Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Interesting article on...Goldseek.com....Gold and Silver paper slammed...Massive sell off today....500000...last of the weak hands panicking...
Frustrating.... strap yourself in I think. Everything you have said is spot on. This month is historically a poor one for gold....but all the peripheral factors that used to have an effect on gold are now gone. Look at the Greece situation....gold would have taken the roof off in the past!! