Member Info for Alwaysone

I got out at 80p this morning, the markets are set up for a bloodbath, including Covid shares.

Poor markets, big drop here as lack of interest. Will keep an eye.

The 27p huge trades were at a premium then and not true market price

Could these guys not have bought at a premium due to massive buy size?
Would it automatically mean 27p is the opening trade price Monday?

Been a few institution sells. Might be another TR1. If they are, think will cease by end of September
Price like a coiled spring when they stop.

It is a bit strange I must say, I watch this one every day

sorry, SNG!!

A few people got badly spiked today, but so risky buying at the incerase. It's not SYG....although could end up going that way
Ramping isn't good, I have seen so many silly price predictions on many boards from people trying ot hype and sell, but it is up to the buyer at the end of the day DYOR etc

Is this RichKen? Did he sell?

Debbie takes a trip to Dallas. Gosh, that takes me back ...lol

Here we go up again -- very stong upward momentum on this one now for sure.

I got out quick yesterday at a tiny loss as can feel the support still isn’t there. I’ll look back again prior to Stem. The only thing that’s going to push and hold this one up is a stage progression in one of their drugs imho. Like I said weeks ago, look back a couple of years ago on the charts but clearly in a much stronger position now of course.

Last post today, promise! No it was CNR I moved out of last week....getting confused as have been in SOLG before and just track it. This is my pick of the bunch for what it worth. SOLG will come good though, but just when....

Shanta Gold’s US$90mln cashflow from New Luika will underpin development work on the district-scale West Kenya project
https://www.proactiveinvestors.co.uk/companies/news/929428/shanta-golds-us90mln-cashflow-from-new-luika-will-underpin-development-work-on-the-district-scale-west-kenya-project-929428.html
Quite a long read ending with .....

Even allowing that the development of Singida is likely to be funded from cashflow, there’s also the distinct possibility that Shanta will join shortly join that rare breed of junior miners that actually pays a dividend.

It all adds up to an enticing proposition in a market that’s been very receptive to gold miners of late. It’s true that the market has to some extent recognised Shanta’s success with the re-rating that began two years ago. But on the other hand, there’s still plenty of ground to be made up before the shares return to where they were at the time of the last bull market for gold. And Shanta’s a different company now – more secure in its production at New Luika, more outward looking in terms of expansion, ready to develop new projects, and much more comfortable in Tanzania itself, where its ESG programs are second to none.

Same here with SOLG, had enough and moved all the money into here

Mining Capital's Alastair Ford says Shanta Gold's (LON:SHG) been making a lot of interesting noise around its latest acquisition of the West Kenya project. ''What interests me most about this project is that within what could turn out to be a district play there could be several large gold mines in the ground they've got there''. ''Within that there's already a resource of over a million ounces that a PEA (preliminary economic assessment) is currently being completed on''. The company’s Kenya ground is situated on the northernmost greenstone belt in the Lake Victoria Goldfield, the Archaean Busia-Kakamega (ABK) belt.

Very nice!

As I said Wednesday, 25p was my time to sell due to having to be a pullback after all the increases. I'll but back in when it's back to 19.5p next week

https://www.kitco.com/news/2020-09-17/-The-very-high-bar-set-for-rate-hikes-points-to-higher-gold-price-Commerzbank.html
(Kitco News) Gold prices will be going up, especially in light of the high bar set by the Federal Reserve to hike rates, according to Commerzbank. “The very high bar that has been set for rate hikes points clearly towards a higher gold price,” writes Commerzbank commodity analyst Carsten Fritsch. On Wednesday, the Fed reiterated that its ultra-expansionary monetary policy will be here for years to come. “The Fed intends to hike interest rates only if inflation rises not only to but moderately above 2%, and does so not only briefly, but for some time. What is more, the target for maximum employment must also be met at the same time,” notes Fritsch.

That's a great overview ColonelDrake....I think the tick down on gold price today has had a slight effect on gold shares today and resistance price will get tested for a day or a few, but all still points towards POG breaking $2000oz again and going higher soon.