The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Hi, Snooz
I'm a great admirer of Paul Johnson, and hold POW (as well as Thor and OMI). But he doesn't get everything right. He sold masses of GGP just before they took off. Let's hope he's making the same mistake here.
Hi, Jackbal
I agree with your post of 13.24, absolutely.
Best wishes
Hi, Roger
Yes, you're right. Once a schoolmaster, always a schoolmaster. Here's a video of myself teaching a very young Rowan Atkinson some years ago.
https://m.youtube.com/watch?v=tTv5ckMe_2M
Hi, Corby
"Risk being so minimal" should read "risk appetite being so minimal" in Roger's post on Saturday. Then it makes perfect sense.
Thanks for the reply, Jackbal. Yes, I'm well, still teaching aged 67, I'm pleased to say.
Hi, Jackbal
Exactly. The only argument against trading, is that some of us have other things to do. But even then, one can use limit orders.
Hi, Webbs
I agree with you on this. They moved far too late on inflation.
I'm all in favour of them. They reduce the emotion, because you can set them at the weekend, when the market is closed, and you can think clearly; and they leave you lots of time to do other things. I've set some sell orders slightly below 20 (which is an obvious resistance point), and then some more in the mid and upper 20's.
The only problem is, one has to guess what the market size will be on a busy day (i.e. a spike upwards). 150k (shares not £) will go through, based on my experience last time.
I don't see the gold price recovering until the Fed stops raising interest rates.
Hi, Tin
It's not this. It's just people selling small amounts to cover their living costs. With a stock this infrequently traded, one only has to sell £1,000 or £2,000 to push the price down.
Hi, Aquae
Your mention of "widows and orphans," made me laugh. I'm an orphan (both my parents have died); but at the age of 67, I consider this an entirely suitable investment for myself.
Best wishes
Hi, jwoz
I don't agree with your point number 1. Seingred's not putting more money in; he's re-investing the proceeds of his previous sale at a lower price (which is what I did recently, though the timing certainly wasn't perfect). He ends up with a larger number of shares, but no more cash invested.
Hi, Seingred
You can post anytime of the night, as far as I'm concerned. I enjoy reading what you write, and it's good to hear from someone who's not über bullish on OMI (though as half of my capital is invested here, I'm guilty of the sin myself).
Best wishes
Hi, Trueblue
Exactly. Some company, one can do without.
Best wishes
Just for the record, that sell was nothing to do with me.
I found this article very helpful. It was written in 2017, so the figures given for the cost of mining and the prices of the different metals are out of date; but it's still well worth reading.
https://www.mining.com/web/making-the-grade-understanding-exploration-results/
I found this article very helpful. It was written in 2017, so the figures given for the cost of mining and the prices of the different metals are out of date; but it's still well worth reading.
https://www.mining.com/web/making-the-grade-understanding-exploration-results/
I found this article very helpful. It was written in 2017, so the figures given for the cost of mining and the prices of the different metals are out of date; but it's still worth reading.
https://www.mining.com/web/making-the-grade-understanding-exploration-results/
Hi, jwoz
I think there's something fishy about Fish, too. We had these types on the GGP board; so perhaps we should regard it as a consequence of success.
Hi, Troajan
A very good joke, if I may say so.