Lee. Without your experience and perhaps first hand knowledge of how the market works, can you explain why you think a large scale buyer might be waiting for his order to be filled and an MM is collecting 2p shares? I'm afraid that in many (most) ways the Stock Exchange remains a mystery to me. I guess too, that's how they prefer it to be.
"Investors were also mulling comments by US Treasury Secretary Janet Yellen, who said over the weekend that higher interest rates would be a "plus" for the US.
Russ Mould, investment director at AJ Bell, said: "While this seems a perfectly logical and reasonable statement, it contains a hint of menace for the markets given what rising rates normally mean for the performance of equities.
"This hint of menace might become something more genuinely frightening for investors if it is followed by a high level of inflation when the US figures are published later this week."
MTL fundamentals are unchanged. Gold is where we need to be.
I get your drift Roy but Darren gave a very emphatic "No" to the question of whether MTL expect to find other metals. By the way I think the Blue Jay is a very interesting bird and one that is not found in the UK or The Philippines.
About 7.5 minutes in there’s a graphic that shows the shareholders of MTL and their holdings. I knew Baker Steel have a sizeable holding (5.9%) but was unaware of both ii (Interactive Investor) at 4% and Oberon at 3.1%, the latter a boutique wealth management company. This is quite encouraging I think.
I think there will be a link RNS on Monday accompanied by good news. As we've seen so many times, MTL spikes on days like today when day traders arrive and then take their gains in the afternoon. Next week will see rises. Gold at $1900 again this evening.
Good point BB. By sheer coincidence my wife got her LV car insurance renewal email this morning. Up 10% again for a car that does 2,00 miles a year and less in 2020/21. I bought a three year deal with Saga last time to save the hassle each year. A little more expensive but over three years it saves a lot of nonsense and as a shareholder puts money into Saga. Now if every shareholder did that......