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Agree monty, the current uncertainty and possible need for finance/ capital raise require a risk premium in this investment and therefore a lower share price. Aquifer issues don't help either.
Newmont Corp (NYSE: NEM) said on Thursday it plans to sell six non-core assets, including its Éléonore mine in Quebec, the Musselwhite and Porcupine mines in Ontario, the Coffee project in the Yukon Territory and its 70% stake in the Havieron joint venture with Greatland Gold (LON: GGP) in Western Australia.
https://www.mining.com/newmont-to-sell-six-non-core-assets-in-canada-australia/
They are just playing hardball suggesting it is go alone….further delays in the Hav decline could well have their 10% shareholder Newcrest looking closer at an open pit with 2m odd ounces from 20-300m below ground level down the road from Telfer…..plus they have barely drilled below 500m so far
With reasoning like this, not a share to be invested in…
yep thanks didn't think it was relevant to the share price performance
what was the size of their short again?
yep this could end flat on the day....SD needs to spend some resource on getting this listed on another exchange
and sellers are the frustrated who probably now suspect shorting and manipulation if they have followed this board at all...that doesn't help either
any suggestion that Newcrest would be shorting demonstrates a really low level of understanding
Yawn. That’s very dated Hydrant, all about 10 years old.
Those post gfc fines led to increased regulation and increased compliance within those IB’s…hard to believe they would be getting involved with AIM
Hydrant jinxed it again by predicting another break out....
Good to see you are learning Hydro....even though you rubbished it when it didn't see your view TA can be a useful addition to identify trends
Speedy its probably related to hedging to a corporate client and nothing to get excited about...BOA have probably generated massive fees servicing a gold producer (the side you don't see) who wants to lock in some certainty and leave some exposed to upside
so this share can't rise by any other means... for instance value buyers which could easily swamp the supposed current short position? and why would short's not have closed out already on the turnaround post RNS?
been good advice to hold against the shorters or "weak investors"?
topping up works better in upward momentum....
expecting a ceo to invest their own money in a project like this, outside of incentives is embarrassing and shows a lack of understanding
How many times do we have go through this....
*Buy / Sell is judged on the basis of the trade price in relation to the mid-price at the time the trade is published, e.g. if the trade price is greater than the mid-price, a purchase is assumed
might get back in at Joebloggs level depending on over ramping and painful complaints of shorting
im out.... last sell at 17.07
and like other exposures to Paterson over GGP
up to the individual on charts but i find them useful to provide momentum and direction on top of fundamentals, I agree with starbright on positioning and joebloggs on technicals,
Volume is probably insto's and pi's stopping out on a terrible investment for them...from any point this year its been a drag on performance of like -50%...and why add to a losing position....or as a new investor go against the momentum?
i think a test to Joebloggs tech levels will stabalise the share price....and then see fair gains in the next two years....another big find is something different....but dont forget anomalies such as Goliath have been written off which doesn't get mentioned here much.
134m at 1.7gt from 212 wasn't bad at antipa....outperfoming hav at those levels