Member Info for Dibs61

Banks - May is signalling a change in monetary policy. She knows they can't raise interest rates. So what is left? Fiscal policy, that's what's left. Helicopter money on the way?

I agree with pomander - I didn't see anybody on these boards forecasting this retrace a few days back (myself included). I did, however, see a number of bullish suggestions of another 100%, £3, 390p etc. Hindsight is a wonderful thing. What we can now see is that the retrace is running out of steam and any enthusiasm for taking profits is running out. Equilibrium is being reached.

True!

It's all smoke and mirrors, talk, talk, blah blah blah. Listen, if anyone thinks there's a genuine recovery, or that the fundamental issues that have dogged the world for the last eight years, have gone away, (jolly are you listening?) I ask you this... Why have we had, and still have, the lowest interest rates in history? And why is it still such a problem increasing them at all? Even by a measly quarter of a percent?!! Doesn't that tell you something? Shouldn't that be telling you something? That is why Gold is key. It is a small market but it is crucial. It provides a signal, a barometer. And it's vital to the 'powers that be' to provide the 'everything's OK folks!' Message. Subdued gold prices are part of that strategy. Earlier this year they lost control. The opportunity has been seized for another knock down but that that won't last. The problems haven't gone away. The Debt continues to rise. Would you voluntarily increase the level of interest you pay if you had to service huge personal debt?

Mmmm Winnifroth has been pumping this for months. His latest blurb has seemingly fallen on deaf ears. It all comes down to good management. Blamire clearly failed and has been shifted away from the areas which need addressing which includes the overall sales strategy. Hopefully the two relatively new guys Read and Abbot can gain some traction. Early signs are that they are.

I sincerely hope so

jolly - sp got ahead of reality - hmmm where did that notion come from? Rather a loose statement without any back up. Have you actually completed a proper valuation here? It's perfectly possible, there is enough information.

Why is it that anybody who has got anything less than 100% bullishness on a stock gets castigated? Pathetic Pom - keep posting mate you are welcome on here AFAIAC. It is good to get different points of view and he often puts across reasonable observations IMO. BTW it looks like the tail is wagging the dog here as far as Nasdaq is concerned!

more like....

Interesting that MM's prepared to let that 250k go for 4.62 (above the bid). Regular long termers wouldn't need reminding that wouldn't have happened a few months ago. ;)

ego - good post. The market needs time to absorb properly and find the correct valuation based on yesterday's deal. There is no stampede out and the retrace today is small against yesterday's mammoth rise.

Volume is actually quite light today so there's no real heavy selling, just a few jumpy retail investors taking profits or whatever. I would imagine the bigger players are keeping their powder dry waiting for the dust to settle a bit. ;) IMO this is NOT expensive at this level given all the ratification of yesterday's deal. So if you're still in I would say HOLD tight.

Off the floor laughing after yesterday's announcement. Seriously? This bunch of clowns who have goofed up for so long are now telling us the Kosovan govt *s******s* are engaging them for their 'expertise'. Please, oh please, stop it!!

Is frankly absurd. Fall way overdone against fall in gold and fact that ShG are largely hedged anyway this year! Some people are such muppets. This is a clear buying opportunity. Don't be fooled, Gold IS now in a bull market.

I'm not aware that Gates Foundation own shares in ODX?

Pomander - just for starters I see you don't mention the fact SUMM have retained US, and indeed rest of the world rights. This agreement essentially just covers Europe.

Thanks very much for your thoughts and round up of FLX as you see it, very interesting. I reckon we're going to get an update of some kind very soon now. It would be a shrewd move to clear out the financial uncertainties first (as they have). ATB

You're correct to a large extent. I think around 75% of this years production has been hedged and even with a slightly lower gold price this is still high margin stuff. So very little impact on Shanta. Today's fall is vastly overdone and, quite frankly, a joke.

Who knows you could be right. I've been having another look here and seeing the Darwin note repaid plus investment by the Turner Pope people who seem to be previous backers of MR. These both seem positive to me and I note they're not asking for so much working capital this time round. I'm thinking there could actually be some upside coming here. Clearly Turner Pope are sticky holders. The company have been expressing high confidence of rapidly growing cyber revenues so I expect them to deliver. There has been a long period of no contract news so I would expect some soon. Speculatively I think there's some mileage here so I've taken another punt today.

There will always be 'a bit of selling'. It's a question of whether this will be exceeded by a bit more buying. Daisan has presented the case well and accurately IMO and that should be more than sufficent to support the current SP as we head into the last quarter.