Member Info for fogthemogg

Mexico mining regulation, cost inflation, unfavourable USD/MXN movement, overvalued, incompetent management, poor investor comms, FTSE 100, dumpster fire operationally, being pinned down to allow someone to accumulate...Take your pick, they might all be right.

Bad news is good news for the market.

If unemployment starts to pick up, then loosening of monetary policy and rate cuts are likely to happen sooner...

Presumably this weekly spike is driven by takeover rumours, as BHP and Rio share prices (the most obvious acquirers) have been subdued.

Whether this comes to fruition or it turns out to be another classic FTSE rug pull, only time will tell...

"back around 2014.....the ukranian people kicked out the russian backed puppet leaders and theyre russian backed security forces."

That's the official line from our governments and intelligence agencies. Others might say that a NATO-backed minority mob ousted a democratically elected leader :)

The long-term consequences of that putsch are a demonstrably weaker UK, EU, Russia and a destroyed Ukraine. Who was the only one that benefitted? Uncle Sam...

"the management of HBR, have done, imho, an exceptionally slick job for us shareholders"

Said no real Harbour shareholder...Ever.

Turns out that FRES is an inverse gold and silver miner, a 6% intraday drop hasn't happened since October.

£3m trade (559k shares) at 496.20p was reported dead on 15:33. I suspect that was a big OTC dump broken into smaller packets earlier and reported late.

Every miner from big boys Barrick and Newmont, to little Centamin and Hochschild were in the green today.

"If gold goes up in value how can shares in those companies that mine and sell it go down?"

Many reasons, but the most significant is because cost inflation has materially outpaced gold and silver price 'gains'.

Imagine it costing xx% more to dig silver out of the ground in 2023 and 2024, but you're being paid less for it than you were in 2011, 2012, 2013, 2021? That's not a viable business it...

Hardboy, it sounds like you're trying to justify this investment to yourself.

Tobacco companies are pretty bad when all is said and done, but as long as I'm receiving divis and hopefully some capital gains if this recovers, then I'm comfortable with the ethical wrangling.

If however they cut the divi and this sinks lower, then tobacco companies are an abomination on our planet and I want a full refund for my capital losses.

These results are not a watershed moment for either bulls or bears. Underwhelming or solid would both be accurate descriptions, depending on your loyalty.

I expected a dip at the open but suspect it might close blue.

You’d think someone who’s posted 52k times would have lived through enough false dawns with gold and silver…Apparently not 😊

Not like the doom-laden updates we’ve been accustomed to. But little to excite those on the sidelines or to entice current investors to increase exposure. HOC and CEY are up more today without reporting 😂

If it closes below 500p again then that really is p!ss poor. Even during March-April 2020 panic it never closed below 530p and it even IPO’d at 520p in 2008! Today’s volume is also much lower than yesterday...

"I feel like I’m having my pants pulled down on a daily basis"

There's cheaper and less time-consuming alternatives which give you the same experience.

Bring back Kwarteng, silver and Fresnillo are about to fly, Fed pivot soon, Bitcoin is out of the picture. Got anymore gems for us? What a funny fellow 😂

Let's party like it's 2023 baby!

We've managed to retrace back to share price level before results, which is really quite something...

UK fund managers continue to dump FTSE and chase the US market, can't blame them to be honest.

"I would sack the head of corporate affairs/communications officer, whatever you want to call them.."

Cut Anton some slack! He's been a busy beaver 24/7 on this board and obviously doesn't have the time for his actual day job at Tullow.

"Maybe you and Andoman can go have a beer in Spoons and swap stories"

Spoons is looking a tad expensive for us TLW holders. Perhaps we can all just share a bottle of White Lightning in the park?

Carvegyber, how many years have you worked for Fresnillo?

"And have slept for many many years in a tent"

A lot of Harbour and EnQuest shareholders are in the same position. You're not alone! Stay strong x

Stupmy, the key questions are: Who arranges the ramping posts? And why?

It's obvious it's an institution, but are they a fellow long who wants to drum up private investor support? Or are they a determined seller who need bagholders to sell to on the way down? The latter is what happened when HBR share price collapsed from 500p levels, those posters were screaming how undervalued it was even back then.

The ramping really intensified this time at 300p-320p in December and January, then came the absurd price forecasts of 700, 800p + to reel people in. This con has been playing out with HBR for a long time now, I'm surprised more people can't see it.