Member Info for JohnLewis79

Prof...of course I shudda but i'lm long enuff in the tooth to realise it was a very long shot and the the odds were well against me...ain't they all. This time I came out in front. Now, here's the question do I stick £250 odd into PAT or use it for more fun'n games down my local after all it's a bunch of free cash?

You gotta wonder... I'm sitting in my local pub minding my own business when lo' and behold a horse called AJAX TAVERN at 14/1 is running at Dundalk..... on the TV. Now my middle name is AJAX and I'm in the TAVERN...and so what's a poor boy to do? Well I had to have a few quid e/w for a laugh ( £10ew) and boooger me it scoots in at 14/1..drinks all round....Happy days, hic hic...

What price PAT if no JVP and a knock back on our license? I have factored 4p at best... GOD FORBID!

C'mon MB let's have you...

Hi Prof, yea a £27,000 buy went in yesterday at 13•50.

Yea a buy Fitzy66 worth nearly £20,000 so not chicken feed.

130,771 at 13•75 (unknown) gotta be the downtown Mogadishu Exchange for ffs!

Stocks went the way of least resistance as US mrkts slumped due to Powell's comments on inflation and the new omnicom virus. The Dow fell 700+ at worst as investors ran for the exits. US Consumer confidence index fell more than expected in Nov due to job worries and income prospects. All 11 sectors of the 500 were firmly in the red. US crude fell 4% causing Airlines and cruise stocks to fall seen as the most exposed to any virus resurgence.

Fed Chair Powell said the Central Bank could start the tapering process earlier in view of inflationary pressures, no longer seen as 'transitory'. He said people should not panic as he had no intention of reinstalling lockdown measures.

Virus maker Moderna said their current vaccine would likely see a drop in effectiveness against the new strain and Pfizer said they were monitoring the situation. Moderna stock fell $16 to $352. Apple up $5 to $165 and Merck were the only two in the black on the big board, Salesforce off $12 ($285) the bottom.

DJ -652 (34,484)
SP - 88 (4567)
NS -263 (16,136)
R2 -29 (1343)
WTI $67•58
10ytb 1•487%

MSCI (W) -54 (3102)
Gold Bugs -1 (255)

Latest:- Oil $71•17. Vix 27•19.
Gold $1781. Copper $4•339.
Palm $1335. Silver $22•880.
Bitcoin $57,051. $1•332.
€1•175. Yen 113•064. Yuan 6•363.
FF +50. DF + 190.
Morning all.

A 199,949 buy went through at 13•50
there are still a few believers about!

Looks like the day traders have become disillusioned with PATs no news sp, if trading vols are anything to go by. No use hanging about for an RNS that could be weeks away. If your a longterm holder you won't be bothered if the next RNS is in 2022 as I'm of the opinion that no news is good news. Gotta be worth the wait.

I'm holding on a 3 yr view or at least till our projects have reached DFS stage, if not BFS, and who knows Bhukia might be in the mix in 2022/3.

...yea Christmas is coming...

A chunky 113k (LRS) at 13 isn't much bothered about an RNS anytime soon. I don't read anything into the trade as it might just be a top slice or some cash for Christmas. Mind you looking at my local supermarket you won't be spending much as the shelves are empty of produce.

At least my 'local' is now back on a regular delivery service having had a nos of weeks phoning round for the odd 11 of lager. A pub with no beer? No partner on board? Now that would ruin my Christmas!

I generally find if I expect an RNS I'm going to be disappointed. I prefer the 'come out of the blue variety' wrapped in good news. Potentially there are lots to announce so timing is very important. For instance HUM kinda blew their drill/reserves news by the road block and lower guidance RNS in quick step time. Mind you MB has had little success in his last few RNS's in convincing a sceptical mrkt but that's another story.

Singapore's Central Bank increased it's gold reserves by c.20% buy buying 26•35 metric tons between May & June. The first time in 20 years they have been in the mrkt.

This boosted Singapore's reserves to 153•76t. The Central Bank chose not to advertise the significant increase in its gold holdings. It only came to light when the data was included in the IMFs monthly report.

DJ +236 (35,136)
SP +61 (4655)
NS +374 (16,139)
R2 -4 (1312)
WTI $69•14
10ytb 1•472%

MSCI(W) +24 (3156)
Gold bugs u/c (256)

Latest:- Oil $72•19. Vix 22•96.
Gold $1792. Copper $4•326.
Palm $1342. Silver 22•880.
Bitcoin $56,634. $1•332.
€1•177. Yen 113•166. Yuan 6•372.
FF -85. DF -377.
Morning all.

Sporty you know what they say you can always get inside the spread!

