Member Info for bottomdollar

Seems to be just a generic seasonal public safety message, no new or specific issue.

Sounds like a frustration post.

It would be easy to make money if all you had to do is buy something that an analyst is recommending (promoting) with a higher price target. The reality is that analysts' targets are rarely met, even when the company is a strong one. I do believe that THX has plenty of upside potential, but not because of one analyst report.

Sentiment is by far more important than fundamentals, most of the time. That is how the market works.

Https://www.kitco.com/news/article/2026-03-13/gold-miners-could-double-even-if-bullion-stalls-says-ninepoint-portfolio

Again, I would suggest that watching the clock for Segilola or any other news does not lead to better outcomes. If anything, there is a risk of disappointment and even backlash if (a) an announcement doesn't come exactly when impatient shareholders are expecting it; or (b) if the wider market doesn't instantly react to news with enthusiasm. Objectively speaking, we can see that the market has generally not been quick to reward THX for its success. The good thing is that we know what we've got, but we can't control when the market will come around to agreeing with us.

There is still too much day-to-day and hour-to-hour fretting on this board about the share price and the gold price. When gold is as volatile as it has been lately, it leaves many investors confused. And if somebody wants to buy undervalued gold stocks today, where will they take the money from when the overall market mood is bad?

I can't think of any better company where I can have confidence of extreme profitability and increasing value over a period of months to years, not hours or days.

Actually, I don't happen to agree with you on that IBABFO2. But I have always said, THX is a company that doesn't need ever-increasing gold prices to make money for us.

..how the analysts are silent while gold is having convulsions. The fact is they have no effing idea which way gold is going. But by the end of the day, they will pull themselves together and find intelligent-sounding words to say that their analysis is still correct.

Just a reminder, the "idiots" don't ever go away, they just change their behaviour unpredictably. I wouldn't call it technical, it's random, like the weather.

The only "problem" is the one that investors have chosen to live with every day - that the majority of market participants are irrational. So you invest in a stock and you wait until enough people come around to agreeing with your choice.

Re that video, "suspicion" is not "reason". Everybody is speculating and somebody will turn out to be right, but I don't see why that particular speculation is more reasoned than the rest.

I don't blame anybody who takes profit ever. But if you are not desperate for cash, this is not the week to sell THX (unless we wake up one morning to find that gold has started a reversal). In fact I would call it a buying opportunity on the UK side especially as of right now. IMO the PFS has not been digested by potential new buyers yet, and will have an impact short term.

Today's gain for THX is fully justified only by the latest surge in the gold price. Sorry for the capital letters, but that is worth emphasizing.

For example..

"China's Zijin Gold to buy Canadian miner Allied Gold for about $4 billion

Zijin Gold has agreed to buy Canada's Allied Gold for about $4.02 billion in cash, the companies said, as the

Chinese miner ramps up its global expansion against the backdrop of strong bullion price."

The AISC HAS to rise in later stages of a mining project, otherwise you are leaving money in the ground. Very crudely, when the AISC eventually creeps up to near the gold price, then you stop mining because no profit is coming out. We all knew that Douta's AISC would not be the same as Segilola's insanely low AISC, but in this high gold environment it still makes for very comfortable profits for years. And the number of relatively low AISC years will increase with ongoing exploration.

I agree with those who say this news should attract the interest of bigger fish - are we ready for that?

Https://www.kitco.com/news/article/2026-01-05/golds-rally-has-not-run-its-course-and-miners-are-sitting-capital?utm_source=site_navigation&utm_medium=sidebar_link&utm_campaign=trending_news&utm_term=gold_ab_sidebar_news

In the opinion of Wall Street Journal this morning:

"Escalating geopolitical tensions likely bolstered gold, which is viewed as a haven asset. The U.S. staged a Christmas Day strike on Islamic State in Nigeria, and has blockaded sanctioned oil tankers entering and exiting Venezuelan waters."

Note also that any aggressive move by Trump (regardless of the background or justification) seems to contribute to record gold prices.

Surprising to hear anybody is surprised by a minor dip!