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Ageos ..merry Xmas mate ur posts are on another plane so thanks for explaining things so lucidly .. so much so I think I understand it .. lol ..ATB

Afternoon red Roy & compliments of the season to u my man ... yes Ur right some interesting developments taking place and ur almost in an identical position to me investment wise but like u it’s only a paper loss and have been in this position with Atalaya & Solgold & the story is still unfolding there of course .. so I can truly say I’m as confident about this as those other 2 and it’s a fact of life that mining companies at this stage of their journey get hit hard when sentiment falls as it has done of late and things start looking iffy on a global scale but there is huge value in this and some big players on board with us who know exactly what this is worth .. so with a steady ship we can steer ourselves to more productive times I’m sure of it ... there are many riches awaiting us with what we have in the ground so just more patience is needed and our time will surely come ... All the best fella and GLA

I admit my biggest reason for investing here is because I think nickel will be a massive player going forward I’ve always said that and secondly I think Hzm is a well run company with a good BOD and they have 2 Tier 1 assets which is fair enough I suppose ...but as the last couple of months have proved we do need (ideally )the nickel price to be in excess of 14000 dollars for this to become a serious player in the bigger picture ... because as and when we get to producing the stuff unless someone takes us out b4 hand ... the world could be a totally different place ..so I have to agree with young slubby that that article about nickel is one helluva good read and thanks to jailbird for posting it ...
In fact it makes my football driven comment that 2019 could be our year seem pretty feasible as opposed to it just being blind optimism ...lol it has been a tough year for any lths here with averages much higher than the current sp but at least there’s much to still look forward to and at the end of the day we are still in pretty good shape ...despite our severe kicking ..these last couple of months ..onwards and upwards fellas ps good to see some more director buys .. nice one

What with the recent turmoil caused partly by the actions of the Federal reserve and their insistence on raising int rates and sparking growing fears that by adopting such a stance with not much sign of it easing that sometime soon they are fuelling the chances of a global economic downturn which is already starting to gather pace particularly in the US which is a bell weather for such matters ... when something like that happens people shift from stocks to bonds and other safe havens like Gold which will undoubtedly have its day if this scenario starts to look increasingly likely .. now i readily admit I’m no genius but I do know that Newmont are here for one reason and one reason only becos they see this as a potential massive earner and would be only here becos they already know what’s there and what’s coming and if that’s proven right as I suspect it will from what we all know ..it’s boom time for anyone invested here ...and if the gold price rises as it inevitably will if the downturn does occur as expected ...u will be glad u invested here ... the only thing needed for the time being is patience but at this price and after that last Rns it’s a bit of a no brainer for me but aimho no advice intended and Dyor ... and oh yes festive greetings to all invested here

Not the outcome we wanted fellas tbh but anyone majorly surprised after the run we’ve had ? ...no thought not ...roll on 2019 ...it’s gonna be our year I can feel it ...lol GLA

That’s got to be good news and & tbh that needed to be sorted first b4 anything else was announced as it clears the decks ... so now upwards and onwards hopefully.
What with the global jitters right now ..and the fear factor rising by the day what better place to be than being in a gold stock and one like Orosur with Iliterally it’s own gold mine and a mining giant on board .. for me it’s a total no brainer so much so I’ve even heard that legendary character out of Viz ...Terry F*ckwitt has bought some ...so that tells u all U need to know .. merry Xmas & GLA invested here

Morning fellas &Seasons greetings to all .. slightly off topic but indirectly linked to us here I guess but ...The big fall in the nickel futures price from over 16000$ dollars a ton to less than 11000$ dollars a ton along with the tumbling price of copper from 3.30 to <2.70 a pound (and most of the commodities in truth ) has been driven as much as anything by a combination of the strong dollar and falling sentiment over issues like the trade war and the growing risk of rising inflationary trends which potentially has the effect of stalling global growth ... and 1 of the drivers of all that ,imho oddly enough ,has been the insistence of the Fed Reserve in the US of increasing interest rates in their efforts to try and stop the US economy from overheating -and tbh earlier this year that seemed pretty fair dinkum to me at least but given the market turmoil over the past 2 months a growing criticism of this stance has now taken hold ...point being their next move is scheduled for Wednesday and its getting close to crunch time ...making it ia pretty pivotal moment as to what happens next ....the attached article imho just about sums up where we are and with the right action or even if they were to indicate a shift in stance even ..it cud either kick start a recovery or make it a lot worse ... so let’s hope its the former... we cud defo do with a boost here that is for sure so Fingers crossed & GLA

https://www.cnbc.com/2018/12/17/cramer-four-things-need-to-happen-for-the-stock-market-to-bottom.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

The reassuring bit for me even with the price drop is that the market priced this at the open between 230-240 so that’s what they thought of it ...which was a lot better than the first one .. but the quick hit profit takers soon put paid to that altho it now looks like some decent buys are flooding in and why wouldn’t that be the case ? To think no increase to original funding cost after 3 years and to them double production to 28k tons at what price nickel then ffs the much better IRR and huge jump in value ...even at 11000 $ a ton with its low cost base it’s making 4000$ per ton for the first 10 years ... which makes a current net market cap of 16-18 million a joke , particularly when u think it was £50 million b4 the original FS and now this one with far better economics to the fore ... look I know having the nickel just in the ground affects it’s real value as opposed to producing the stuff... but come on with these new numbers they must now surely have a great chance of generating some real interest here and when they do 2p will then seem a crazy price but aimho Dyor & merry Xmas

