Member Info for alwayshoping

Interesting post over the weekend, courtesy of Buywell2 on the other side....From buywell GOLD thread today

Some used to reckon GOLD and OIL went up or down together = load of *******s IMO

Gives a nice handle on what correlations occur between them on a daily/real time basis

I have been looking at OIL this morning and many think the price of OIL should be a lot higher than it is now. OPEC cuts, Iran embargo enforced by the US, Venezuela collapse and heightened geopolitical tensions aplenty.

BUT IT ISN'T

It isn't because DEMAND has not exceeded SUPPLY.

And why that is is because the USA has become the worlds BIGGEST CRUDE OIL PRODUCER
coupled with the fact that we are now in the early stages of a Global Downturn / Recession.

Staying with OIL for a moment , the USA is now producing more crude OIL than current Global Demand needs just by itself.

It has so much of the stuff that it has been closing down well heads and STILL maintaining its production numbers. It can even do this;

Aug 23rd 219
US flexes oil muscle to the world
hTtps://www.foxbusiness.com/energy/us-flexes-oil-muscle-to-the-world

IMO OIL looks set to fall from here going lower into 2020 as demand stagnates

America has spare capacity to increase supply further if needed

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POG as we know is governed more by dollar strength or weakness this has an immediate effect not a longer term effect such as Demand V Supply.

Though an older link this is not a bad read V GOLD supply v demand issues
hTtps://investinganswers.com/articles/truth-about-worldwide-gold-supply-demand

I am sure many investors have got burnt on smaller cap gold mining stocks , some might have made money BUT those would be in the minority IMO.

Very HIGH RISK investing and leveraged at 3 to 4 times the swing in POG short term makes for a wild ride = more like gambling unless you do a lot of research on a particular company.

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What happened to POG on friday was very interesting and supported buywells theory that money or at least some of it , flowing out of the market finds its way into GOLD .

Look at the charts the data is still there today

DJIA dropped 2.37% and POG immediately jumped $30 or 2%

VERY INTERESTING

Because if you look at DOW Theory now the DOW Transport chart is just 1 point from confirming a US recession signal based upon DOW Theory which has correctly predicted every US recession in the last 100 years.

buywell has seen this coming for nearly 12 months and predicted the last drop starting towards the end of last year BUT I will admit I thought the fall would go further than it did. FED rate speak stopped the fall.

BUT there was no DOW Theory recession signal at that time , now IMO this could be signaled when US markets next open as I key futures are very bleak indeed

htTps://uk.investing.com/indi

"Perhaps they were waiting for the outcome in order to see how to structure the IPO.. and exactly how much to raise??? "
And they wont know that until we hear from Deccan, which is now a couple of weeks overdue according to their predicted/hoped for timeline.

.Anyone struggling to sleep because of the current high temperatures might like to pass the time by having a good read through this....file:///C:/Users/gogoUser/Downloads/1COGEA2019001.pdf
Have had a very quick scan, and very surprisingly ..unless i missed it, there is hardly any mention of the words "iron ore" anywhere, yet allegedly, the Zanaga PROJECT is claimed to be a "country changer" in the coming years. Very strange !!!

For all those moaning about the lack of updates from the company relating to the IPO. News can only come once they have a closer value placed on their share here.........https://www.bseindia.com/xml-data/corpfiling/AttachLive/9f6e57d5-12cc-4fc8-af55-757c7dfa7da2.pdf ie 6-8 weeks after May 21st, which is anytime now.

Perhaps Mr Parry should be giving the Russians a call ??https://www.rt.com/business/461752-russia-gold-dollar-cryptocurrencies/

Matrix Fencing...EPP..Early Production Project.

