Member Info for easyp

I wish I had invested money in BHP and not SOLG last year! In reality, I suspect either BHP or another major will make a bid for SOLG but at what price? I still hold some shares here but sold 2/3 last week and put it into FCX so as to be able to sleep more soundly. The patient will eventually enjoy a return on their punt but this is no get rich quick investment.

"BHP has pulled ahead of Royal Dutch Shell to become the UK’s biggest company by market value, underscoring the contrasting fortunes of the mining and oil industries during the pandemic.

The miner’s stock price has surged 120 per cent from its March lows, driven by booming Chinese demand for the company’s most important commodity, iron ore. Its shares are up 25 per cent from a year ago and BHP’s market capitalisation now stands at £120bn."

Hi, while India and the $1bn is a pressing matter does anyone have a view on the predictions of a commodity super cycle kicking off? Price of oil has certainly risen recently but CNE sp has not reflected that as yet.

20% of the shares changed hands in Madrid last week? Now that if substantiated dude is a very interesting fact which might persuade me to dabble. More info please.

https://www.zerohedge.com/commodities/jpmorgan-predicts-biggest-short-squeeze-yet-begins-next-month
If this comes to fruition then PMG might do rather well over the next few months.

https://www.zerohedge.com/commodities/jpmorgan-predicts-biggest-short-squeeze-yet-begins-next-month
It is possible that a tiddler like HUR might do rather well over the next few months if the article above turns out to be correct. Up to you, DYOR and HUR is a risky punt but the returns might be multiples rather than percentages.

Anyone follow SRB on the US markets? According to Seeking Alpha SRBIF now up 25.81%. I assume SRBIF is a Serabi Gold Plc Investment vehicle for N America? Anyway their punters like the RNS.

Encouraging but not spectacular grades. The plus side, usefully close to the surface and a processing plant. Not expecting the sp to rocket on this but who knows the mining market an odd place these days?

https://www.lse.co.uk/rns/SRB/palito-near-mine-exploration-success-btnz4yhqlssqz4z.html
SRB are chuffed because their soil analysis discovered patches of dirt with 0.8g/tonne of gold.....
Now cast your minds back a few days to what PAT published, compare the grades we saw with the above and ask why our sp has not doubled? It is a mystery to me!

It is tempting but last year we saw a rise on buying in Madrid which resulted in the sp rising but with no new/good news it all faded away. I am waiting on the sidelines for news of the permits being granted.

Yes, because the crooks who run the LME and CME will short it with paper to try and hold down the price for as long as they can. At some point they will then buy into silver and gold miners before letting the prices rip.

Not skewed.....rigged or manipulated.
Gold and Silver prices are daily rigged by paper trades in Chicago and London.
AIM shares liable to manipulation by traders of various sorts.

More likely a slap down by the shorters! That said I added this morning as I believe this is going to recover on the back of solid production figures and oil prices.

Nolo asking the FDA to grant an SPA was a big ask imo. Yes for an anti covid drug trial the FDA will bend the rules and take a risk but I think this was pushing the envelop for IMM. I hope you are wrong about Avion, the idea that they were only willing to fund P3 on the basis of being granted an SPA seems risky but wtfdik?

The gold is literally sat in shallow dirt on our acreage in Africa, the assay values are sky high, the local native miners are scooping up nuggets with metal detectors but the sp rise an anemic 2.94% at time of posting? WTF?

TO target quite likely but I doubt that Avion will get us that easily. Lupus an auto immune disease with a huge number of sufferers so a potential cure would draw a great deal of interest from big pharma imo.

Today's news was middle of the road imo but for small investors with stop losses the early drop will see them wake up check the markets and find they are out of the game. This morning is something of a tree shake imo.

Would not surprise me if some form of that is going on with the connivance of the market.

Added because I think the next update will be more of the same good news, 12,000 bopd, an acceptable water cut and a suggestion that the recoverable oil is more than thought last year.

The debts? Manageable and the cash flow looking good yet this trades at sub 3p a share?

If the management did this, if they hired locals our "mine" could be in production this week with employees armed with metal detectors and shovels.

Surprised to have bought 40,000 from HL minutes ago at just under 10p a share! The drop has been way overdone imo hence adding today at a price which will look cheap in a few months from now.

Talk to the local artisanal miners and offer them jobs. Hire a security team with gov approval and police the area that PAT owns mining rights on and protect it.

Great results, never seen grades like that from surface sampling in any of my other mining punts. No longer bothered about Indian Court Case!