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Kando
Gold just sunk so that's your prediction out of the window

I dont think the CEO should have stated that Eu tariffs would impact the company if there was a no deal
Furthermore people are selling these types of stock to get into the likes of Shell etc
Just got to wait for sentiment to change or trading update

Asme
Have you got your decimal point in the right place re cash

Iglu

Ok
Nice to see gold still rising today hopefully eventually above 1850

Iglu
Why would I want the price to go down when my average is above 130
I just call what I see and read and if you had read the post fully you would see that I expect gold to go alot higher but it wont happen ovetnight

I tend to follow Elliott wave, I can understand the principles but not all its workings
They seem to think that this is wave 3 which is a downward wave ready for wave 4 and 5 higher waves that could take a couple of years to achieve so wave 3 could go to around 1740 before it quickly bounces back up.

Let's see if the magical 1834 { 32% retracement level } can be taken out otherwise it's back down again

I hope that the rise today isnt dampened tomorrow

Sotolo
What was your original base cost for gold,on your predictions

It was always going to threaten this level,wave 3 always a strong wave down before 4 and 5 take it to new highs,it may take several months but 2100 or 2200 is possible

Its 1750

Only
Thanks for that I thought that all the crew would have been on board the whole time,

Can someone explain how a crew on a ship in the middle of nowhere are going to catch Covid presuming that they were all tested days before they sail

What is going to move the share price,with Mc Cabe, Levenson and KPMG now on board

Lucky
I would hold and wait to see what gold does in the next few days although it might be quite with Thanksgiving etc it could still fall to 1750 the next support level before it bounces back up.They usually say the bigger the fall the bigger the bounce up
Also see what the update is from the company next Weds,and if there is any cost cutting or plans on the new licences

I monitor but dont fully understand Elliot wave trading,I should say that a pull back possibly to the 1800 level or so was predicted by these people.Its wave 3 of 5 which is always a hard downward move before wave 4 and 5 force it up to higher highs
So just got to wait it out,dont think it will be January but perhaps the latter of next year

Mr T
Dont get me wrong my average is around tte 1.30 mark and in many months time I hope to get my money back
It's just that it fell from 220 on the first bad newsand then down to 1.20 on the Q3 update etc and its been falling ever since.Now gold has took a dive it could quite easily got to £1 where it has been many times before
Should the Loa be further bad news or gold continues to fall like Sotolo stated profits will be down a third on a retracement I still think 80p would be possible

Dont think it really matters,the price is only going one way and its not up
So much for all the excitement last week which has had no effect on the price
All we need now is more bad news in December and this will be 80p

No I am fine just don't want new investors misled and know the risks
Like I have said I have been her so long I don't really take any notice of the share price,I think it got near 20p 10 yrs ago
I am sure the Qc has looked into the statue of limitations before he threatebed an injunction

I have been a shareholder in this for over 10yrs and I would love it to go to 50p but there are many obstacles ahead,and first is the injunction that could be filed within days
Whether it's right or wrong any such injunction will halt the ship and then looms a court case which could last months and go either way
Furthermore we have so much oil in the world already will we ever get a farm in partner. Also OPEC has cut output for many months,partly due to Covid and partly down to the USA shale production boom
We will always need oil for transport,heating etc but dont get carried away that this is going to get to rocket soon