Member Info for darrenp

Good example of when stop losses should be kept in your head with small caps and not entered on your platform. Went below my stop loss today but won’t action it as the news has been good and prospects look good. Many will have dropped out in the last couple of days. Others will be building positions at a great price

Q4 update is due in the next few days. Nav is updated quarterly and will be updated in the report.

No wobble for S4 its just the market in general, covid bad news, brexit... don’t see it being a major move down unless new variant is found to be resistant to vaccines.

Think the markets will go down tomorrow, then back up, big bounce up when US stimulus package comes. Suspicious that the hype over the new variant of covid is just to scare people into getting the vaccine, as a lot of people are not keen, after all this new strain has been known of for over a month.

Hi bidnolid, good to see someone else still here from Derriston days. It was definitely a good day when MS decided to move S4 in, it just keeps getting better

As a comparison just imagine you’d invested in 3LSI instead for a play on silver

Wouldn’t think MS would be wanting to except an offer at this stage when he’s built so much, however I guess everything has its price, but can’t see it

Buy and hold

The cash raises are always put to good use, as per today’s rns

It’s available to trade on ii

Has been a very solid performer and looks like it will probably continue looking at the economic forecasts.

It’s been a great ride since Derriston capital days and I’m not ready to get off yet. This is such a positive fast growing business that’s going places. Thanks to MS

Hi Supercharger, like to read your posts. So do you prefer to invest in under valued miners such as HOC at the moment or do you also look at levered ETFs such as 3LSI which aims to pay 3x changes in the silver price?

Does anyone else play with this?

Don’t think you can add much for having resources in most of Africa Until you’re actually getting it out the ground and getting cash for it. The continent has a long record of disasters for many different reasons. All being well will be good for the future but don’t think will make much difference yet

It’s only temporary, the US economy is in a far worse condition than anywhere else, it’s just being hidden because of the upcoming election. The dollar is on the edge.
The only way I can see out of it is to inflate away those huge debts

But as every day recently there’s an organised attack on the gold price every afternoon, as if trying to flush out week gold holders in the U.K. and Europe before closing

You bought in again at 245.7p, so is it really a good move to be selling out again immediately? Unless you’re expecting a big drop?

Surprised more people are not into HG, consistently performs year after year. More good business done this week.

Even if gold and silver lost 30% HOC would still be very profitable. Would just suffer a short term share price drop Along with the rest. HOC is a well run business only really being badly affected by Covid. The government did many things right, such as locking down as soon as the first case was imported, but unfortunately Peru has still been hit hard.