Member Info for BilboMultiBaggin

I think Glenda has just put her blue marigolds on

Yeah right, since when do aim companies consolidate and not slip in a quick cash call

Precious metal

https://www.accesswire.com/646651/Vanadium-One-and-Glencore-Enjoin-to-Support-Development-of-the-Mont-Sorcier-Iron-and-Vanadium-Project

We held up better than what I was expecting at 8:30 this morning
I was half expecting Glenda to finish at around 3and somewhere in the teens

Seems as though it wasn’t the RNS many we’re hoping for!
Anymore weakness in the SP and I might have a little gamble myself

Chances are placement is almost done. Just some I’s and t’s to cross
And that who ever the deal is being done with ie, LO who already hold a load of these is selling down in order to accommodate the new shares.
That’s my opinion anyway

Higher production!
How longs a piece of string?

All I’m saying is that I’m not expecting any major changes until end of year
But in the mean time I’m sure there’s going to be lots of other news
To keep us all occupied.

I think you need to re read the Rns
562 oz Gold was sold
And production is very unlikely to be higher until they have multiple stoops to source from.

My stop loss kicked in this morning, so I’m officially on the fence for now, I can’t say I’m in any hurry to get back in..
too much of this in the headlines for now...

https://moneyweek.com/investments/commodities/industrial-metals/603192/copper-price-copper-bull-market?utm_campaign=money-morning-newsletter&utm_medium=email&utm_source=newsletter

I think Sotolo makes. some very valid points personally,

I would rather they got the debt down, more than getting a special....
Me personally:-)

I can’t remember if it was this bb, but I recall a few posters were of the opinion that gold needed to lead the way, in order for silver to continue upward .
So maybe things are not as bad as you think Sotolo.

https://www.kitco.com/news/2021-04-08/Central-banks-on-gold-buying-spree-again-Hungary-triples-gold-reserves.html

29th April first quarter production

Come on girl, You’ll never grow into a big olde fatty at this rate.
start piling on those pound again,
Or I’m leaving
Smhhh.

That makes sense, I shall take a look at the auction sites
Thanks bonkers

And when I convert it in Troy ounces I’m actually paying £27 an oz

How high are people expecting this squeeze to push silver?
I’m mean I’ve never understood how to make any real gains from buying physical silver....
For instance if I go to a bullion site right now it says
Price of silver approx £19-20 per oz
A five kilo bar approx. £4400
So that’s approx 176oz
So Im paying approx £24-£25 per oz
I’m paying approx £730 vat. On that which sort of kills any profit
Unless your vat registered it all ways seems pointless to me, very high risk for little return
Have I got this wrong ?
Or are people expecting silver to go way past the £30an oz?

Please note I used ££££ not $

Well according to JP Morgan’s broker note this morning

Glencore is more exposed than its peers when it comes to rising prices. A 10% rise in all commodity prices in unison leads to a 43% increase in the miner’s estimated annual earnings per share (EPS). In comparison a 10% change in all commodities has a 15% impact on Rio Tinto and BHP’s EPS and a 20% impact on Anglo American’s, JPMorgan noted.

They were only marked as all buys because they were after the UT trade
IMO anyway