Member Info for bonker99

TVM ;)

Let it settle - we're around the US close price of last night which is fair enough - there's bound to be a shake later for a BTFD opp :)

We had a fair bit of liquidity there for a few minutes so perhaps a big seller around 190p but who knows - auction again ...

1/14 of the all time high I should say :)

Unreadable - had auctions on the way down, had them on the way up :)

Ultimately, is the real money desperate to get into this or desperate to get out of it - it's at 1/8 of its all time high - your call.

And straight into auction :)

170p gap-up open

Nothing but Blackrock's usual mind games chaps :)

If you were offered Centamin's shares right now at 20p would you take them?

Ultimately, some will see it as simple as that at 150s here - it's your perspective and money vs the perspective and money of the rest of the market but for God's sake, don't be swayed by the Blackrock games or what I think, do your own thinking.

And that was two days ago on the dump to 92p - NOT yesterday - how many do you think they're actually holding after a 69% rise?

Psyops people - never, ever, ever take a blind bit of notice of a Blackrock TR1 ...

Morning everyone.

Just to underscore how oversold this was - despite a whopping +69% bounce yesterday, the daily RSI is still only at 22-23, i.e. still heavily oversold and very capable of bagging in a straight line even after yesterday's cracking rise.

Let's see what the day brings but the US closed at 186p (you may recall I mentioned that number yesterday) last night - I suspect we could see north of £2 today, maybe even £3, if the heavy big buying in the last half hour before the bell yesterday was anything to go by.

The latest US CPI number at 13:30 today remember - that could have a marked impact on the Gold price as it's expected to be big plus re the new Basel 3 rules, banks only have until the 31st March to buy their physical Gold otherwise they're locked out of the paper dumping market as they have to have 85% physical backing to their paper dumping games.

Maybe we'll get the divi, maybe we won't but even if it's only half the suggested 40p it's still a >10% bump in return here from under £2 - most people are here for the vast increase in stock valuation though of course following a classic butchering by Blackrock & co (I see they're dropping more nonsense TR1s today - don't take a blind bit of notice - they're total BS and aimed at PIs ...) so the divi is just a nice-to-have bonus.

Re the comparison with Centamin - clearly this should be valued significantly higher than Centamin based on just the Kazakhstan Gold & Copper resources (same 12m oz of gold at around 5x the grade and all of it already in production), completely disregarding anything in Russia, so I'm pretty confident of seeing those £5/£8 targets come to fruition at some point and maybe double that if you hold on long enough as the Russian stuff gets sorted out eventually - of course, if you don't hold on then it doesn't matter if those prices are seen or not ;)

https://twitter.com/bonker_99/status/1501462774739877889?s=20

;)

Yes and with with 15 years open pit to run - huge FCF throw off from that alone.

That's the tiddler - this one is the Daddy ;)

https://www.polymetalinternational.com/en/assets/where-we-operate/kyzyl/

@Jeremy - big, big money at play here - don't expect any quarter to be asked for or received on bulletin boards - he's probably at JPM/GS/Blackrock's HQ typing his nonsense - it's a green flag for sure.

Nice ;)

Agree Ginger - oil coming off a bunch as I type so that helps keep the costs down too of course.

Golden Cross on the chart at upper 90s at the end of the week - that'll turn some more trader/algo heads for sure.

Don't forget the US CPI number tomorrow - it's expected to be large and could have quite an impact on the Gold price - remember that 40% of POLY's Gold is in Kazakhstan ...

Great shout on the closing price - well done - agree about the lottery ticket :)

EVR's problems are EVR's problems - PIs pick a horse and know when to get off or be thrown off or they don't, it is what it is.

POLY have been pretty clear about the divi and yes it would be nice to have but it pails into insignificance compared to the likely share price upside here so no biggy either way IMO.

No doubt the big trades we saw around 4pm were the in-the-know mob who'd offloaded before the EVR news to buy into here - again, it just is what it is and it's all part of the game.

See what happens - I expect it to settle a new base price around £2 at some point for the launchpad to £5/£8 - I'm chilled.