Member Info for andrew99

Now $5000+. Alarm set for 7am! Good luck everyone!

Anyone else really optimistic about next 8 days? In oct last year the high of mid 70p (uk listing) plummeted to somewhere in the 50s. We got there again recently and the drop was only to high 60s then straight back to mid 70s. We seem to have a new base now with weaker sellers having exited. I am predicting high 70s next week if gold keeps rising thanks to the tango man, and then we are into new ath after 26th? Maybe 80s/90s? A great time to top slice if that’s your plan. Would love to hear other predictions especially the negative ones.

Are we thinking Monday 12th for Q4 update then? Been Monday 13th and Monday 15th Jan past 2 years.

Hi Eyes of Blue, seeing you posted on Feb 25 and probably before, you probably bought at 20p or lower? Having sold £5K already and still having £30K in your account, I am thinking that the £35K at 70p, is about £10K at 20p. So, you have already sold about 50% of your initial investment or more if you bought below 20p? I think you have already derisked by selling the £5K so I would personally hold a little longer before selling anything as we have some important announcements. However, if you did top slice, selling another £5k means that whatever you have left is pure profit. I have a similar problem but I bought at a higher price - low 30s and upwards. I am selling about 10% in the first quarter and not going to consider selling the rest until the lows stop become new highs.

I think Segun said Segilola update in Jan unless my memory fails me. The Douta PFS would be nice though -we get that first.

Ooops, sorry, my typo. I had sterling on the brain! Totally right, I meant to type $ but for some reason typed £.

Also interesting at the end of the interview to hear him say that they are looking at other opportunities to spend money, but nothing more appealing than current projects lined up.

Really interesting to hear that Segun has read the first draft of PFS, and the figures seem more solid now. Last interview was a ballpark range of investment - now its more defined as £150m cash, £100m debt, no dilution.

Bottomdollar - too true! Fingers crossed it therefore has the predicatable santa rally before releasing the pfs! Could be a good double bounce up (keeping my optimistic hat on). But who knows. Just got to do nothing and wait, because with each month that passes the situation is better, putting the share price aside.

I'm not in this share (yet) and hanging on the sidelines till the drop bottoms out. Seems like shorters are very active right now, so it feels like a share that could easily keep going down for a while, but bound to recover longer term.

I got my AJ Bell divi early doors and the HL one much later on. I do wonder what additional details will be in Tuesday's RNS. It would not be unfeasible to assume that any new news will be added to this RNS rather than have 2 separate ones.

Uncrossing trade.

...I am also thinking that the more expensive to mine resource looks a lot different at $4300 than it did at $2500 at Segi just 1 year ago!

Actually, probably makes sense to delay the 3rd quarter production update RNS until Canada reopens. It was weird how today's RNS only just got released before markets opened? I wonder if last minute amends were being done to it to get that out today and update tomorrow? We shall see.

Looks like the website got edited - it is on vox

a very very small mention for thor here:

https://www.**********.co.uk/articles/gold-at-us-4-000-producers-and-junior-explorers-to-benefit-2ea2048/

You might have sold 1 week too early. Q3 trading update is historically done during next week. I am struggling to see how it will be bad.

Tantalisingly close to $3900.

I did not expect Gold to rise this much this quickly - I thought it would be a slow rise. Anyhows, this should positively impact the financing requirements for the senegal operation and pfs. Looking like a long term hold still as the situation keeps improving. And yes, TU will be very interesting - especially looking forward to hearing how much in bank / or net profit.

Famous last words about being stuck in the range like a commentator's curse. THX Canada flying at the moment - currently 1.17 and up 8.3% - anyone have any ideas why its up so much? Just wondering if something is about to happen, or if its just linked to gold being up today.