Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Becasue the media are telling us to be angry or because we know the difference between a group of democratic countries with freedom of press and personal existence attacking a country to depose a despotic tyrant who appears to care little for his people and... a despotic tyrant who has been in power for decades by strangling his own political system, oppressing his own people and press, and violently annexes a neighbouring peaceful country in an act of viscious theft with no regard for the fact that the vast majority in that country don't want him to or to live under an extended shadow of his extant oppression, to the condemnation of most of his species on the rest of the planet, not just on a political level but at almost every level, all for the sake of his paranoia about a non-existent threat and nostalgia for a republic that he knew as a boy?
Putin isn't the only bad guy and Western nations are also guilty of invasions but the western invasions were at least sanctioned by multiple nations rather than just one rogue.
Please excuse me if this has already been covered in dribs and drabs of a hundred other posts over the year , but now that we are at the end of it and so have the whole year to assess.... Can anyone explain or offer suggestions as to why the explorer sector has taken such a bashing this year, and perhaps suggest where we are on the timescale of that bashing?
Please excuse me if this has already been covered in dribs and drabs of a hundred other posts over the year , but now that we are at the end of it and so have the whole year to assess.... Can anyone explain or offer suggestions as to why the explorer sector has taken such a bashing this year, and perhaps suggest where we are on the timescale of that bashing?
Excuse the lack of awareness but have only just been able to log on... After last weeks excitement I expected people to be discussing what the BOD had to say at the Moscow forum today. Has that just evaporated into a non-event?
Can I put myself down for Monday 22nd November?
:-)
Please excuse the novice question. Apologies if this has already been covered, but .. if the demand for a stock is supposed to have at least some influence on its value , how is it that someone can buy such a significant portion of a company, that exceeds normal daily trade quantities by some distance, and yet the value of the stock is un-impacted or even negatively impacted? Was this stock in such low demand that there was a surfeit larger than his purchase that needed to be soaked up before the market would notice?
Not that one is by any means obligatory but.. I haven't seen a response to this ,so may I echo it?
"Trek - you missed a key bit from your earlier post, namely, which are these companies with "immediate explosive upside potential"? I would like to explore to see if there is potential to add powder and a fuse to the explosion.
What does your money think about this?
https://www.cnbc.com/2021/09/17/downturn-in-global-industrial-economy-already-underway-currency-chart.html
HH,
What is the other company? I've asked, so its not a side ramp. :-)
A.
Because IG want to make 0.52 on the difference?
Perhaps that is a sign that I have a llot too learn ;-).
So Any wiff of a placing is definitely a sell the news event but even, "we've found loads of high grade resource" seem to sink the SP this year, regardless of how excited everyone gets. I only got into juniors on AIM this year (bad timing) thinking that gold would be good in a crisis and green metals were the future. I'm down on GGP, EUA, PAT , ECR, RMM, COBR, TXP, CCZ and CHF. Hurting but coping. Never sold any just added as they have dropped. Could have done with a bit more selling upon RNS's and buying back lower methinks. So probably will now.
On the Macro there seems to be an endless list influencing factors for the for explaining the negative impact on this market, ranging from Dollar/sterling rates and risk aversive sentiment, to the the appeal of the distraction of Crypto and conspiracies about cartels of collusive MM's repressing prices en-masse and accumulations, ready for these commodities to take off.
There seems to be a hint of a change in wind now, suggesting this market might be approaching bottom; tempting me to start buying all the above that I'm not already overweight in, again, But could the Delta variant and the tapering Fed and dark forces in dark pools still screw that up and send us all through the floor?
Troaj, "oooooh no, you dont go long on mining explo's, too many placings ,that dillute the sp into a downtrend
you sell on or around news".
That is the strategy I've been trying to discuss on the ECR board but "hug and hold" for ever is all I'm hearing in response. That doesn't seem to concur with my impression of SP's dropping After EVERY RNS, regardless of how good the news is. Do you think a compromise approach like - Sell upon/after news, then rebuy back when you think the drop has bottomed, is a valid strategy for those who might want to be a little more active in a holding of a junior explorer that they want to ride into the long term?
