The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Morning Paddy, good work as ever, that is quite a big volume if it is also 800m down of mineralisation. Wouldn't like to guess as we do need some more drill results.
1.1km by 632metres :) looks like they haven't quite defined the limits north to south.
There's nothing wrong telling people the truth, because to be honest we all should be fuming we've taken this steaming pile of an offering from the 1% for so long.
The political system currently is just taking me to the edge of apathy, and just ****ing me off, and that's where the complete disregard of the people and their wishes is just laughable and again they are just the face of the 1% who just want us to sit there like good little idiots whilst they basically Rodger us in a place we don't want to be rodgered.
It's a system designed to keep us down, not one designed to make us flourish. Kids are coming out of uni already slaves to the tune of 100k, great job politicians they're now ****ed for the next 29 years lol
Thanks mate, yeah, I feel it's the only way at this point to protect against a very shaky and corrupt system. Think cryptos might do the same and eventually I will have to look at them. Did you hear that China maybe releasing a gold backed crypto currency that could sink the USD as the world reserve currency. If you've not seen it check out max kieser on kitco news recently.
If that does happen stocks are in the toilette....but then again the bank of limitless cash could keep this rodeo going, just know it's rigged not to fail but eventually it will and hence gold is the only hedge for me at this point. Maybe crypto!
No one is preaching doom or gloom I'm simply saying it's all a load of beeping beep. The fed giving money to the banks who are owned by the 1% who don't spend that cash so it doesn't do anything accept make them richer. In the meantime, we are encouraged to take out low interest loans for stuff we don't really need and savers or small fry investors get a crap rate on savings and are forced to spin the roulette wheel in the equities markets that they control anyway and will eventually take your cash out that way. It's laughable really. Buy gold :)
They just want to hock you up with debt so you keep going to work and don't have the time or energy to question the system. Beeping, beep, beep beep :)
Lovely moan, but not preaching doom or gloom, quite the reverse really, wake up people.
You guys are soooooo sensitive about anything that could be persieved as negative. Even tho I stated it's more of a buy than a sell. Think the market is rigged, like everything else in the current system.
I was saying yesterday that politically we should all not vote, no one turn up at all. Zero turn out, that is probably us as a people's strongest vote. Can you believe Labour are still saying they are for staying in the EU. The vote was done and dusted 3.5 years ago, and these idiots are still not listening or doing as instructed by us the people......
To be honest they are all out to line their own pockets and just the public face of the 1% and equally under their control. How does an ex PM who earned 100k a year suddenly become a millionaire once they step down.....absolute bol$##cks
There's been a 50k sell and a 33k sell this morning and the 10mil buy or sell last night, interestingly tho these large buy or sells show the same price at that exact moment where buys achieve the same value as the sells?.
If you look at the chart we have been setting lower highs and making lower lows for the past six months, we do need a change in momentum, or some further good news to break out. Without this we are most likely to slide back until we find our base, think we are pretty close to it around 1.5p. Newcrest need to release some drills results or present a positive case for us.
It is more of a buy than a sell at this point for me. As I say wouldn't be surprised to hear of newcrests interest in black hills. Telfer is similar in grade to black hills and pretty much at surface, why wouldn't they. If not newcrest there's quite a few other miners moving into the Paterson. Anyone of them could decide to buy it and GH was inferring as much in his recent proactive interview.
Think we need to sell it so we have enough cash to drill other targets without diluting the shares further. None of this will matter if Haverion gets the big thumb up from newcrest :)
I guess that's your decision, but the SP does move in mysterious ways, so could go up from here, but feel it's unlikely without some great news! Long game looks good if you can stomach short term slide, and although I say news is in six months we could get news in six days, but in my view it's not worth selling at this point.
This SP does seem to move in mysterious ways! It's almost like no investors are bothered about this company when we get good news and we might get a little bounce, but without news it slides back a coupe of percent daily, so investors are selling. But for what profit?
Think the only game is the long game, as I'm in the hole anyway so why would I sell, and I don't have limits set so they Carnot trigger any stop loss.
I wouldn't be surprised if we did get news of newcrest being interested in black hills tho, think we might have to do the drilling on the new targets first. Problem is we are six months to a year off from big news that could see this go a few 100%.