Member Info for DrJamain

So here we are bumping our heads against 820 again. The question is which of these:
1) US CPI comes in hot, PMs fall back as do the miners
2) US CPI comes in lower and the PM/miner uptrend is supported.
Opinions?

A nice rise, let's hope is breaks the 820s, it's tried and failed 3 times since March.

Lucky - I thought it was a trifle optimistic!

According to the ALL Telegram group DGR are selling down to raise cash for one of their seed projects, Armour Energy. Many are awaiting an RNS updating their reduced holding. At some point they will leave the market at which point we can achieve more realistic SP.

As far as I can tell we are weighed down by DGR on AIM, but A11 on ASX is not. So A11 pushes higher overnight and we are held back during the day here. It is a situation that will not last.

Well I certainly expect more volatility before an uptrend in PMs is established. Inflation/interest rates/the Dollar will remain high for a time.
So do I believe this is the dawn? I doubt it, I suspect silver will be back in the teens pretty soon.

However PMs have held pretty well through this phase of interest rate hikes and today's rise is on good volume - someone is investing here. Around £20m of FRES shares have been traded today. Surely that is cause for some cheer.

Jeez Slater, FRES is up over 7% on good volume and you're moaning it's not as good as AA, BHP, Rio.
Give it a rest and enjoy your winnings in the Savoy.

Silver is off to the races, up 4.5% currently and over $20. The real thing or a false dawn?

I agree, the meteoric rise of the US 10-year yield evidences a haemorrhaging of faith in the fiat/debt-based system. Either central banks step in and support the debt market (which will further stoke inflation) or we are looking at very significant volatility.

Yup, MCAP below £200m and resource value in the billions and climbing. It's just a matter of time until this imbalance is corrected. Sit tight and top up when you have a chance.

Looks like the magic money tree is in bloom again! And the result? Currency debasement and, as you say BTB, inflation. In the meantime the spivs are getting fat on the carcass of the current fiat system.
FRES holding up pretty well given the chaos out there.

Hooray - works for Juanicipio hookup completed, some precautionary testing to be undertaken before expected operational rollout late October. In the meantime stockpiling will guarantee annual guidance.

The big swinging dicks are back from holiday and engineering fear

swest - exactly. I see their SP recovery as, in large part, a vote of confidence in their model. As you rightly point out they have been using ALL's Ghanaian feedstock supply as a key part of their strategy and the market seems to like it. As a result I remain confident.

No only are PLL a reflection of the health of the Li market, their fortunes are linked to ours - PLL need our Li, they need ALL to succeed and come to production asap with low cost and large reserves.
It is frustrating to be lagging the post-GS note recovery in Li stocks but I predict the ASX listing and PFS will get us moving. Patience required.
In the meantime I monitor PLL - they are relevant.

It feels like a corner has been turned here - solid update, decent progress, positives in the future, chart looking less appalling. It's a hold for me.

On the back of those results I'll take that

Lower production, higher costs, jam tomorrow. I'll hold and wait hoping my patience is rewarded.

Bounce?

They won't let PMs take off until they are well positioned, you can be sure of that.