Member Info for HeadForTheHills

Will move it into POG chat but a very nice rise this morning on the back on increasing gold prices and upbeat interview from Hambro himself. Might see your 280 soon enough

POG are currently awaiting clarification of their production targets, which directly relates to their cashflow to fund fullscale mining activities in their Malomir reserve. The the money market are tight the way gold prices are increasing and looking likely to follow the trend in other recessions/depressions it shouldn't be much of a problem securing some capital for this.... famous last words but the recent drop represents a good entry point.

Not a fair comparison there, can't see Everton winning the Premiership in the next 3 years!

Out and very good, however they will be hit by the slowing economy. So the SP takes a nosedive, another 30% on top of the 40% last week!. Go figure http://www.digitallook.com/news/rns/2463660-195564/SOLA-3rd_Quarter_Results.html

Need to watch for the last hour drop, can never really tell whether they stay up or drop off or not. The FTSE for the past week has been fairly dismal as it tries to find some commonality with other markets

Bit out of the blue the RNS. Was day trade this but the bottom fallen out a fair chunk. Overreaction but in the current climate ---------- * Says may make a loss in 2008 * Prices for its gems down 28 pct in Q4 versus 2008 average * To rein in capital spending LONDON, Nov 17 (Reuters) - Miner Gem Diamonds warned on Monday that it could make a loss this year due to a sharp fall in diamond prices triggered by the global financial crisis. "Given the weakening diamond prices ... Gem Diamond's performance for 2008 will be significantly lower than our expectations in August, at the time of our interim results, and could result in a loss for the full year 2008," the company said in a trading statement. The specialist in large, high-quality diamonds, said there had been a significant fall in revenues in the fourth quarter of this year when the average price paid for its gems stood at $1,382 versus an average for the year of $1,916. The company said there was "considerable uncertainty" as to what diamond prices would do during the fourth quarter of this year but that if they remained at current levels it should be able to deliver an improved performance in 2009. In response to global economic conditions, Gem Diamonds said it had decided to rein in capital spending and would focus on optimising existing production facilities. (Reporting by Paul Hoskins, editing by Paul Sandle) ((paul.hoskins@reuters.com; +44 20 7542 5331; Reuters Messaging: paul.

Morning auction already push this beyond buy in price. If next tuesdays news isn't as bad as expected then this should receive a push. Will have to wait for buyin opportunity.

Could well be, had this marked last week as bad wed/thursday haven't kept quite enough cash on hand as i wanted but may take losses elsewhere for this. Sub 300p is a good buy short/mid/long term.

Just a wee headsup to watch this for weakness today, if the DOW does indeed capitulate on opening then there could be another momentary downward spike. Missed last Friday's 255p but don't want to miss today.

* The Group is reviewing its capital expenditure plans to focus on replacement and efficiency investments whilst re-evaluating the timing of expansion projects. For the full year 2008 capital expenditure will be significantly below the previously projected US$1.7 billion. * Despite the downturn in Q4 2008 the Group believes that its results for full year 2008 will be strong and towards the lower end of Management expectations. "The Group's financial performance for the nine months ended Q3 2008 remained very strong, in line with our expectations. While the outlook for Q4 2008 is of weakening demand we continue to expect a strong performance for the full year 2008. In response to the sharp slowdown in the global economy, including China and Russia, and reduced demand, we have cut back production in the Ferroalloys and Iron Ore Divisions. We believe that we are well positioned to face the challenges and seize the opportunities presented by the current economic environment. We will focus on maintaining our advantageous low cost position. Our strong balance sheet enables us to continue our investment in key projects and to consider acquisitions. Over the medium term we remain convinced of the growth prospects in our key markets." Dr Johannes Sittard, Chief Executive Officer

London - Eurasian Natural Resources Corporation PLC ('ENRC' or, together with its subsidiaries, the 'Group'), the holding company of a leading diversified natural resources group principally based in Kazakhstan, today announces its Interim Management Statement for the second-half of 2008 and its Production Report for the third-quarter ended 30 September 2008. Highlights for the 9 Months to 30 September 2008 * Production volumes across the Group (excluding Serov and the new aluminium smelter) increased relative to the corresponding period in 2007. * The Group's financial performance for the period remained very strong, driven by significantly higher prices, in particular for ferroalloys and iron ore. * Growth in total costs was successfully managed and was within Management expectations, and significantly below the rate of growth for revenues. * The Group's financial position is robust with gross available funds of approximately US$2.6 billion. Outlook for the Full Year 2008 * Since 30 September 2008 there have been a number of significant developments against the background of a deteriorating global economy, with weakening prices and sales. * The Group has reassessed its production plans for Q4 2008. Production will be reduced in the Ferroalloys Division and the Iron Ore Division; full year 2008 output will be below that for 2007 on a comparable basis.

I've checked a few diaries and it's the same situation, no mention of ENRC, only place with the Q3 is on the ENRC site itself http://www.enrc.com/output/page34.asp 2nd Half Interim Management/Q3 Production report Conference call 12th November I've also received an email reply confirming that this is still as stated on their site. (one line answer asking for confirmation of the date). His email is on the link above if anyone wants further confirmation. ---------------- That is correct. James James S. Johnson Deputy Head of Communications Eurasian Natural Resources Corporation PLC 16 St. James's Street, London SW1A 1ER, United Kingdom T: +44 (0)207 389 1440 F: +44 (0)207 389 1441 D: +44 (0)207 389 1862 M: +44 (0)782 580 7674 www.enrc.com ---------------

Well she must have stayed out all night celebrating the Presidential election, only to wake up this morning to find her purse missing some nickels... and the pennies she borrowed from sister KAZ. Charts down but heavy resistance at 370. Due a retrace, may well continue tomorrow as well, despite of any interest rate cuts. Q3 reports are out next wednesday so get in before then.

Miners on a retrace at the moment, generally across the board. CLF aren't faring as bad at the moment. May lock profits and buy again on the dip, if it holds at 10-15% down today it won't be that bad.

I have to concur with leo, the buy signals at the moment are very strong at the moment and the two sisters (KAZ and ENRC) tend to push and pull each other. This spiked up to 420 today before falling back (quickly), unable to hold the surge. This has exceeded my target for today and will be looking at a more moderate increase tomorrow. Q3 results are out next wednesday as well, they've been hit by the falling price of metals and the recession/slowing demand in China. They do have diversity which will help in a slower 2009. I will say to keep an eye on metal prices and negative sentiment in the market, miners across the board are up very heavily but are still volatile. Leo - She's just a late flowering beauty, she'll stand in front soon enough, though there may be some tie up in the future.

Have gone all positive, might be time for the really big push, if this hits over 400 it's going to fly. Today though i expect her to stay out later than here sister KAZ, she always up the latest

Sold out too early in KAZ myself, really didn't expect it to have these legs and was looking to pick up on the dip. It's done almost 30% in 2 days, ENRC a little less so. Expecting a retrace possibly towards end of the week, but i've been expecting that for the last day with KAZ. But if KAZ wants to go up and drag ENRC along that's fine with me.

Momentum is with KAZ and she'll keep staying in front for a while, It will take a while for until the realisation that ENRC should really be further ahead. You still in both Leo?

Currently the Ugly sister to KAZ, whereever KAZ goes ENRC is sure to follow. Eventually she'll be brave enough to stand out on her own and fly. Mining oversold in general but keep an eye on metal prices just in case.

What sort of investment, couple of K sunk in then top slice. Couple of hundred then leave it but watch the bugger. No idea on this one tbh, hasn't been this high since mid June and it looks like it's on the way up a lot