Member Info for bobliz35

Mr Bond

Love your succinct analysis of the present scenario , however you have not researched sufficiently to determine the major players in the Comex debacle. i I did some research some time ago as to the elements as to determining the Comex price syndrome and was astonished as to the manipulators of what is supposedly an open market availability. You might find the Fed has a massive input into Comex but what do I know . Kind regards

Bob

Hi Tbbs ,good to see you are holding fast to your opinions and long may the freedom to voice them be open to you in this democracy, unlike a lot of Countries in this world.

However a few points of mine.

The Brexit referendum . First a democratic vote implies 3 options for all .
1) To vote in the affirmative
2) To vote in the negative.
3) AND MOST IMPORTANTLY THE RIGHT NOT TO VOTE AT ALL.

Next point. The European Union is the most undemocratic form of governance in the Western world. The Commission which rules the Union is an unelected body which cannot be removed by the European populace . Agreed the Union has a Parliament but the reins of power are held within the commission and have recently taken hold of the reins as to distribution of EU funds.

It is of no matter whether you like or dislike Trump but the American voter had its say at the ballot box. A similar situation will arise over Boris Johnson's tenure in a few years time and I would refer you to point number 3 above.

The very kindest regards and thanks for your massive contribution to this board.

Bob

Hi Tibbs

How I wish I had your certainty on what the BBC has to offer . Also the parlous situation that capitalism has had on the working man's life prospects. Almost makes you wish to emigrate to North Korea , Beijing . Venezuela , or Beijing.

But of course their population troubles are entirely due to the fed , global banks , market philosophy and oppression from fraudulent market forces. Oh dear

The very kindest regards (sincerely meant)

Bob

Cowichan,

Rather late and following a rather good Pinot Noir. Apologies.

What evaluation of AISC would be attributed to extracting value from this stock pile. in your professional opinion.
Sorry to be a pain.

Bob

Cowichan

Following my errant and large thumb early post.

There are few on here I follow with conviction but you are one However we are not all blessed with your understanding of mining procedures et al I am loathe to interpret your exacting figures but are you saying that (I am probably totally misrepresenting your analysis that the reserve stockpile held by CEY represents 1,880,000 at average return at .46/t Au equivalent to 828,000 Oz's of gold.
More importantly to an area I am quite functional in is whether this is shown in the reserves or impacts on the balance sheet. I cannot find it in the accounts or in the reserves. Any views contrary on this board or to add.

Bob

Cowichan

There are few on here I follow with conviction but you are one !

Hi Tibbs

Bobs head above the parapet again. Each year we have the same complaint about the Major Banks and I really do feel sorry for those who use their SIPP and brokerage service because they probably hold and have been inveigled into this via their current account provision.

Why do Barclays et al hold your divi for up to a week. Simples. The dollars go to their FX desk and at some point they will scalp off the exchange market when converting to sterling!!!!!!
Perhaps a small percentage point but when dealing in billions substantial on the P&L

Equally they will sell your dollars to retail or wholesale consumers at a negative true rate eg holiday currency and again profits in the pot. Probably several times over during the course of a week. True conversion rate to them say 1.38 and sold to the market at 1.34 or less.
I hold with Charles Stanley and have had the divi in my account at 8.30 on due pay date. Many good brokers offer the same facility with the opportunity to set a market order at your preconceived max or minimum.
Equally how many times have we said research the LSE trading platform (boring I know) but you will understand NMS , after market trading, Uncrossing trades, Broker to broker transactions etc and not take face value as cast in stone. Here comes the difficult bit. You ask your broker to buy 1000 shares in Centamin. He puts it into the book on the SELL side. This is an offer to the market to you to sell to him at that price A percentage less than the buy side which means an entry there is his willingness to sell to you at that price.