If so do you think there might be a recommended time period after the post RNS sell, that it would be advisable to buy back within to reduce the risk of missing the next one?
(please excuse noob questions).
Fascinating that hug and hold appears to be the prevailing strategy, or at least the public facing one. Presumably "selling the news", is an exception as every single RNS I've seen this year, regardless of the level of anticipation, mediocrity or jubilant positivity of the news it presents or the transient paroxysms of joy it generates on one of these boards, results in either an immediate drop or brief spike then drop in the SP. Someone is definitely selling then, and if we are to believe that the predominant influence on the SP is sentiment driven buying or selling, then a significant minority have been selling across the AIM board recently to the glum sound track of the main market doing alright. Is it just the feeble and short sighted selling here? Cries of manipulation, tree shaking and shenanigans echo around nearly all these pages. Can it really be the case year on year even when nobody appears to be accumulating? Is the near religious devotion that some seem to express for their holdings, healthy for the motivation of the BODs who decline to bother to keep their investors informed for months on end (EUA).
This is a reply to HappyHaddock post @15.19 - (just don't want to perpetuate the "Jumping ship" title anymore).
Thankyou for your sage words. I should probably follow the more peaceful route and look at it all less. I'm getting the impression that regardless of the quality of my analysis of the companies and where they are on their own development scale, the timing/ circumstances of the last six months has created significant macro headwinds that few , if any are experienced enough to have predicted, but that perhaps the nadir of that is imminent so now is the time to hold and/or buy yet more.
I still find it curious that selling tranches and buying back lower is mentioned by some but advocated by none. Perhaps it is against the shipmate camaraderie to talk of selling or I should ask the shorter's if there is any better strategy to averaging down, than simply the opportunistic investing of additional funds.
HH,
Thankyou for your helpful thoughts. It seems though that you are an advocate of hug and hold ie. if you believe in it, just hold regardless of what happens. I'm already doing that. It is when I hear of others selling at least part of a holding that they still believe in long term, in a prescient manner, because they have assessed the circumstances as likely to drop the SP further in the short term, with a view to buying back lower and so reducing their averages and so their risk and increasing ultimate profit, possibly even doubling their holding without a single extra penny being spent that I am impressed. How to increase my confidence enough to do that is what I am looking for.
May I just say that the standard of communication on this BB seems refreshingly high. Where others seem rife with bickering and ramping both ways, this one, especially this "jumped ship" thread, is eminently practical and incredibly helpful to a novice like myself. I would like, if possible to dig a little deeper into the strategy. Exit plans have been discussed. Clearly there are different approaches. What might be helpful to many during this lullsome phase, would be opinions on the art/skill of the selling part of AVERAGING DOWN.
Unfortunately for me, I only started adding Junior miners on AIM to my portfolio at the start of this year and have watched most of those investments dwindle and dribble ever since, fearing that selling out at any point would result in missing out on the "RNS that changes everything", that seems to be a popular motivation on AIM. With faith in my research and valued opinion here, I've averaged down on some by buying more when funds have allowed but never by selling anything. I now feel trapped in those investments, not wanting to crystalise losses. If I had known more about identifying when a share is on a longer term downward trajectory such that I could overcome the FOMO and sell early in the drop, then I might have improved my position. I'd like to be able to break my heinous hug and hold habit.
So, how do we identify the difference between;
a. This is a short term drop - buy more
and
b. THIS IS GOING TO CARRY ON FALLING - SELL NOW AND BUY BACK LATER (particularly identifying this one).
Yours gratefully.
Thats the job. Filed you under, 'voice of reason'.
Thanks again.
Zoros,
Thankyou for that concise summary - filed for reference. Which of those milestones are most likely to have a positive impact on the SP (when should I next look in the drawer)?
A.