The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
looking at the model is interesting how to the south there is a cliff edge drop off, no gold found but to the north there is a void and then a good drill so lots more drilling to the north, but from the model it looks like, just mine the whole thing, its full of resource......... especially gold and copper, there might be an m4 down there to Tom, personally i prefer the z3m coupe :) theres one in my garage.
think they call it consolidation, we had a pretty good raise yesterday and a good run upto that, so feel this is where those who have made money will be tempted to take profits, and hence this process stagnates the SP for that time while sellers and those wishing to buy in consolidate. SP might still jump up again but could drop a little but wouldnt imagine much as the results of Newcrest latest results are very soon.
I'm sticking either way as its the long game i'm interested in, will be tempted at 20p to sell but feel it could go further with the other assets in the pipeline.
Gold price hit $1611 last night, bitcoin is up 15% for the week so looks like defensive/contrarian plays are a foot. Silver did well both gold and silver down a bit but holding well. Strange the mining stocks didn't move as much as I would have excpected on these moves.
Over all good for us but not sure we can bank on huge gains.
Was tempted to sell earlier and sort of wish I had now, but not sure selling on an 8% down day is the way to go. I agree SS does not care how many times he dilutes this share, but it should pick up from here right?
if i was a copper i might breathalyse you stuart, no driving for you tonight my friend but deffo see you north of 2p. night all.
Chart no hard feelings dude, we are all on the same page, you have some great knowledge and was being very challenging in my accusation. My apologies :)
I'm not offended mate, and I agree there is opportunity, that's why I'm here, but it's annoying when people are so quick to impress their opinion as being the right one. I'm invested as I believe it should do well but I'm not telling others this is the way it is, and that I'm right...
Believe me chart, I want you to be right but feel we will stay range bound until we get a deal that is on paper, or we are very close to that deal. Mid 2020 we could be laughing :)
Enjoy your summer weather chart :)
i do enjoy are little chats :) like the princess gag :)
Don't see how a globally available stock listed in the U.K. Can be just down to us the uk for keeping it lower. Am sure conspiracy theorists will pounce and your probably right, but tell me just one thing that isn't bend as sh#t.
Chart, take it easy dude
You just posted that discovery mining stocks move up once the size of the deposit becomes blindingly obvious and go further to say which newcrest proved up ages ago. Well we are at lower price now than when the JV was announced, so your already wrong by your own valition.
In my opinion it won't move much until deals are signed, I believe the ratio of discoveries that turn into mines is 1 in 4000, so that is the reason why the market isnt assuming anything.
We all hope the sp will go up daily but it doesn't and won't, and it's nothing to do with being a "Pom" ............
I don't know why the fact you are Australian gives you the right to be such a tw#t, pretty much racist against the British and saying it's simple. In your opinion yes, it might be but it's not us i.e. The British investors that are holding this back.
It may be listed in the U.K. But if anyone wants to buy it they can from where ever they live, so keep your stereotypical "drongos" and shove em you massive, ignorant "gallah"