Hummingbird Yanfoli (Mali) mine closed temporarily due to road blocks by a small minority of the community in the area. This has impacted production. No doubt PAT will open lower in sympathy.

Stocks in the Far East turned better as US futures suggested the Dow would open up c.500 later today. At one time the 225 was down 400, HK 230 lower and SH off 40. In Australia the ASX200 fell to a 20 day low losing 100 at open but has bounced as bottom fishers piled into oversold travel & energy stocks.

Early trades saw Brent up c.5% to $75 with Gold putting on $9 to $1794, the USD flat at $1•334. London is called up c.90 at open on back of Asian mrkts stabilising.

JST 1•15pm.
TK -194
HK -124
SH -1
ASX -23

Investors are trying to assess the damage of this omicron variety which is in its early stages. Countries reporting cases are UK, Ger, Belgium, Australia, France, Canada, Israel and HK. Initial reports point to it not being as severe as covid 1 but could be more transmissable with 100 cases reported as of Sat. The full impact won't be known for a few weeks. Meanwhile more countries are imposing restrictions and banning travel to S.Africa.

Latest:- Oil $74•64. Vix 28•62.
Gold $1793. Copper $4•342.
Palm $1342. Silver $23•395.
Bitcoin $57,400. $1•334. €1•182. Yen 113•684. Yuan 6•382. FF +88. DF +500.
Morning all.

Difficult to imagine how serious this new SA variant of coronavirus will become. WA has dealt with a few pandemics over the years the last being ebola (2021) which killed an est 11,000 people across Guinea, Liberia & Senegal.

Noone knows how this might spread but given the lack of transport to Mali etc..you'd think it was containable and our drilling will carry on as programmed with the basics being observed.
As of now, some countries have started to lockdown their economies making it hugely improbable they will ever recover the lost revenue etc, in time to run a GDP in the plus column.

WA seems to have weatherd the storm and I can't see the Govt panicking and following Western restrictions. Let's hope it will be business as usual, keeping the workforce employed and the odd nugget dug up!

The rot started in HK the new coronavirus variant spooking investors who ran for the exits tanking the Hang Seng 646, the Nikkei 748 & Shanghai 20. The ftse not to be outdone slumped 266 knocking £72bn of the index. NY caught the bug losing 1055 at worst before a dead cat bounce pared losses to 905 at the 1:00 pm close. Only one stock, Verizon Comms ended in the black on the big board.

DJ -905 (34,899)
SP -107 (4595)
NS -342 (16,026)
R2 -53 (1376)
WTI $68•17
10ytb 1•479%

MSCI(W) +4 (3204) on 25/11
Gold Bugs -2 (256)

Close:- Oil $71•80. Vix 28•62.
Gold $1792. Copper $4•279.
Palm $1342. Silver $23•145.
Bitcoin $54,438*. $1•339.
€1•178. Yen 113•175.
Yuan 6•392.
* latest

PAT closed at 15•75 last week on hopes of a JVP being announced. Maybe we were ahead of the game or misinterpreted MB's video comments as bullish pis are won't to do. Whatever day traders were wrong footed and sold out on a daily basis when no RNS landed. No news is being interpreted as bad news.

Looking at it sensibly any partnership in the gold exploration space is going to take some considerable time to evaluate each partners responsibilities (who does what, where and when?) outside of the pure finance one, it has to be a marriage made in heaven for all the parts to click. This takes time. Anyways vols and deals were well down today and the shares drifted lower throughout the week closing down 16% at 13•25 with sellers outpacing buyers by c.2•4:1

Gold went the other way after a mid week wobble to ($1788) gold shifted higher hitting $1816 before closing at $1792 losing $68 on the week. Main St investors are markedly more bullish on gold than the professionals on Wall by 67% to 23%. It looks as though Central Bankers will be in no mood to jeopardise the economy by raising rates too early which is good for Gold still negative 6% ytd (Copper +26% ytd and Silver -13% ytd).

Crude & other resources got the virus jitters, Brent $71•80 down 9% on the week (+39% ytd). Bitcoin now being talked as an 'alternative' safe haven is currently $54,470 (its a 24 hour mrkt) so closing prices are not really material you hope you paid less than the last trade.

Wk47
PAT
--------
Trades 102
T/Vol 1•384m
Buys 0•407m
Sells 0•977m
Sell 71%
Ratio 2•4:1
Avg buy c.14,035
Avg sell c.13,760
Sp 13•25
Wk -16%
Ytd -60%
52 +6%
-------
Cora -10%
Hum -5%
Orr -1%
-------
Ftse -266 (7044)
Aim +3 (1204)
Morning all.