Member Info for carvegyber

Jmax, the key in getting this to 1000p would be positive cashflow. The last 2 years have been badly hit by negative cashflow due to high CAPEX and costs. If Mar numbers can show $200m positive cashflow, then this would fly.

Hoc and this seems to be the only PM miners on the move? I wonder why that is.

With those numbers and last year's PM prices, I would expected revenue to be some 10% higher. The mxp/usd and inflation doesn't seems to have run away so I am hoping that come march, it will reflect a positive cashflow. That would massively rerate this stock. Analysts would be sharpening their pencils up to March and if the pivot noises get louder than now, could be good times ahead.

This RNS is so funny in a way. No bad news = good news. LMAO

Good luck guys.

Just had to take a little punt on the production report at these levels. A decent report coupled with strong gold and silver would see this rise 20% I reckon.

It is a gamble but if you don't risk it, you don't make it.

Weekends are normally when big moves happen.

Yeah I got in 518 order for a trade. and silver 2258 couple of days ago.

A dovish remark from Powell is all that is needed for my trades to make a mint....lol

Sharp, it is because the price of FRes is more directly moved by gold and silver rather than USD/MXN.

My question is, how long will the feds hold out before dropping rates despite the inflation rise? Market originally priced March because of Powell comments but after today, it is getting repriced. I wonder if the real driver will actually be inflation figures or government's need for lower debt servicing interests. As bonds mature, they are getting replaced with much higher rate ones. Government's fixed rate mortgages are coming to an end!

Why doesn't anyone call the US government's solvency into question?

Yeah, Gold has been flying but gold miners in general has been dire due to your points. Positive cashflow would give this a big boost. We will only find out at the preliminary....

HNY everyone.

Yeah, clear from middle of last year that only way for victory in Ukraine is negotiation or western mobilisation which would lead to nuclear war.

Bursting through 600 is very significant.

This view seems to make sense?

Dec 12 (Reuters) – December FX markets may not be a useful indication of future trends because they are often influenced by the unwinding of positions that usually happens before the end of the year.

Moves that occur in December may be reversed in January, with traders who booked profits on successful positions more than likely returning to the bets that rewarded them Traders who have made good money buying euros, gold and Bitcoin and selling yen have been booking profits, resulting in big gains for the yen, and a slump for gold. EUR/USD has sunk from above 1.10 at the end of November toward 1.0700 in December, while Bitcoin has rapidly shed $4,000 of its recent strong gains.

Profit-taking is not just restricted to these more popular trades, with almost every big bet impacted recently, boosting AUD, CAD, NZD and the yuan and other Asian currencies which traders had widely shorted.

As more traders close bets and take a break liquidity is diminished exaggerating the impact of flows and the size and speed of recent changes.

Next year may see a reverse in the direction of currencies sold this month, because a lot of the bets pared were done so profitably. If not, a period of consolidation may see markets start quietly as traders seek inspiration – most likely from the expected path of interest rates.

They don't care because it hasn't hit them in their wallets yet. Their government can just keep borrowing without consequences. Maybe mortgage payments are too high now so they just rent for a while and that is it. Plenty of jobs and pay is up.

Real pain will come when they have to drop rates because of recession or when the debt interest becomes too high to bear as the low rate bonds mature and is replaced by high rate ones. I think you could see a scenario that bond buyers will just suddenly not buy bonds if the rates are too low. All it takes is a little sell off to set the ball rolling.... all comes down in flames.

If we get a strong quarter of production report Q4 at end of Jan, it could be a catalyst for a rapid rise. At the moment, we are looking at missing or at the bottom of the outlook. I hope they get their sheet together in Mexico...

I can't believe with gold and silver at these levels, we are languishing in the 500s. PM miners as a sector is really out of fashion compounded by the exodus from british equities. The Hunt needs to go......

Kwarteng would have been great but he got murdered by our socialist media.

If this turns cashflow positive at mar results, it will fly. When this flies, it flies. We just need gold and silver to stay high for this to happen. The central banks are shifting to pivot mode..... cos debt is unsustainable at current rates.

It is so hard to trade silver. One day it is really damp in relation to gold, and next you know, it is outstripping it despite industrial turning down....

One set of inflation figures and kaboom.... All you need now is US growth to splutter and couple of more bombs in the ME. Morbid as that sounds!

Spring could see a negative picture after all the covid cash is spunked on Xmas.

Mr. Gringo has gone to congo?

Nfp undershoot has given gold a big boost.... Need couple bit more to get it above 2000 and stay there. That is when silver might fly. No more news of the silver squeeze out there....

Anyone know what is causing the weakness in silver? With gold at these levels, I would have said silver 25+ Even the other commodity metals are doing well so why is silver so poor?

Seems silver is not enjoying as as big a bounce as gold? Bit of a bummer as I mostly trade silver.