (well Bailey is) to see the impending crash but I’m not sure the fed are as stupid. It’s 50% chance IMO which is why I’d say load Tuesday lay Wednesday if it doesn’t happen
1984investor
ime no forex trader,but i would have thought,if the fed cuts.
that should send the dollar lower.....sending metal prices higher
eurozone CPI data,due this thursday,i think it is
Yeah I use market watch for my calendar
The dollar may soften but it’s temporary because as the saying goes when the US sneezes the world
Catches a cold
Softening dollar would boost commodities but solgold isn’t linked to spot prices. It’s linked to sentiment
If rates begin to fall then it means finance is falling and that it is the barrier to developing these assets. When finance falls, suitors increase and the majors will have to make their move
Heres an indicator that most arnt familiar with.....the baltic dry index
mainly iron ore and oil,are the main contributors,by WEIGHT.
but if you click onto the full chart...40 years or so
it clearly shows the highs and lows......in the mining cycles
https://tradingeconomics.com/commodity/baltic
2007,being a beauty,until the banks crashed and the dollar,went into a bull trend
I’ve seen it before. It’s definitely interesting
My focus is on the dwindling levels of M1/2 in the US and belatedly here in the U.K.
We are closing in rapidly on another credit crunch event similar to 2007/8
1984investor
every time we get a stockmarket downturn,or recession.
you get all the rumours of ballooning debt market,imploding.
but it never happens,
the US and UK housebuilders are doing ok,just look at our psn,its not saying recession,the yanks housing doing ok
https://www.cnbc.com/2024/01/10/mortgage-demand-jumps-nearly-10percent-to-start-the-year-even-as-interest-rates-tick-up-again.html
if anything,the yanks are doing pretty good,GDP expected to be be 2/3% for 2023.
anyway,the bond markets are a barometer for the debt market and atm...its driven by inflation.(and coming off last years peaks,yield wise)
nitezzzzzzzz
the CEO was on bloomberg last week and he said,the biggest headwing,was energy costs ballooning.
Energy costs are self inflicted for the U.K. less so for the US because they had the good sense to frack under the (returning) Trump
We have a storm here of rising material and wage costs, increasing housing demand and decreasing affordability because of interest rates
The only thing we have have easy control of is rates. They will be headed back to zero this year for sure
Interest rates will never go back to pre 2021 rates again(historic lows).....for many years .
most think 2%,is a more normal level.
I predict under 0%
We shall see!
Troajan,
If you believe the fed who have consistently pumped up how well they are doing, well you’re in for a shock.
Worth a peep, this lady is one of a good few telling how it is, fed full of sh*te imo of course
https://www.youtube.com/watch?v=xLk8chA8qHs
Atb
Interest rates will settle at a long term 3%...
Meanwhile...
https://www.mining-journal.com/base-metals/news/1460027/china-double-ecuador-copper
Keep Pumping Red.... Hows that T20 looking?