As a result of all the recent information gleaned from the more knowledgeable posters on here, together with their feedback and experience from the launch of the Tally app, it is becoming more and more apparent that Lionsgold/Tally is going to be absolutely massive, and then,in the not too distant future, a mega takeover.
CP has intimated in the past, that his ideas were ever evolving and the future potential and options were continually changing. Shareholders on here have contacted CP with what they believe could be added to the “package”, and quoted potential numbers of possible transactions and the potential thereafter.
We know that in the very near future we will have an IPO, and MJ has indicated that the price may well be at a premium to the current price, and more importantly, oversubscribed. Hopefully, the BOD will be seriously promoting and selling the product to ensure a price substantially higher than what MJ quoted, and backing it up by all of them buying as many shares as allowed. This would be to the benefit of everyone involved. An IPO price of just 10p would immediately result in a massive return on paper on CP,s original investment..what was it..£170000 ?? as well as MJ,s recent investments. All “locked in” shareholders and “traders”, the vast majority somewhat unhappy about that, together with their ISA “problems”, would then be more than happy. No doubt many would sell straight away, but with the future looking so promising, many might just cash in their original investment, and let the rest ride for even greater rewards in the near future. Also, an additional upside would be, the higher the IPO price, the fewer shares required to reach their targeted total sum.
And finally, one further matter the BOD should be giving serious consideration to, and that is, IMHO, forget about the relisting on AIM, and get it onto the main market where it will surely belong; show the City where you really belong. New life insurance-linked company Alpha Growth showed their future prospects and ideas by launching their IPO and starting life on the main market 18 months or so ago, and cost in the region of £78000 to do so. AIMHO, no advise intended etc etc....hopefully,not long now. GLALTSH.

20th Dec. Hi Guys

Sorry I couldn’t make the investor meet
Lion shares will become tally shares
3.5p is the approx price the raise will be done at, we are confident the IPO might be done at a higher price, lots of interest
Mining assets are still useful, but of course there is a price for everything

Hope this helps

BigMJ

So James, are you confirming that you are the same James Atkins quoted in the link that I posted a few days. If so, it is all very assuring that what you have been posting on here the past couple of weeks or so.

Yesterday this tweet was posted on twitter. "Securis Investment Partners

Hello!

$50m+ deal first off - next one will be 2-3 times bigger and with recognised London FTSE listed company

All in the open now - think this is what the market falls a fucking leak?

Beneath it, was a link to business wire . com which gave details of a conference agenda. This was taking place in the afternoon..."The afternoon agenda will finish with James Atkins’ Critique of Pricing in the Secondary Structured Settlement Market and with an all-star panel who will cover the Impact of New Privacy Regulations in both the U.S. and the European Union."" Google/Check out James Atkins !!!!. One of the biggest rampers on recently here is a certain James Atkins, who seems convinced he knows what is going on behind the scenes. Coincidence !!! At least something to ponder while we wait for news. GLAH.

Was there not mention a few months back of a listing on the Bombay exchange??

Assuming that at some stage in the very near future there is a fundraising exercise and more shares issued,( hopefully at a good premium to the current price), then I believe CP, as a gesture of goodwill, should offer a proportionate number of free shares to shareholders who can produce evidence of their holdings currently in an ISA.

..........but showing as a "sell"

As you will see from my posting history, I hardly ever post on here, but since investing in this a few months ago, regularly read every post, good or bad. So sincere thanks to the likes of MM and a couple of others, for not only the amount of time that they must spend in researching and seeking out snippets of news and information, but also their willingness to share it with the likes of myself..so a big. Thank you. One question I would be interested in receiving an answer is this. We know that a couple of the boxes are in the process of being ticked re getting our product from mine to port, ie the rail link and the port facilities. We know that it appears that an awful lot of work/infrastructure is
both needed and planned for in this region as a whole, meaning an awful lot of steel is going to be required. Presumably, one option would be to build a steel mill or mills at a local convenient location, hence reducing the urgent necessity of getting it to the port, meaning further cost reductions etc. Therefore if the company are considering this as a possible short and long term solution, how long are we talking about in getting a mill up and running, and more importantly, what percentage of our planned monthly output could realistically be used "locally"?

DJ, Bigbench. On reflection, I think you are spot on there. Somewhat different to the scenario at Jubilee.

appears to be a straight forward and pretty quick process; for eg Jubilee Platinum changed to Jubilee Metals. http://www.jubileemetalsgroup.com/rns_pdf/Change%20of%20name%20to%20Jubilee%20Metals%20Group%20PLC.pdf