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Technical analysis understood, thanks. Should the price drop below 3.5p I will be (as my opinion) strong buying; so when the s/p rises again (which it will) I will capitalise on the new rise, thus increasing my profit.
All you need to know. https://m.youtube.com/watch?feature=youtu.be&v=EX3YwgSziGg
Quite a few of us have been waiting for this kind of momentum for years. We never lost faith and battled against all the non believers, standing up for RGS and his team when spirits/ sp were low. I remember backing zee in a fight with another poster...fun days. Some attended the AGM and some made up stories, the best was about a brawl @ the AGM. I congratulate all for sticking to your guns. It looks to me that our patience is about to be rewarded, well done.... Blazer (aka) the optimist.
How Much Gold Does China Really Have? Posted on March 1, 2013 by kenmole With all the talk about gold and it's increasingly vital role within the global economy, it seems strange that the mainstream media are not looking closer into one of the most important aspects of this current 'rush'; China's gold. If you keep up to date with current trends in the gold market, then you will be well aware that China is not only the biggest producer of gold in the world, but also, very close to overtaking India as the largest consumer. Although many official tables place China's gold reserves at far below that of the likes of the United States and Germany, in truth, there is no concrete knowledge of just how much they are actually hoarding. http://yourbuygoldguide.com/how-much-gold-does-china-really-have/
the Chinese investment was just for the gold. With all the economic uncertainty of recent, could it be that they just want to turn cash into gold & build a bullion portfolio.?
Wed, 20th Mar 2013 07:03 RNS Number : 3906A Vatukoula Gold Mines PLC 20 March 2013 ? 20 March 2013 Vatukoula Gold Mines plc ("Vatukoula" or "the Company") Operational Update for the Second Quarter and Six Months ended February 2013 Vatukoula Gold Mines Plc (AIM:VGM), the AIM listed gold producer, is pleased to announce its unaudited preliminary operational results from its 100% owned Vatukoula Gold Mine in Fiji for the second quarter and six months ended 28th February 2013 ("H1"). · Initial mining on high grade Cayzer-Prince ore body has commenced · Cash cost per tonne remains stable at US$148 per tonne · EBITDA for H1of £1 million · Cash generated from operating in H1 of £0.4 million · Independent due diligence review confirms potential for production levels of 100,000 ounces per annum · In negotiations with several parties to fund US$ 30 - 40 million production expansion programme
that the sp jumps before the news breaks....
11/01/2013 10:00 Response to Ofcom award of Local TV licences for Glasgow and Edinburgh to STV STV is delighted to have been awarded the Local TV licences for Glasgow and Edinburgh. The two services, GTV and ETV, will be delivered in partnership with Glasgow Caledonian University and Edinburgh Napier University. GTV and ETV will provide an innovative television service to the communities they serve complementing STV's existing broadcast, online and mobile services. These new ventures will also provide media students with opportunities to work and learn in a live broadcast environment.
Why the jump ? When I looked at this BB I expected to see flashing lights everywhere. No rns/ no news/ no comments...all very quiet.
not as good as I would have hoped - gold production down/ explorations costs eating away at profits & a lot of waffle from paxton. Still worth a punt at mid 20's but may have to hold for a bit.
I hear you, but am gonna hold out for today unless sp drops heavily before the announcement. Still believe this sp good for 30p
news next week, any predictions ? price is good to get in but still dropping slightly....