Well I said at the time the FS was first released that had it contained the detail contained in that one today we would never have found ourselves in the situation we have ,so whilst there is nothing anybody can do to change that now the huge upside is that the numbers there pretty conclusively prove that this project has not only world class assets but world class economics to go alongside it and I for one am chuffed to bits with that irrespective of how long it takes to reflect in sp terms ..as I’m pretty sure it will do one day soon . The changing landscape in the world is rapidly evolving and the general consensus all points to the commodity markets and nickel in particular to benefit greatly from the green revolution and this company with a bit of luck and a fair wind are perfectly placed to profit greatly from it Those numbers are fairly conservative imho yet totally compelling and any of the big players out there will not surely pass up what is a golden egg waiting to be laid ...but time will tell as always fellas ..but that’s a huge step forward today so well done Jezzer and the team & festive greetings to all invested here ..

That’s a lot better fellas the spread has just jumped to 2-2.10 on not a lot visibly so maybe news is on it’s way or ATG has upped his stake again ..if so ..well Done u fella

Spoke too soon .. lol ..we have 2 sales first thing and ..... unbelievable Jeff !

Possibly good timing ATG as a very unusual thing has happened today the not unusual bit is that the arse has fallen out of the wider market once again ...but surprise surprise Hzm defy all odds and go up 5 cents .. get in there ...let’s hope - it’s a turning point It’s well overdue I know that much .. so just hope the news that’s due anytime has the desired effect ...after such a devastating drop in the Sp GLA

Out of interest I’m pretty sure having bought yesterday and looked at prices early doors today that the first 2 transactions today were definitely buys but what doesn’t appear either here or on moneyam is a secondary market trade on Nex going thru at 4.80 and immediately after that broker presumably took his price down to 4.70 but leaving the ask at 5.20 hence the mid price dropping to 4.95 ...but in reality it’s irrelevant as once this starts rolling as Awax quite rightly points out - its potential is significantly higher than this that is for sure ...shouldn’t be long now before we get an update hopefully GLA

Keep the faith fella just take a look at that picture gallery- those images don’t lie methinks but I have to say it’s been a crazy 2 days for the sp -so much so I’ve just added some more GLA

Morning all ..yes good to see another director buy can’t fault the bloke but the breakthrough on the trade tensions is a massive plus for me and allied to the Feds more doveish stance has resulted in the reaction we suspected with the mining giants flying today as commodity prices bounce back and the dollar tumbles ...which shud filter down to the likes of Hzm pretty soon esp If nickel continues its recent rise and the imminent news arrives on cue and either meets or betters expectation ... as such if this isn’t a golden opportunity to buy in im not sure what is ... not with a market cap as low as this at present .. it beggars belief really but only aimho of course ... have a great day fellas and GLA

Morning Harkin welcome aboard fella .. I’m no expert but how I see it is this .. most mining companies who are actually producing a commodity at this moment will be affected by the fall in commodity prices for obvious reasons as most metals are traded in US dollars which to me means that when the dollar is weak against other currencies say against the pound then it makes the metal cheaper to buy becos u are getting more dollars for ur pound of sterling ... conversely when the dollar is strong as it has been of late partly due to the interest rate policy and the fact the US economy is powering ahead has made the price of metals more expensive and as such the theory is u will not sell as much as it’s too pricey . Inevitably all mining shares take a hit like Glen which was over £4 not so long ago and now 2.90 ... so I would expect that to rise if the dollar continues to fall and more so if Trump brokers a trade deal with China as that too will weaken the dollar and boost the miners simultaneously .. look the fall in prices will affect Hzm for sure but as it’s a long way off producing I tend to think it’s more the sentiment and the risk off approach many investors take at times like these .. a lot of smaller companies have been hit hard it’s not just us but as I’ve said b4 if these 2 things come together we are back in play big time and this is now a golden time to fill ur boots ... I don’t use metrics as such I just keep an eye on the dollar and the key commodities like copper oil & nickel hope this helps and good luck with ur investment

The strength of the dollar has been a big factor in the commodity price fall and one of the reasons for that has been the Feds hawkish views on interest rates and using them to stop the U S economy overheating but by doing so and in Oct they announced this strategy would continue .. in the meantime the Donald had publicly criticised this stance albeit with no response til tonight when it’s been confirmed by Jerome Powell that he considers the int rates to now be close to neutral .. guess what the Dow jumps 600 points... the dollar falls ...commodity prices rise ... the only thing now is a trade deal to be agreed with China and then we wud really be off to the races ... if that happens 2p is the sale of the century imho and many will ask themselves why didn’t i fill my bucket ... but time will tell I suppose GLA

To do with the nickel price today fellas ... those economics are truly mind blowing when u look at crazy cheap this is ..

Fair play to the guy that’s a cracking interview so thanks for posting it Hawaii ..25 million mkt cap with 8 million + in the bank and 2 Tier 1 assets u couldn’t make it up

I know there are about as many trades on the Tsx as there are entries in a hermits address book but that’s still showing at 3 and a half cents and as the Canadian dollar is virtually on a par with the U S dollar (so roughly at 1.28 to the £) that translates into about 2.7 p ...in sterling ...which is a 50% jump on where we are at present ffs ... so bring it on I say pronto ..this has been a torrid time and I’m so underwater the missus now calls me the submarine no need is there lads lol GLA