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Baz, I was really thinking of the other guy taking the opportunity to spin ever more elaborate negative conjecture on top of one of your fact-free gloomfests. Which is indeed just like old times.
Good luck finding any 'excuses for the management' or 'heaps of praise' in my recent posts, by the way.
with Baz and Shylock riffing off each other. Strangely comforting, in a way.
NLR's stake was mostly built around the 30-40p (in new money) level. I doubt he's feeling too sore, and I also doubt that short term SP fluctuations in either direction are of great relevance to him at this point - he's has been clear he is thinking much longer term than that. Like BP though, I would expect and hope he's read the riot act given the exceptionally poor communications management recently, and I imagine the other directors who he has brought on will be applying pressure too.
In a decade-long campaign against this company, 'the chair and >40% shareholder is shorting it' is right up there with the most hilariously creative negative speculation I've seen from that source. Impossible to prove or disprove of course, so it just sits there as an unverifiable seed of doubt, which is entirely the objective. It's a clever technique born of specific professional training, a very familiar one to LTHs on here and deeply cynical.
Samson, your post by contrast is a model of good sense. Pleased to see you've calmed down a bit!
On you go then Samson, we could certainly do with a boost ;-)
As cooler heads predicted, this latest chapter in the Reddit book of fun and games looks like it's coming to a premature close. Meanwhile gold *looks* like it's firming up and the long, long consolidation from the summer peak may be completing. But I've thought that before. After the 30 Nov 'gold pour' coincided with a four month low in the gold price, is it too much to hope that actual gold production at Cononish may coincide with an upside breakout in the gold price? Probably. It's the hope that kills you.
Indeed RM. Message received.
Even by LSE's standards, their intraday SGZ chart is quite hilarious this morning.
We must all be thankful for small mercies, yayay.
Cheers Shylock. Looking forward to a re-invigorated obsessive campaign of dire predictions from you on here over the next month or so. Great to see you back. Again.
Still, on we go. What's a little pump spillage between friends?
If that was their intention it would have happened when the Cononish project was substantially de-risked but the share price was still c. 30p.
Yes. Also a biggish buy. I think we've all got used to anything substantial - buy or sell - being posted at least a day late.
LinViews, thanks for that. For anyone who hasn't seen it, highly recommended. The presentation is the first 30 mins and then it's Q&As (which I haven't watched). There's some really good additional detail on the technical side, particularly exploration and ionic leach, which was readily understandable by this arts graduate. Some good explanation of the exploration challenges presented by terrain, weather etc, and why ionic leach is such a good solution to those.
Samson, I wouldn't disagree with any of that! Fingers crossed...
It's a month since the winter solstice, and a month since the last update from Scotgold. Something this week would be good for morale, but suspect things may be held back for the AGM next Friday.
I’ll thank you to keep Miss Wemyss’s canal out of this. Dirty old man.
The rumours in the village are that Miss Wemyss is now fiercely pro-beaver.
Fame for your beavers in the media tab silversurger. It is somehow highly appropriate that LSE's screengrab from this board should be on the suitably tangential subject of beavers and river dredging. Could only have been bettered if it was the latest instalment from South Worcestershire - the misadventures of Mr and Mrs Keeper, Miss Wemyss, Sir Jasper, the Basils et al surely deserve a wider audience...
Loch Not So Occasional...
Baffling as ever RH. Assume there are chunky buys in the background which we'll see reported tomorrow. I'm certainly not complaining about a bit of blue though...
Thanks BP. That's a really good piece - balanced, accurate and setting the current Cononish ramp-up in the context of the forthcoming 'significant Scottish goldmining industry'. The market remains unmoved, for now...
Fair enough yayay. Personally I think when grounds for cautious optimism have been there, those have been expressed. And the grounds for hope now are in getting the vulnerable (initially) vaccinated asap to drastically reduce the rate of death and serious illness. That's within reach and the challenge is to reduce both health and economic harm in the interim. No easy task, and particularly if you're in those industries most seriously affected, it must be gutwrenching to see the light at the end of the tunnel appear with the vaccines in November, only to see the new variants and more lockdowns arrive now.
It may not be particularly jolly, but not giving people *false* hope in a public health emergency like this is a better strategy than the yoyoing from 'Alas, Alas' Johnson. You've a better chance of taking a higher proportion of people with you. I think we're seeing the outcome of that in the second wave now. In the first wave the outcomes in Scotland weren't that different to rUK. Hospitalisation and death rates in the second wave are, at the moment, looking significantly better in Scotland. I think that's in part because people haven't been encouraged at any point to think we're out of the woods, so there's a higher level of consent to the current restrictions which are knackering lives/businesses/personal finances/mental health across the board.
Ask/bid now 97.69/97.3 (for small vol).