George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
New,
Depending how you perceive risk and what you’re “happy” to lose should decide your share split. I’m heavily in this share but say it we to make me back a substantial amount id go more down the route of 50-70% long term “safe” funds and the rest as a mix of medium to high risk shares. I know others hear would take a different approach in the same situation but it’s all about how comfortable you are with the different levels of risk your various assets have.
Hi all, just wanting to gauge interest for a discord server. I find that here can be awkward to find new potential investment opportunities and that information can quickly get swamped down the feed by endless amount of new threads being made. I have a few ideas but it'll mainly start as a chat for SYME and suggestions can be built on over time for other shares etc. I've attached a link below but it's bare bones for now.
https://discord.gg/dnGVq5Hsxf
https:// discord.gg / dnGVq5Hsxf
Said final top up before but at this price how could I not again. Holding a mix of this and vela gives me good hopes. With brexit happening at the same time as this lockdown's aftermath I can see more companies needing this service due to two major hurdles in cash flow.
GLA
Stop being so childish, all of you. This isnt a d*** measuring contest. Just give news, opinions and ideas and discuss them. I'm not here to brag or see others brag about money made, i'm here to give/receive investment advice and news.
Thank you Noel, good read. I agree with the points made. I just feel like theres a small window to make quick cash else where during this break before jumping back in. The entertainment sector has done well, check out cineworld for example.
I believe that stocks linked to gold are going to stagnate and possibly drop further before we see another steep rise due to general optimism before realisation of the damage done. However i think this period will be short, couple weeks to a month at most, so my plan is to sell a portion but not all and invest in a variety of entertainment companies as well as oil. I genuinely believe that HOC has the potential to surpass 350 by November and even break its all time high next year but for now, I feel my money is best of invested elsewhere for the next few weeks/months.
Thing is i'm on the fence. My average buy price is 200 so i can afford these fluctuations. Loads of experts expecting price increase even more for gold and recent news put a price estimate of 360 for HOC. My thinking is that this is a reaction to news of a potential vaccine when in reality we're still 4+ months away from the earliest estimate of a vaccine being distributed. And that still doesn't take into account the huge hit to the economy and the fact that the furlough/retention scheme will be coming to an end soon so a wave of redundancies will be coming with it. If i did cash out to play oil then realistically it'd only be a month or 2 at most before i'd hop back into HOC/CEY.
With 7 vaccines in phase 3 testing, I'm thinking of cashing out and buying up oil stocks like PMO and BP or even entertainment based stocks like cinemas etc as things start to open. It'll take a few months for people to realise the extent of the damage done once people get laid off once the government stops paying out retention allowance. My thinking is that there'll be a slow decline in gold during this period before another creep back up as bad news comes out start of November once the scheme ends. What're your thoughts on this?
https://www.theguardian.com/world/ng-interactive/2020/aug/08/covid-vaccine-tracker-when-will-we-have-a-coronavirus-vaccine
What do you think will happen first though, reopening of mines or a tax rise? I personally think the reopening will come first and will probably sell 50-75% of holding after that dependant on the news at the time.