https://www.kitco.com/news/2021-02-18/Warren-Buffett-exits-GOLD-entirely.html Just for balance, above link was posted by Onassis on Empire. POG at $1770 today showing continued downward pressure unfortunately. Will be interesting to see what the AISC for production equates to at Red Lake once they finalise optimisation so that we can get an overall picture of profitability at various gold prices.
Trek. I said a week or so ago that local support would be invaluable here. Basically without it, the project would be dead in th water. Good news here today. boots on the ground is real progress from the desktop.
Think that was a sell shaa. buys were .31-.32 range and sells were .309-.302 anything at .3 looks like a sell, but its still volume, can't argue with that.
I wouldn't be at all surprised to hear that the sample results show some narrow intervals of more than 60g/t in the set of cores currently sitting with the lab. those 'visible' gold sections that many folk on here could not see, if they are continuous across the cores and along a metre or two length they could easily equate to a very high g/t ratio and set the blue corner on an excitable run. The cores showed intercepts at shallower depth than anticipated and continued beyond the initial target depth--(as per interview), that coupled with specks of visible gold on the cores is a "right proper start". March should see us on the march here.
I paid 5p weeks ago, thought it was a good price at the time and then it went down 20%. was an even better price then. Good to see some interest again, must some rumblings on the jungle drums.
Will it go sub 100p? Pitiful after 170p a few months back. Fantastic grades, stable jurisdiction, loads more resource to be added to the reserves, proper output ramping up over this year, money coming into the bank. No surprise that Sprott is adding. $1bn dollar co in the making here, if it doesn't get bought out before then.
TSP. Nothing to get excited bout unfortunately. Buys at 19, sells 18.66. low volume Still--blue is better than the alternative. I am actually in profit, profit is good. SP @180p would be better.
Charlie. Thanks for the breakdown and yes, it's a great post putting the available information together in one, lets hope that it progresses to a equal/better conclusion--soon may it start. Improved bbls can come later over the next 12-18mths once the acquisition is completed.
If sell a stock in your hfx account the funds are available for immediate use on another trade of you wish. If you transfer money out of a HFX sharedealing account into an current account it takes 3-4 working days to clear. Transfer cash into into a HFX sharedealing account from a current account set up with your S.D account and it is available instantly. Use a debit card and it is available instantly.
It is the same across every stock listed on a stock market. There is always dilution, sometimes counteracted by later re-purchasing of stock by the company. Its a sad fact of life and we have to suck it up as without it, there is unlikely to be growth or development of the company unless they get into Norma's debt which is worse than Dai Looshun. Become a Sofe histicated investor and get yourself in Vi Ted to take part in fundraising and warrant Alli cashun. Don't ask-just bored shipless.