Member Info for Dibs61

A Paragon of Virtue (lol)

Has been stopped.

I don't know, each to their own. Whatever you decide works for you. FWIW I think you could be in a lot worse companies than this one. To be frank there are numerous companies on AIM which are a complete waste of time. This is a profitable growing company with good management. Easily profitable even at sub $1000 gold price. You could do a lot worse than be here. For me It's a rock solid hold with the potential for substantial upside on a firming gold price.

No pro sports. Whole myriad of reasons why people buy and sell. Impossible to know. Some investors set little stall by TA (technical analysis). Some rely on it completely. Some invest on fundamentals alone. I tend to look at both TA and fundamentals but it does depends on my strategy and the individual stock.

Is holding up well atm given the rather strange smacking gold price is receiving today. Given the myriad of macroeconomic and geopolitical issues abounding its extraordinary gold is going down. That said "the every things ok" brigade is out today in force in the stock market so that probably explains a lot.

Devtrad - some investors (and certainly traders) rely on technical SP chart indicators and patterns to ascertain whether a SP is likely to go up or down and/or whether it is technically cheap or expensive. When the SHG SP topped 8p it was technically looking overbought on key technical indicators known as MACD and RSI. Thus, as most things in life follow natural patterns/waves/cycles, call it what you will, it is assumed that something cannot just keep on going up. It has to come down again before it goes up again. HTH

Someones bottled it for an £800 loss in less than two weeks. Well done. Good work.

This had almost doubled from its low of 4.125p so a retrace was inevitable. That retrace is now happening and once it has completed we should move up the next leg. Fundamentally everything is looking extremely positive, I see this as purely a technical pullback.

mpg1 - at some point amara are going to require further funding for development. Unless of course they go (more likely) for a JV partner (still require funding) The alternative is they sell the asset or get taken over. I'm happy to hold for foreseeable given they have a huge resource and also waiting for the feasibility optimisation this quarter. This hopefully will improve the economics. I also see no reason why we shouldn't benefit from a strong gold price though we may not be in the first wave of beneficiaries, that will be the senior producers. It's each to their own. I'm happy to hold both. I am wondering who is offloading here currently. I am hoping it's not Odey.

Assuming SHG secured sales on 50,000 ozs this year at current price (the current unhedged portion) that's at least an extra $5m dollars goes straight to the bottom line over and above what the price was just a month ago. That's gold price leverage for you.

Theres no guarantee anyone will buy this stock before they run out of money in this bear market either. But since I'm sure you were making a serious point - there are hard assets in the ground here. Not going anywhere. Not worthless paper. Of course someone will dig it out the ground. There are very few new gold developments taking place now and the gold will be needed. Amara, it seems to me, are in a pretty decent place to profit.

Pretty clear we're seeing a sequence of orders being filled as positions are taken. Volume is now consistently higher and, at some point, this IS going to pop.

Yep jolly cheers.... My strategy is not to have any savings in the bank. Hold cash. Hold physical Gold. Hold Gold stocks. Stock up on food provisions. I don't know where the final tipping point will be but it's well on the way now. More and more red lights flashing with each passing day. Yet the masses just continue with their ordinary lives. Ignorance is bliss. For now.

Did someone manage to get 775k shares away here for 0.70p when the bids been stuck on .65 all morning?

All we have to do is sit tight here and watch the fun unfold.

Come on let's have the other side of the coin. What about the other 52-57k ozs that haven't been hedged at that level? ;)

The anomaly is patently absurd in terms of valuation. Do you know what the grade is there? Ours is quite good. Gold price on the rise. If that continues it'll start to concentrate a few (Chinese) minds.

Gold price has smashed through two key levels - $1800 and $1200. Entering new bull market?

Very bullish news. Got to be positive for this stock. Expecting a reaction today.

Hehe yes indeed. Nothing like a healthy dose of cynicism. Keep us all grounded. Our fate though ultimately lies in the hands of the Chinese no? Isn't that where most off our eggs have been placed though clearly Fas with 25% are going to have a say.