George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Pearly you should of upgraded your iPhone 1 instead of gambling on debs. I'm sure Knigee will come back to you on this query, he's the expert on everything! Or at very least you will be told that query shouldn't be posted here.....
Yeah Met - agreed we are a bit off a recession. However sentiment needs a quick shot in the arm. Markets realing again today and China gave trump two fingers. My current position is down 15% today - lol- all cash and no margin so I can just sit tight.
Met - what a few days. Between organising cash and getting bets on, stressful stuff. December Call options for bmw both over last two days, it goes to show how luck goes, a 4% upswing yesterday given tariff news with only 65% of options obtained. Further monies only available this morning but thankfully the market tanked again and I got remainder on at close to similar level. Here's a call too - trump is now really worried about the trade war effects - rate inversion today, being trump the only goal is to be re-elected - deal with China will be done by mid October. China will want it too. US will not push for what they had been pushing for but trump will claim it to be the best deal of all time! That coupled with dragi rate cut/stimulus will hopefully see me with plenty of cash. Just a wait and see game now, fingers crossed as all the reserves I have are in this one. I ve been watching it for months now. In at 59.70 level, hopefully I'm not wrong on this one but there's always a strong chance I am!
I see you are telling everyone on CTAG to accept reality and are sharing your experience. You really are a muppet. You are valuable though as like a fly you are drawn to every basket case company, so saves a little bit of work. Keep investing Knigee
Lol Knigee, you really are a dope. Most activity on the markets is gambling including all of your brainless investments
Thanks Met, really appreciate the detailed view. There are a lot of factors to consider at this point of the cycle. I agree with many many points you outlined and its a solid view. I remain a bull on the US based on two indicators: 1) year on year transactions continue to increase 2)based on a margin of safety concept using the 10 year bond rate the s&p is offering 4.6% (earnings yield) v 1.7% on the bond - significant 170% margin of safety. I fully agree that the markets are very high based on historical prices but compared to interest rates US could be considered value. I believe this is what buffett is saying when he is calling the market ridiculous cheap.
Hey Met, hope you are good. What's your current view on markets - positive /negative? I'm of the general view the US leads the way and am positive about the upside there. Trade and brexit have really thrown up some good opportunities again. I'm planning a plunge and am quietly confident but nervous. Arranging the cash this week. It'll be in the EU options market, will let you know how it goes. Pure gamble but as calculated as it can be. Heres hoping!
Hey Pearls, thanks again. Im sitting on a nice little profit here already. KNIGEE you won't filter me pal, you might miss a good tip. I see you are still trying to control who posts where!
So you are a market beater now, in the top 3%. Come on Nigel we all know that ain't true. Your knowledge of investing is poor. If you did get lucky and made a fortune it's all being lost. No ones obsessed with you nigee, we just continue to point out your bad gambles.
Nice chunky short on Stanley now at 2.17. Easy money
You ignored the question, purposely I take it? Anyway we both know the answer!
Knigee will on now saying its not gambling! Self awareness =0. Its not what we don't know that gets us into trouble its what we are sure we know that does! Good man Knigee, do you in general beat the market?
Hey Met - I had a look at this basket case today. Accounts and debt levels indicate the shareholders will take a bath here. The lenders will again call the shorts here. It goes to show gamblers just can't stop gambling. Another one to short next week.
Met - just a final word. The Irish finance sector looks totally undervalued. I'd expect a minimum 20 % uplift over the next few weeks. Best of luck
Met - a good day. I feel It will probably bounce up and down as the day goes on. I see the usual suspects are now advocating strong opinions on various SPD chats....clueless.....anyways I am off for a while.....take care.
Met agreed, we both will walk away from this one with our heads spinning I believe. Enjoy tomorrow, such days can be too scarce.
Sorry just seen you reckon 50%. Let's call it at 35% then, midway between our views?
Met is 20% unrealistic?
Wow what a rant and a fantastic potential 605mln tax bill. SPD is the new debs. That's made my year in numerous ways. Who'd of thought MA would be lining my pockets instead of Pearly and Co
This is wonderful news, looking forward to a successful Monday given a nice chunky short on SPD/the main man!