Member Info for halfpenny

Stupid link..

Centamin PLC - operates Sukari gold mine in Egypt - Three directors buy a total of 162,788 shares at GBP0.826 to GBP0.836, worth about GBP135,000, on Thursday, Friday and Monday. Chief Executive Officer Martin Horgan buys 65,788 shares, Chief Financial Officer Ross Jerrard buys 67,000, and Non-Executive Director Mark Bankes buys 30,000.

https://simplywall-st.cdn.ampproject.org/v/s/simplywall.st/stocks/gb/materials/lse-cey/centamin-shares/news/the-cfo-executive-director-of-centamin-plc-loncey-ross-ian-j/amp?amp_gsa=1&_js_v=a9&usqp=mq331AQKKAFQArABIIACAw%3D%3D#amp_tf=From%20%251%24s&aoh=16538136475674&csi=1&referrer=https%3A%2F%2Fwww.google.com&share=https%3A%2F%2Fsimplywall.st%2Fstocks%2Fgb%2Fmaterials%2Flse-cey%2Fcentamin-shares%2Fnews%2Fthe-cfo-executive-director-of-centamin-plc-loncey-ross-ian-j

Usual fade before the holiday period next week, thought it would have dropped more which is encouraging..

This stuff sells newspapers and keeps public health spokespersons whom have had their 15mins of fame in the limelight now that covid isn't anymore. It'll be ebola probably after monkeypox or super antibiotic resistance TB the list is endless..

What about the gold market?

Goehring is very bullish on gold in the long-term, projecting the bull market to peak at around $15,000 per ounce by the end of this decade.

"There is a massive bull market right in front of us. In the last month, we have started to increase our gold exposure. We are getting close and closer to this massive blow-off that will happen in the gold space," Goehring pointed out.

However, in the short-term, gold could still see a move back to $1,600 an ounce, which is a great point to get into the market. The reason for the retreat in May is the Federal Reserve stepping up rate hikes.

"When the Fed starts to raise rates, that puts downward pressure on gold. [But] I am a raging bull," Goehring said. "We are confident that we are getting closer to a resolution to the upside, especially with gold and silver physical ETFs strongly suggesting that western investor interest is returning and gold trading cheap relative to oil."

It's a no brainer putting money on this glad I bought weeks ago.

So what. Just take the dividend and sit back for the rerate we've been promised in H2 and for pities sake stop moaning..

Main driver will be more ounces of gold mined..

The fed has inflated it's balance sheet from $1th to $10tn between 2008 and now, in other words printed $ equivalent of said amount, and we're only now at the beginnings of an inflationary cycle and lots of bubbles will burst IMO. There will be winners but lots and lots of loosers.

Fire sale tomorrow?

Also pog going back to $1700

My advice since you asked is don't buy centamin as they've ran out of gold only a few ounces if any left and it'll cost $7000's to get it out of the ground. Also Egypt is siding with Putin so run run away.....

Fingers crossed everyone's green fingers turn to gold fingers in the not too distant future..

https://www.ft.com/content/64db3dcf-23ff-4f69-9a4c-d684675b596b

Some new faces on this BB, augers well for the future perhaps?

https://www.proactiveinvestors.co.uk/companies/news/980084/centamin-to-outline-growth-prospects-after-survey-says-broker-980084.html

Bought a few of these this morning as can see upward potential over the coming weeks.

For goodness sakes Mr T just stop checking the sp so often you're doing yourself harm. We'll be over the £1 soon enough.

Q. Lots more activity all of a sudden on this BB I wonder why?
A. Lots looking for a push lower to get a cheap entry point.

Might be a great entry point as outlook positive plus you get the divi.