The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I was having a word with a friend of mine called Einstein...and he says continuing to do the same thing and forever expecting a different outcome is the definition of insanity.......what a plonker? I told him to shut up and buy ARMcMB.........I mean RRR....lol
As per the thread attached below.....I still have my small holding in Palm 48,888....and now in profit and quite happy to continue holding! You can tell AimMaster of fantasy....who gets it all wrong....lol
Join the dots in context with my earlier muse.......
https://www.kitco.com/news/article/2024-04-05/zimbabwe-introduces-new-gold-backed-currency
".....I said that if patel's didn't take SHG private now....they won't be able to afford to do it in the future:-
HUI/Gold.....0.09 region was reached in early 2016, a sharp miner reversal ensued to begin the mean reversion in gold stocks which saw many juniors move up 3x-5x within 6-months.
In 6 months time they may have to be offering 60p per share?????????"
Masks,
sure there is no reason not for both the $US and Gold to rise together....although if the $ hits above 105 on the DX (104.39+0.27 (+0.26%), currently) it may put a temporary halt to current mania! we have a likelyhood of slightly lower interest rates(political) but higher inflation(to put a hole in the debt/GDP....which in effect will keep negative real interest rates which will continue to fuel goldprice v fiat! But like I say .......doesn't really matter...apart from psychological stimulae!
I think perhaps £3k with outside chance of £4k by 2028 but not as soon as 2026 (IMO) and what is important is not the price but the no. of ounces under your direct control that you can convert to whatever you wish whenever you wish. GLA
......I said that if patel's didn't take SHG private now....they won't be able to afford to do it in the future:-
HUI/Gold.....0.09 region was reached in early 2016, a sharp miner reversal ensued to begin the mean reversion in gold stocks which saw many juniors move up 3x-5x within 6-months.
In 6 months time they may have to be offering 60p per share?????????
I think not a decade.......will peak more like Q3 2028 MasksNewNorm (post reset currency)...but agreed it could surge back from around 2034 Q3 to also q3 2036! .....and perhaps on up to 2045....perhaps £10k per troy ounce in today's equivalent.......
........my research is as good as the next guy's......lol! I'll be 84yrs. old then or dead.....and will be happy to pass the problem onto the next lifetime holder!!!
GLA
£GBP is roughly 0.4% weaker against the $US which accounts for most of the £GBP gold valuation rise today...but nearly through our 100 year+ high v fiat....currently£1,823......... .lol!
GLA
SparkyA1,
I guess most are buying for the "virtually guaranteed" return of 14.85 minus say 14.416 = 0.434p which is a 3% return in a month equivalent of 36% APR...or if it takes 2 months 18% APR ...even at 4 months still 9% APR.
But some may see it as a win win....so apart from the above.....if the bid doesn't get approval and complete...with the way the goldprice has appreciated etc. the SP may mildly rocket......!!!
100% echo your views, booboouberbear......and it's always worth remembering who the founders were (patel's here of course)...and the risk of Private or worse...and I've had a few companies totally stolen with £nought/null/nil/zero back!
I know why they did it....they had to move now to take SHG private.....because they couldn't have afforded it in the future! Full Stop.........Karma????hope so!
Best of luck to you.....nice to have shared views here from time to time!
GLA and especially you Noel......meet you all somewhere else perhaps!
You can but try ThePublican777 and IMO well done for the effort!
I was invested in HZM for many years and called it and exited before the storm....my thoughts were the size of the ££debt.....the same with HUM (and I highlighted that to you when you first looked at it from SHG as an alternative (the money at HUM just disappears)...and POLY...and SOLG....and GGP.
The only thing AIM is good for is the odd momentum play...you can't stay at the party long! Sadly it is addictive and I have still got 15% odd of my net worth in 56 different Shares (mostly in AIM).
Certainly well shagged at SHG.....but I can understand it from the Patel's point of view too (I'll post there next).
As for here at HZM the SP gets to a point where you've lost so much on paper...it's just not worth selling and the clutching of straws is all that is left.....it is worth trying to trade a bit to make up the losses but any gain of course is just at the expense of someone else's loss....sadly I think there is less chance of peaks here than troughs from now.....so probably not worth trading.
But it is up to each to make their choice......that e.g.1% to 2%? chance of success here could come good or you can take your remaining capital however small and start again elsewhere! There is still hope I've been in two spectacular less that 10p shares that have peaked above £15 and the GGP less than 1p to 38p (again called that one and valued it at 6 to 7p when at 29p and got banned from LSE).......sadly my problem is taking profits much too soon.
It hasn't been easy of late with 50% odd AIM indices down in the last 3 years or so and miners also....but I'm not giving up...ever.........but only with my 15% or so!
GLA
p.s. But my other 85% is well spread between cash, collectibles, property etc. the 15% is a gamble for me......reminds me of Eagles Hotel California "check out anytime but never leave" Sure the 15% is just like VAT...lol
It's all about risk/reward ........each to choose....everyone different!
StanleyUK...that certainly makes sense...you could have sure joined the dots better than I! That would be a great scenario!
Just a post I did on ADVN just now..replying to a "non-self informed " who thinks the BOD is just raising for their own salaries...and buying equipment as a ruse....lol! :-
"It's really quite simple/easy....the tortoise won the race! FULL STOP.
.....by processing all cu/au/ag at once (although starting later)....and causing frustration with retail investors..(because these R.I.s choose to not "DYOR" properly to get a handle on the strategy and why apparent slipped timescales etc.) makes great sense!
.....more money/revenue will come in sooner than individual steps....and your SP should/will reflect this....when the market properly understands!
IMO if you have any further "thoughts" and "concerns" reread this post repeatedly and/or contact the BOD...even read ALL previous RNSs....and get up to speed!
...don't be surprised if your reaction leads to uncontrolled purchase of PXC....but try not to buy OTT....lol!"
GLA
Yv00,
as per last RNS 2 weeks ago,
possibly waiting for the equipment (ball mills) to be finalised in purchase to do the final PFS tweek......I'm guessing this month is what Paul could mean in post 10625 on ADVN...
....I'm sure there are other unknowns to me to be included also????
It will land in due course as it always does.....evennnnnntually...lol
£60k out of £1,275k......no real biggy........just give the subscriber a time limit to cancellation of the allocation and move on......let's not be making this a distraction or worse still a reason to delay of the main event!