Member Info for bonker99

There's only one Jamie ;)

Oil @ -$37pb - this is what I was talking 'bout last year ...

Evening.

Last year I/we warned of what would kick off following Basel 3 coming into effect.

The banks are, as always, driving this latest bubble to meet their own ends so the rule book goes out the window as per (as does anything else made out of paper or debt - hence Basel 3 to balance the books).

The lack of physical on COMEX has been known about for years, it was only ever a matter of calling in the chits to set a run on the very asset you've been artificially suppressing the price of whilst hoarding for a decade. The (faux panic) symptoms referred to in your post are just the usual BS for public consumption.

Who knows what happens next but factor in c$4,500 gold within three years IMO.

If you want to know more then ask Jamie.

Evening.

There's the left-hand to right-hand brick dumped @ £110k/2.5p.

Re targets - the PEA puts this @ c16p (plus cash) on the BFS at the current issue and the PEA REMs basket price - that's prior to the +60% resource upgrade and whatever happens to the REM basket price in the interim period of course.

Morning.

Well they've certainly kicked the can a long way down the road there then ...

£6m in the bank though and mcap = £5m :)

In the bottom drawer for me - there's far worse than this coming in 2020 for other "opportunities" out there IMO.

Are we having fun yet? :)

Daily RSI now at 7.9 which may be the lowest RSI I've seen in ten years :)

Perhaps a 3.00p print will do.

Then the 25p T/O bid? ;)

I think we all know these aren't "real" trades - what an opp at 5p though!

Agree - if whatever you're currently in isn't sat at cash-only value already then you likely need to wake up to where they could be in a couple of month's time.

Big bounces will come as they always do but I can't buy anything for at least a month from here, it's very much early doors still ...

Evening.

A bit grim out there for those without cash in the bank eh?

The last stated cash here was, surprise, worth c5.8p so I'm not suprised to see the usual suspects try and get a few out at cash-only value here.

I'm still holding and looking for mid-teens+ on the BFS ...

Evening.

The court case will be cover for the long-planned manipulation reversal I would think.

We got my projected PMs spike from last year then - likely choppy waters around $1,600 though IMO, likely time for a breather - what matters in here, though, is the Gold/Silver basket price realised against production numbers of course so let's see what turns up ...

Evening.

Yup - there'll be a very good reason for that but we'll only find out what it is when the the other shoe drops as always - banks already know of course ...

So far, so good in here - nice numbers yesterday.

Nothing guaranteed as ever but with c6p of cash in the bank and a 51% holding in the Rare Earths project that's already had £12m ploughed into it to get it to BFS stage this year, you're (if my math is right off the top of my head) currently able to buy into that £12m of investment at something like 20p on the Pound at a c7p SP here so if that doesn't net us all a very nice win down the line at some point then something is going to have to go very wrong here to end up with a loss from 7p :)

Afternoon.

Psychology does indeed play a big part in trading/investing and, yes, the wait is the hardest part for many/most :)

Cash, IIRC, is at c6p now BTW so they're sure to test that/shake down to around there IMO, hence the comedy bunched "sells" to break her down.

Dry powder at the ready chaps.

Evening.

There was always going to be one final/forced dip before the news that counts starts dropping this year.

I'm still here and still accumulating - these things have a habit of pivoting around new ISA dates ...

All good thanks mate :)

Tweeted an instant take on the chart - wheels off @ <50p IMO - bounces to c70/90p, gap-fill @ c130p.

GLA :)

Interesting around here!

.

It's a mess but a planned mess of course and I'm fairly sure we'll end up in the same place via Labour as the Tories ...

Yeah I've kept my hand in all year, just not been very active with posts, too much other stuff to do but eyeing IRR/HMI/MKA right now after a nice win on KEFI last week.

Nite.

Hey :)

I'm hard-Remain and centre-right economically/centre socially plus a liberal so LibDems a no-brainer vs the horrors of the far-left/far-right but in reality, I think there's virtually no chance we won't Brexit if people insist on propping up the corrupt two party state with their votes, even against FPTP.

I'm still around but trading relatively lightly this year - too busy in the real world to be posting much.

Hope all's well with you.

Cheers.

Hey.

Tories had my last vote - new LibDem here - that's about as in-the-middle as is on offer right now.

;)