Member Info for ericnat17

L2 looking good with MM moving up and more buy orders than sell orders. Not seen that for awhile…..

Gold prices extended gains on Tuesday to the highest in more than a week, brushing off a firm dollar, after dovish comments from Fed policymakers revived prospects of a U.S. rate cut in December.

Spot gold rose 0.2% to $4,147.51 per ounce, as of 0303 GMT, the highest since November 14, building on a 1.8% advance on Monday.

Agree Rob

As Harry as mentioned many times not only will this be a great investment for the teams in country…,it’s also the perfect vehicle to convert local to hard currency

This is perfect….Public Launch.

There is no way there would undertake a public launch unless they KNEW it was all done and dusted.

Its done…

Over £100k worth of delayed buys (x2 trades) just gone through….

L2 nice and healthy for a change

If streaming only I would imagine that the streaming option offered the best deal by far and Harry had an easy decision. Looks like we may be keeping 85% +++.

Great news….

WOW!

Gold prices rose more than 1% on Monday, buoyed by expectations of another Federal Reserve interest rate cut in December and a slew of weak economic data that raised global slowdown worries.

Spot gold gained 1.4% to $4,053.40 per ounce by 0435 GMT. U.S. gold futures

for December delivery rose 1.3% to $4,062.40 per ounce.

Gold rose on Friday as expectations for further interest rate cuts from the Federal Reserve and lingering concerns over the U.S. economic outlook amid a prolonged government shutdown buoyed demand.

Spot gold was up 0.8% at $4,010.72 per ounce, as of 0925 GMT. U.S. gold futures for December delivery gained 0.7% to $4,019.50 per ounce.

“The bull run is still in place,” said independent analyst Ross Norman.

“The underlying themes attached to gold price strength remain very much in place, which is to say central bank gold buying and rate cut prospects”

Another 500k Buy, that about 7 or 8 in the past half hour. Someone likes it a this price

Lots of 500k buys going in

Investec Bank plc added as a new market maker this morning. Now up to 9 in total.

All good news they are straight on to the bid

I think Alanos contribution is very welcome. As is everyone else.

I not sure we need any self appointed board monitors.

Previous is IMHO.

It does appear that there have been many £20k trades over the previous days and they continue today. To be honest the daily movements provide a bit of interest but ultimately its all pretty immaterial. The only material factor is how much profit we will make per ounce and how we use that profit.

The bottom line: institutional investors on AIM rarely buy large blocks outright on the open market. They carefully accumulate positions over weeks or months in small tranches, or they negotiate private block trades with intermediaries, specifically because the market's thin liquidity would otherwise result in poor execution prices and would signal their intentions to other market participants.

Yes those are biggish buys….not sells

Don’t forget what the CEO did to i3 shareholders…..he diluted them to oblivion. So when he says he will hopefully repeat what he did in i3… that smells of equity dilution either from London market or Morocco money. You can’t massively expand on the income from phase 1 it is simply not feasible. All imho.

Some nice chunky buys going in