Member Info for itsaduster

If its above 150 to 153p at close tomorrow.......that will be good and I shall hope to just sit back and watch the wriggle up. A close above 154p will be very good and I will hope for a stunning RNS in the first week of December.

Interesting posting......... I am seeing unusual graph formation over the last month or so. Any chartists out there got a better theory or suggested explanation than I have........... or anyone got a brother working as a mud logger on the drill rig........who might want a bottle of Black Label for Xmas To re-iterate........my theory is MMs have the Mobile No of the mud logger on our Kurdy rig and every morning he is taking a call from the MMs and telling them the mud is awash with the black stuff. ( incidently this doesn't count as insider trading ) So they are lifting the price little bit little bit and buying in those tempted to sell into the rise. Over the last few weeks I think the selling to MMs has been very much more than they have sold but out and still they lift the price ?? cynicallonginthetoothduster

I think you would mean......1500p........if U want to ref. gkp sp certainly feeling harder now. Just cant relate the edging up to the apparent buying and selling unless the MMs are on a planned buying trajectory..........which they might be !! Next 3 mths will be very interesting.

shares.........I wonder what the mud loggers are telling them makes them wanna load up

Thank goodness !! It was winding me up trying to work out what this coupe de frogs legs was. I know things get better and better every day..........to wit the declining sp over the last 3 years

Yeh looks like Red got us !! His Daddy would be pleased

Yeh looks like Red got us !! Daddy would be pleased

MMs trying to attract attention

IC Chris Dillow good this week. Bonds in long term move to higher rates of return.......so shares long term rise........That's not to say there wont be dips for share prices on the way.

Money Weekly has a good article at the back which I am sure yu have already seen but if not do take a look. Basically says QE is having unknown effects. No one knows what will happen when it is wound down. But $85 billion a month is vast and been going on for along time. The west is going for paper and the East is going for gold, The West therefore is investing in dollars which are debt and underwritten by Uncle Sam. The East are going for real Money ie Gold which isn't debt but real money and not underwritten by anyone.........interesting take there. Debt crisis on the back burner but not gone away.........it will come back to our attention. One of the others,...... IC or Shares also drawing attention to potential of Mining and gold as contrarian investment..

so good..........if there are poor indications on the rig I would expect them to be squeezing down on sp . Rather we have a squeeze up..........that's a change from recent sp activity.

T'was eva thus........ So accepting gold on historical basis we can only look at fundamentals........and for KGI how good do U want it.

Yes ..........agree there will be good times here. I dont think serious investors think in terms of ramp and deramp.......if others want to it can be ignored. Serious players will want to hear discussions on all aspects of the activities of the Company and performance of the Directors. It wont be good or bad all the time. I for one am always keen to read about concerns other posters have. The Ra Ra punch the air stuff we get when over excited new kids get on the board and think they can make some easy wedge is tedious but we just roll it past. I am particularly grateful when the oily salts like yourself take the time and trouble to give us the benefit of your experience and training from time to time. Thats why I log in. I may sometimes attempt to open a topic. The directors will tend to give us calming platitudinous talk.......no one is paid to give us home truths KindRegardsDuster

Read......... I am well tooled up with metals.....especially KGI.......which I see as my bedrock. Woman in charge of the fed.......might get some realism and a ballsy performance with some guttsey decisions. I have done all my buying at the bottom so far so this time round I am optimistic I have hit the sweet spot. Time will tell Gowomanatthefedduster.

Its Rab.........Rab Nesbitt sweetheart..........If you need thoughts like that about me ........OK ! But keep it to yourself please !

If that does it for U..............Okay sweetheart

know what the $50m dollars will be for.......... Havnt seen anything yet

I feel you probably have a better handle on international finance and debt so I will defer to your stance. I don't actually think we are that far apart. Probably the only way out of the debt mountain is to inflate. This is dangerous cos we have never manage to do that under control and elegantly but this is the way we will go. About 18mths ago I switch a big chunk of my Families dough from Bonds to Shares. I believe the 35 years bull market in Bonds is coming to an end slowly because Govt cant go on borrowing because as you say they just owe to much. Silly for Govt to borrow to pay for pensions and NHS and Education. They will require more people to provide for themselves........and they will use buy to let I guess but overwhelmingly they will use the stocks and shares.......hence I anticipate a long term bull market in shares ........but ok there will be the pull backs from time to time.........like OK tomorrow but eventually onwards and upwards again. The law currently entrenches bonds in the provision of pensions ( annuities ) but already the law has been changed so people can engage AIM in ISAS to build their wealth base. There will be more to come. I think the Americans will pull back soon on QE........but classic approach..........talk talk talk and by the time they do it the Market will be board silly by the idea...........and of course they will match it to growth and do it slowly. And yes I am up to my eyeballs in gold and silver ..................and Zinc and Copper and lead Kind regards Duster

Linked to your last post the buying is quite strong today against sales........but sp drops I personally think the main markets will hold for many months as China is becoming quit stable and mature. Our threat is Southern Europe but overall Europe is in trade surplus like china ....??? We are all competing with china and chasing income so bonds down and shares up...........like the bond long term trend the new shares up trend might last for years as the west convinces itself it has to earn its living. Governments trying really hard to stop issuing bonds and growing debt. Within that vein I am working the long view that gold will stabilize between 1100 and say 1500 as the first shoulder of an H and S develops......again could go on for months...........but the head will come and I shall be there..........in the mean time KGI has it's own steam and is well profitable.

They always seem to do good sensible deals and well up front. I have been caught before with shares that have flopped because the Co didn't secure enough money to take them to the finishing line. Very painful ! and make them look such arzez. I have relatives in at 350 ish.........I tell em no worries This time round I am here buying between 200p and 250p but will prob go on buying upto 400p as I am expecting divis soon. Not sure what the dough is for but I have a sneaky thought they have found shallow ore on the newly acquired leases. How about that. !! Always interesting here. You relate the £50m to the current capital size of the Co........remember we used to be 5x larger and not producing as much...........last time we did this it was £60m which we have paid off.!!