Member Info for halfpenny

Yep, inflation running rampant around the world, Turkey has a runaway 36%. Only a matter of time before stagflation creeps in too. See Boris and Sunak are going ahead full steam with the hike in NI for April. Bad times ahead for all but the well prepared..

https://www.marketwatch.com/amp/story/coming-up-pce-inflation-index-11643375302

Nothing has changed, same old same old, the main thing is that cey have turned a corner and are on the way to increased ounces my friends.

The US wants a war to keep King $ on the front foot hence the sabre rattling within NATO orchestrated by the US, but will Putin bite?
Anyhow standby for stagflation in the coming months no matter what rhetoric is spouted imho..

Fres missing guidance not helping PM's maybe Fed will help @ 7pm GMT??

No doubt that Blackrock et al as usual are trying to get the sp going down so that they can buy lots more on the cheap.. maybe won't happen this time? Momentum is turning upwards imo.

Reuters
2 minute read
Jan 19 (Reuters) - UK-listed Centamin (CEY.L) on Wednesday reported a 58% jump in gold production for the fourth quarter as the Egypt-focused miner benefited from higher-grade ores, while keeping its 2022 projections for gold output and capital expenditure unchanged.

Centamin, which operates Egypt's sole commercially producing gold mine, said production reached 107,549 ounces during the three months ended Dec. 31.

The company last month said a review of its Sukari gold mine in Egypt indicated the largest reserve growth in a decade, supporting its plan to produce 500,000 ounces per annum of the metal over the next 10 years.

Inflation which will highly likely turn to stagflation..

Or a gold rich seam find which is likely considering the licensed areas of exploration. Does anybody with an ounce of sense really believe pog will go down with the real inflation the world is and will experience for the foreseeable future?

Just have to thinksmart..

Politicians will always side with the populous for obvious reasons GN.

Just bought another 5000 at 114.9

Over 120p by end of the week.

Hardly surprising after the bull run markets have had since lockdown ended in 2021, quant easing, neg interest rates, meme and crypto infant traders, akin to a slow mo train crash. Inflation genie out of the bottle and futtering with miniscule rate hikes isn't going to cut the mustard. Welcome back to the 1970's.......

Been a while since I last looked at the sp here after selling at 150p. This drop just might tempt me back in...

https://www.globalminingreview.com/exploration-development/28122021/centamin-completes-life-of-asset-review/amp/

Fool's gold..

Signing out for 10 days..... happy crimbo.

Sure hasn't it fallen by 33% this month..

I doubt it's up to a geologist to predict slippage of the mine wall due to what wasn't done, however it is being put right so it's behind us, past tense. However the more boards our own executives have access to the more deals which could happen in the future.

Just had a thought. Hoc own a large chunk of Aclara after all it did demerge from hoc following it's listing on Toronto's exchange and they still own 20% of the company. Hoc possibly want to broaden horizons due to Peruvian political landscape recent upheaval, or do cey want a play in the rare earths market. Oh what possibilities..