Member Info for Eish

Still dead but less so at sp of 117! LOL!!

It is a two-way-sword from the perspective that the mines have always been seen as "exploiters of the workers", yet are major employers of uneducated manual labourers. With the drive to redistribution of wealth, one wonders what the new Mining Charter will achieve? As the mines offer work for hundred's of thousands, will this mean less investment by the big mining houses, imho. Will these very same Mining Houses invest elsewhere in Africa or overseas as we can see post-Apartheid by the trend by Anglo, Sibanye and Harmony etc... Will wealthy invested black politicians kill the golden goose? I think not. Reason being that I am not convinced they really care more about the underdog versus their bank accounts! Let's see.....

Valhalla2017, you remind me of my army days in hot Transvaal Valhalla! There is plenty of info available if you Google "Dividends" Example: http://smallbusiness.chron.com/effect-stock-dividend-declared-issued-vs-cash-dividend-declared-paid-58296.html Now if you would be kind enough to post on this board when ACA's Divi gets paid, I would appreciate it, thank you!

Further good news! Surely 500 and beyond is now feasible? Imagine if there is a 3rd RNS to say "talks with Endeavour going swell"!!!

I think Drucks is waiting for the Big Pear to go out of shape, then BOOM, bonanza! Next is Yellen's views on increasing interest rates, is to Congress? I wonder if her hands are not tied behind her back, she HAS to increase, imho. Then I think the USA wheels may just start to come off....? Whatever, it is Bullish for Gold and Silver right now in early 2017! The tide has long ago turned! In 2016 More important is when we get the good news that our main mine has started up again? Anybody got any news?

Great RNS and now the question is: Will we break the 500 barrier? Wonder what is happening behind the scenes with Merger Talks? If these two combined, a giant in Africa could be created, imho! So much gold lying around in Africa my friends! Just the lousy politics of it all!

Dead = straight line for the day! LOL!!

Thanks pfox99 for your thoughts! I 1/2ed my HOC's portfolio and decided to punt ACA on the basis that it is a good little miner and on the possibility of the talked about merger. As they say: gain and sell on the rumour - or something to that effect?

Lennie, can I ask you a question for an opinion, please? A while back when Mr Gray bought his wad of shares, could it be that the MM's may have had the power to force sp down to enable the Billionaire to buy his wad of shares? Just wondering how dirty things could get on here? LOL!

Van Eck's on board is a good sign! POG and POS a little dampened by talk of the next interest rate rise and some other US news of really no importance imho! Interference by background news!

What zumite said could impact on our investment here! What he did say: “The Mining Charter is currently being reviewed … We will continue to pursue direct state involvement in mining… The Mining Company of South Africa Bill will be presented to Cabinet and Parliament during the year.” What he didn’t say: Grave concerns about government’s intentions with the new Mining Charter and its possible impact exist among industry members. While there’s agreement on the importance of transformation, certain features of government’s proposals threaten the viability of many mining operations and could lead to mining companies withdrawing from the country. Mining contributes about 8% to South Africa's GDP and accounts for some 400 000 direct jobs. The impact of decreased investment in the mining sector on the economy (both nationally and locally in mining communities) will be devastating.

One straight line here at 116! No action here! Wait for the Canadians to set the ball rolling for a Friday close? Wonder when our next news snippet might be from CMCL?

Just been listening to a video by a chap called James Dines. Of course he predicted all the right things in terms of DOW, POG, POS over the last 1000 years! LOL! He predicts very high Ag prices - for what it is worth!!! I can never get myself to hear the full video cause it makes me feel like an idiot with a short attention span, LOL!

Supergut, correct if I am wrong but, I think Silver used in Industry is not recycled or cannot be if used for electrode type work. Platinum to an extent can be. Thus, a world supply vs demand imbalance could easily be on the cards. Is this the real state of affairs? Silver is currently at a bargain price, imho.

Wolf, I also held funds (Investec Gold Fund) and like you decided that if there is a Bull Run (and there is for all the reasons you state and a whole lot more! LOL!), then better gains are to be made investing directly in gold and silver mines that are well run and offer a good dividend! Like seer, my little research has satisfied me that despite the recent incident of which we would very much like some clarity, HOC's offers a great return. Imagine what we could score if your prediction is right and POG/S go ballistic? All we need a little black swan to land and we are "Home Jerome"! Italian debt news, another European country exiting the EU, war on the South China Sea, Japanese implosion etc... ?? Lots of potential volatility to reward us here, imho!

Lennie, POG is literally on a charge! So when does CMCL follow?

Neal had his say, so read and take on-board! http://www.miningweekly.com/article/mining-wont-be-bullied-into-submission-froneman-2017-02-07

Agree guys and thanks to seer! I think we are going to select you as Captain of the HOC's Tee-shirt team, LOL! Below, I meant lots not lost!

Lost about gold there! Not really relevant here but interesting all the same! “Beyond the next three to five years, there’s a significant drop off in the gold industry’s production profile,” said Arnold Van Graan, an analyst at Johannesburg-based Nedbank Capital. “Most companies are struggling to fill the gap that’s emerging and that’s why you’re seeing a resurgence in exploration and M&A.” For example, in the past year: Acacia Mining Plc said it’s in early-stage talks with Endeavour Mining Corp. about a possible merger. Gold Fields Ltd. is spending A$350 million ($270 million) for projects in Australia. Sibanye Gold Ltd. agreed to pay $2.2 billion for Stillwater Mining Co., a Montana-based platinum and palladium producer. Harmony said it’s looking to buy an in-production asset that will offset declining output in South Africa. “There’s going to be a feeding frenzy over assets that come up for sale,” Gold Fields CEO Nick Holland said in an interview. “There are going to be big prices on these assets.” I think we are going to see a daily trend upwards in the POG/S, what do you guys think? I misspelt Stan Drukkemiller, and possibly again, LOL! Sorry!

“Beyond the next three to five years, there’s a significant drop off in the gold industry’s production profile,” said Arnold Van Graan, an analyst at Johannesburg-based Nedbank Capital. “Most companies are struggling to fill the gap that’s emerging and that’s why you’re seeing a resurgence in exploration and M&A.” For example, in the past year: Acacia Mining Plc said it’s in early-stage talks with Endeavour Mining Corp. about a possible merger. Gold Fields Ltd. is spending A$350 million ($270 million) for projects in Australia. Sibanye Gold Ltd. agreed to pay $2.2 billion for Stillwater Mining Co., a Montana-based platinum and palladium producer. Harmony said it’s looking to buy an in-production asset that will offset declining output in South Africa. “There’s going to be a feeding frenzy over assets that come up for sale,” Gold Fields CEO Nick Holland said in an interview. “There are going to be big prices on these assets.” EARLY Talks! So they are still happening and I am still wondering what you guys think about the effect such a merger will have on our Share {Price?