My take on Bitcoin. You cant see it you cant smell it and you cant spend it. There are major speculators in the bit coin market holding billions and when they have sucked in enough little guys by price holding a few at 40,000 or 50,00 will use AI to sell and leaving the small guy with his pants down holding nothing but a dream and a web wallet worth less than a decent leather wallet on the local market stall. Hope I'm wrong but Ponzi keeps hammering at my little grey cells.
As to Centamin, thousands of oz's gold in the ground, in my opinion much more than currently acknowledged although I listen very attentively to others more knowledgeable than I Have studied hard on Hogan's history and C.V. i believe he is motivated unlike his predecessors not by material gain (he has no need )but by far more driving ambition of ego and peer acclaim. Totally confident in his driving force to make Centamin a major in the gold mining sector.
I think enough has been said about Basel 3 , government debt, inflation and money printing (fashionably called quantative easing)

Oh well back in my hutch

Bob

Hi Cowichan

Thankyou for all your insightful insight into this board and your professional industry comments. I look at basically recycled open source from others but value your contribution above all others.

Thanks for a breath of fresh air and a sensible conclusion on this issue.
The UK may well lead the world on suppression of green house gasses but it is an irrelevancy of minor relevance on a global scale against the major contributors , China , Russia , India and the good old USA.
I will take this more seriously going forward positively when Greta from Sweden stands in Beijing or Red Square or Mumbai preaching her propaganda as to what is needed. Isn't going to happen is it? Ever!!! So why should we have a situation where the lights will go out when renewables cannot cope with demand here when China is opening up fossil fuel power stations on an enormous programme. Russia is pumping gas and oil to a dependant EU and Mumbai is negotiating the most
massive oil and gas deals with off shore providers in the Indian Ocean collective. to be real the populous decide governments and not one can stand in the way of heating , cooling or electricity grid continuance. Very sad that this may be.

Bob

Hi George

From memory directly in putting into the LSE trading platform.

You purchased £9000 odd pounds in CEY. lets say at 95.35. through your broker. From memory but I dont think the rules have changed that much your broker has 5 minutes to register that purchase in the LSE trading platform (the book) If it was larger then NMS normal Market Share then he could put it into the book(the LSE trading platform ) later and after trading closed at 4.30PM However during your trade at 95.35 the ticker price jumped to say 96 .5 the when it got entered it would show as a sell. Unless you have level2 access or the facility to trade the other side of the book then only believe the broker note you must have received regarding your purchase. It always saddens me to see these queries crop up as the LSE has some good advice . Manipulation of the book is quite regular as well as putting a buy order in at say 100p and then retracting it is quite common and skews the bid ask scenario. and can convert sells to buy and vice versa.

Not sure this helps but at the price you invested in CEY hopefully you will see a handsome return in the long run.

Kind regards

Bob

Hi Candid investor

That closing deal you indicate could be a buy or sell. Anything above NMS (about 10,000 )can be delayed so therefore it may have been dealt as a buy at some point during the day but the price will be reflected at the closing price. Equally it may well be a sell but only declared because of its size after the close. Additionally there is always a closing balancing called as a UT (uncrossing trades). Hope this helps to unravel what can be very misleading at times.
Level 2 access is quite informative but costs .

Very best regards Bob
The LSE has a definitive guide as to definitions on trades on the book and well worth a look as

Hi Tibbs,

Good to see you are still holding firm to your views of the World as I always get some merit from what you say even if mainly contrary to my views as to how to achieve better for our fellow human beings.
Lizzie and I have held premium bonds for at least 15 +years and the return is many percentages less than the return from Centamin and other shares we have held for a long time. Impatience (as a previous poster accurately posted )is not wise unless you can balance greed with fear , and not many can. Pro's excepted. Good to see the board maintains fine fettle and the depth of knowledge of the mining industry world wide is quite astonishing.
I am not gushing over Martin Hogan as yet but with the EU and the USA considerably exceeding debt levels to GDP and Lagarde saying she will maintain low rates even if in the short term inflation hits above the 2% level then as in the 60's inflation will attain a life of its own which Central Banks will be unable to control and overshoot raising interest rates to counter. I certainly dont wish to repeat those times where printing money was endemic.
Martin Hogan is still on my watch list but first term report would say "goal achieved but look forwrad to future prospects"

Oh well back in the bunker and kind regards to all long termers here.

Bob

Rarely post but value those who do even if contrary to my mantra as to the benefits to the population of the world as a whole.

