Member Info for Auson

noggers,

Yes but since June 20 we have seen Gold over $2000 and averageing near $1900
Silver hit $30 twice and range between $20 and $28. All that revenue is now in the coffers.
What PM prices will we see over the next 12 months ?

astro999,

Euroclear dot com shows the percentage of stock which has been lent out. I know this does not necessarily equate to an equal short position but it did show the unreported ARCM Premier oil short for many months for example and does explain the price action here rather well.

Adrian77,

Total BS the gold drop was last night we now begin the slow recovery to $1900s
Will we see 106 who knows

astro999,

Those shorts will be itching to close at a low price, buying the dips

RedSparrow7,

With negative rates whats going to happen to the house prices in Australia now

Dark_Knight2020,

Thats net short positions over 0.5% on Euroclear the stock on loan was 6.5% end May 21 up from around 5% at end April 21. So there is some significant stock that has been leant and is being played about with, to the detriment of the SP in my view.

Dark_Knight2020,

The stock on loan here has increased over the month so there is some nefareous shorting activity going on in my humble opinion. I'm still long however but dissapointed with SP.
Just a case of holding and waiting I suppose.

bonker99,

You're doing charts now as well then, Ok will take a look. Cheers

I think FRES has just become the shorters plaything for the time being.
It will rise fast when it does but I think a bit more downward movement first unfortunately.

MrBond46,

As we all know the Bull market doesn't like passengers so this could be a big shake out ( and big accumulation ) before the move over $2000

Its not Centamin specific, seems most PM miners down for example Poly, Fres, Hoc all been in a downward trend last few days.
Must be something market wide / technical like a gama flip into bonds or something like that.
Unless they all know Gold is about to tank which I don't think it is CFTC long numbers are high and inflation is due to be huge going forward.
Cryptos are looking a bit dangerous too.

Be interesting to see if they are do the usual drop it in the morning only to rise towards the close.
Some sort of algo definately running here, possibly for accumulation purposes as I had speculated before.

antonvb,

Is it not possible that they have bought the bonds and are using the equity short to hedge the bond risk ?

None of these brokers are factoring in a Gold price well in excess of $2200. The sentiment a move like this will propel the PM miners much higher.

Somnamna,

Market price is really only the value of the marginal shares traded ( short term ) so is in effect somewhat meaningless. If, and I strongly think we will see POG at well over $2500 £1.10 per share will seem like a bargain !

Adrian77,

I didnt ask about a risked valuation as risk is subjective no matter how we try to quatify it. I asked what is the value of the Gold in the ground at Sukari ?

Adrian77,

Congratulations on joining LSE today ! In your analysis on Centamin might I ask what you value the Gold in the ground we have at Sukari ?
Any thoughts on the bid we had at 125p ?

Supercharger,

Liberium won't actually be able to take a possition long or short if they are providing broker note coverage. Thats not to say they don't know an intersted party who wants to by cheap shares. I suspect they had the broker note ready to go and decided to release it on sight of the RNS which I find a little suspicious. Broker notes are just designed to generate trades / hence commissions for the brokers so sell = 82p and buy = 150p

Its a buying oppourtunity, I didn't think the market was giving us any value for West Africa, the 5% drop is just punishment. I should have paid more attention to the 2 or 3 large sells over last couple of days, leaky ship.
Does third party options mean a Joint Venture or sale ?

VCB2,

It only broke $1890 sorry. But not to worry I think $1990 will come soon enough.