Member Info for fogthemogg

Not sure how this brave (by the soldiers, not by Zelensky) attack lays any foundation for a ceasefire? Seems like a Hail Mary with only one outcome.

It may result in Putin finally throwing the kitchen sink at Ukraine, which isn't good for us as shareholders.

FXPO is in the 40s because of the Ukrainian government's personal vendetta against Zhevago and of course, the war.

Yet the cheerleaders on here clap like seals every time the government exacerbates both of these problems. A ceasefire and some kind of deal with Zhevago would see FXPO multibag in a very short space of time.

If you're long. why would you cheer the prolonging of an unwinnable war AND punitive action against Zhevago? It's nonsensical.

If you're serious about playing the sanctimonious card, pony up with donations and pick up a rifle. As investors/speculators/traders, we are here above all to make money.

Evan, presumably your PhD wasn't in military strategy either?

This Ukraine incursion is very brave but it clearly has only one outcome.

This Ukraine incursion is brave but probably won't do much for a ceasefire, or our share price...

DK, they had to take it lower because the volume dried up and there were no buyers.

Over the last week we're averaging 500k a day which is c2.7 million quid, it's peanuts. I have dodgy Chinese EV makers and Chilean lithium miners that do more than that in pre-market alone.

FRES is a trading stock and has not strongly correlated with gold or silver prices for years, whether that be on an intraday or multiyear timeframe.

No one outside retail was impressed with H1, because it just confirmed that it's a company in long-term decline. Their gold production fell 17% in the year gold price made multiple new all-time highs, and achieved highest average closes. The best ore grades have gone and the management are incompetent...Peñoles don't care what the share price is either.

Evan sees Russians everywhere - under the bed, in the shed and down in his gimp cellar...

Today he suggested CleverThoughts is a pro-Russian poster because of a reference to thumbs. Even though there are several idioms and references to thumbs in English, going back to the Middle Ages. Now we know that his PhD certainly wasn't in English Language or Literature...

Okay, a paltry 10p divi went ex today.

But...Silver +3%, gold +1.5% and everything ripping yet FRES closes 2% down at 535p on 420k volume? Basically, no buying algos kick in when silver starts surging...Seen it so many times before, hence at the beginning of the year I said FRES would retest March 2020 low of 456p.

Mark, a return to the 400s isn't really an outrageous call because there are simply no buyers or volume☠️

What was your thesis on Evan? Your lack of a scholarly brain is self-evident, you're incapable of approaching any subject matter objectively and you write poorly.

Just because someone doesn't cheer on more weapons and isn't in favour of escalating the war, doesn't make them "pro-Russian". I've seen the effects of war on people but it is clear that you have not.

You and co were offended that I called you cheerleaders, yet you find other viewpoints intolerable and insist that this remains an echo chamber or safe space. Hence your petty and absurd suggestion that other people should leave.

Do you seriously believe that the Russian government is paying people to try and influence opinion on a forum for an obscure stock? The number of PIs holding FXPO in the UK is probably only double figures...

Agreed. It ought to be a stock forum, bit appears to be an amateur military "analyst" meeting and a seal clapping "Send more weapons! Slava Ukraini!" cheerleading party.

Hi Robina, BP is down on a 5-year, 10-year and 25-year timeframe, so objectively it hasn't been a good long-term investment, unless bought during panic lows. Divi is also still lower than the years preceding pandemic too.

But it's a decent trading stock for sure, like most of the FTSE👍

Awful closing auction and UT - 533p with $2,390 gold and $27 silver.

I already answered why share appropriation by a notoriously corrupt government, through an opaque legal system, might qualify investor concern. It also sets legal precedence for other holders deemed undesirable. Surely that doesn't have to be unpacked anymore for a PhD holder?

The share price is 50p, not 150p or 250p, war is no longer the main discount factor.

I haven't sold any tranches though and remain a holder, I am happy to be proved wrong and for it to rocket tomorrow once the news is fully digested. However, the MM games here tell me that it may be some time.

You shouldn't be giving out this kind of priceless insight for free ArK :)

Evanescent, this is a discussion forum.

So if you can't write English to at least a GCSE level standard, and sensibly debate differing viewpoints, then I'm not sure why you're on here?

Your defensive and emotive response, complete with an attempted expletive, adds further weight to my assertion that you're simply a cheerleader.

Cheering on war and clapping the arrival of new munitions like an overexcitable seal, whilst insisting that every RNS is ultra bullish is not representative of a thoughtful and objective mind.

You're asking me to "justify" why appropriation of shares may damage investor confidence? Not sure it can be expressed anymore self-evidently than that...It is legal precedence.

Even before the war, FXPO traded at a discount versus peers precisely because of the weakness of corrupt institutions, and Ukraine's opaque legal framework. We knew the risks going in and accept them, but batting them away as nothing given the share price collapse, might suggest you're not even trying to be objective. Just cheerleading...

Yes thank you Evanescent, I'm aware of that...But a corrupt Ukrainian government seizing his shares and then handing them out to mates or whoever, to do whatever with, isn't going to embolden investor confidence.

"All sentiment driven, if it wasn't then we'd see a few days of continuous drops"

WP, were you in a coma last Thursday and Friday? 😂

If the Ukrainian government just holds them then fine, but there's a chance they'll be distributed out of the back door.

Bottom in the markets? Many major indices are still near all-time highs.

WeirdPal, yes the last 3 days were just a technical treeshake and not grounded in any economic reality, nothing to see here. That's why commodities and indices immediately sprang back...Oh wait, they haven't.

If you'd told oiler shareholders in the past that Brent would be just $76 in the summer of 2024, most people would have dumped all their shares there and then.

Investors big and small, OPEC, commentators and "experts", rampers etc. expected oil to be much, much higher. Your favourite oilprice.com churns out weekly AI-written "articles" about how oil supply is always "tight", they're often regurgitated on here and on other oiler forums.