Point one:- As a long term holder I am showing a 3 times gain on my original investment.

Point 2 Unlike other retail commodities gold is in the ground and not subject to the vagaries of the market. Good luck to those who value and trade bitcoin et al . Not able to access and trade the value on a daily basis
Point 3 and the most important to long term holders such as I . The drop in share value is almost irrelevant and indeed is almost to be welcomed for those other than the get rich quick brigade as the DIVIDEND IS PAID ON EACH SHARE HELD. !!!!! THEREFORE AT EACH DROP IN SHARE PRICE THE PERCENTAGE RETURN ANNUALY GETS HIGHER.
Am I delusional as I will not sell my holding whilst the divi is up held.
I am sure those who trade will regard my thoughts as heresy but there we go.

Try and buy my shares . NO CHANCE

Bob

Just love the smell of burning shorts in the morning. Hedge funds squealing. Is this the start of the shake down long overdue

Bob

Hi Cadell

No need to shout on this board,
Are you referring to Egypt or B.F re "dodgy jurisdiction and if either, I am sure all here would be pleased to hear the
reasons behind your statement,
Regrds Bob

Hi Tibbs

You are no doubt correct re Indian Production and that they will prioritise their own population but Astra Zeneca have stated that the first vaccine doses in the UK will be produced in Europe , not because we have manufacturing difficultey in the UK but to avoid wasting the contractual obligation by the Europeans to supply initial demand. The UK is already manufacturing the Astra Zeneca vaccine and has capacity to supply 80 million doses to the UK population in short order. Whether Logistics and health care professionals are capable of keeping up with supply is more of concern I think.
Nice to smell the burning leveraged shorts of the scalpers of CEY this morning as we burst through their stops.

Regards

Bob

IN HOUSE 80 million

Hi Tibbs

True India has its own manufacturing capability and no doubt their production will remaim in India for use.

However the following may help to alleviate concerns which your post raised that we rely on Indian Production.

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https://www.ft.com/content/651be7e7-2a4e-410f-8089-b4b7e887f6e8

AstraZeneca said it was using a continental facility initially because it had booked capacity there “which we wanted to use rather than waste”, not because of problems at the British sites.

The company and the vaccines task force said they expected UK-made supplies to start flowing smoothly early in the new year. Mr McCubbin said at least 80m of the 100m doses of the Oxford-AstraZeneca ordered by the UK government would be made in Britain.

Regards

Bob

Hi Tibbs,
Happy New Year to you and yours.
The only true measure of Brexit will be the comparison between British GDP and that of the Euro zone in the coming few years. Only then will we be able to judge whether the decision was the right one. The greatest sadness to me was Merkel not being more acqiescent to Cameron whilst rowing her around the boating lake in his shirt sleeves. Future history will tell.

Regrds

Bob

Hi Tibbs

Thanks for the Christmas felicitations and much appreciated. I very seldom agree with what you say but on this occasion must agree your sentiments. We lost over 1 million young British lives in defending Europe in 2 World Wars and I pray that
now being divorced from Europe that when Putin holds Europe to Ransom over gas and oil supplies into Germany and beyond on this occasion we step aside from his eventual acquisition of the Ukraine as its unlikely that the Americans will support NATO in its defence on the basis that a) The American public are tired of seeing young bodies bought back in body bags fighting many thousands of miles from home and b) Their economy will not support the cost of another foreign war and its effect on the American market. Europe will have to capitulate until Putin's avowed aim to bring back into the Russian fold all those in the previous USSR is achieved.
These events will over the next few years escalate gold and of course CEY into the stratosphere.

Keep well and safe. I for one have no problems with you expounding your views here as in many ways they reinforce my own views perhaps to the contrary.

Bob

Hi Tibbs

There is much correct in what you say. However being in oppostion is a far cry from making the decisions in power.

I made my points badly for which I apologise but I think Paul Emberry makes fair comment in his book recently out
Despised: Why the Modern Left Loathes the Working Class

As no doubt you will be aware iPaul Embery, is National Organiser for Trade Unions Against the EU calls on the TUC to listen to its grassroots

Keep well

Bob