Member Info for bonker99

Morning. FRES noted too :) Silver is one to watch this Summer for sure and it's recent trading correlation with copper caught my attention too. Copper and silver are peas in a pod of course so I wouldn't be surprised if it's the same money moving both right now. I think I'm right in saying that there's never been a bigger disconnect between the gold and silver price so perhaps that's about to be reconnected. Huge amounts of money flowing into PM ETFs recently too I gather. Who knows on dead bottom here but anything below 260p looks interesting to me.

Blimey: http://www.mining.com/copper-price-chinese-concentrate-imports-hit-18-year-high/?utm_source=dlvr.it&utm_medium=twitter

https://investingnews.com/daily/resource-investing/precious-metals-investing/silver-investing/ed-steer-invest-silver-now/

FWIW and as much as I understand it - silver is trading at a record discount to the current gold price. Moreover, there's more buying pressure on silver as gold goes higher as it's the cheaper jewellery alternative for places like India. It's also an epic madman when it does eventually go with moves up/down that can make everything else look pedestrian :) Very interesting correlation with copper this week imo.

$3.28 - tasty :)

215p close then? ;)

Let her print 198.n then smash her in imo ;)

@ Mm - There's a massive rise in this at some point, I've been convinced of it for a long time - certainly to a fiver or so but timing it is tough cos she's wild :) OPHR could be real tough @ <50p but that's another tough call - buy some more junior copper play! ;)

ECB - print away - what choice? Rates rise a given? Priced in then? And if they don't? Goldman pushing 8x rates rises by end of 2019 ffs lol, they must be desperate to get rid of their Dollars (much like everyone else!)

Again, from chart memory - she's already double-bottomed @ 185p. JPM/Silver price manipulation very well documented ;)

She's just filled an outstanding gap IIRC so see how she goes - huge targets here if silver takes off to $20s.

Because Silver is starting to shape up.

Copper going again - REALLY well correlated with Silver this week which is interesting. Looks like the same money driving both to moi.

Our Guiding Hand will have covered the bases I'm sure.

Not worried, no. I'm sure it's all in hand ;)

Also nice t see 30% JV stakes continuing to be bought out ;) https://www.australianmining.com.au/news/sandfire-acquire-talisman-share-springfield-jv-72m/?utm_source=dlvr.it&utm_medium=twitter

Nice rolly ;)

So, the narrative there is about the possibility of gaining access to BIG widths of 0.5%+ copper at depth across a very large area, i.e. 100sq km or so, encompassing the currently known resources - T3 Dome(s)/T1. This isn't new, JH of MOD has talked about this in the past and the recent 0.5% @ 500m contact made on T-Rex reads to that too. The domes give us higher grades in concentrations closer to surface but this background 0.5%+ copper is what underlies it all. Conceivably, you could be talking about open pit operations on multiple domes and/or with attached underground ops that go for the big width/lower grade stuff that is deeper - much as is being modelled on the current T3 pit of course.

RNS COMPLETION OF CDI SALE FACILITY FOR HOLDINGS OF LESS THAN A MARKETABLE PARCEL DIRECTORS' PARTICIPATION IN THE ACQUISITION

Sorry, that's just the known expansion case from the PFS - more dome hits will be telephone numbers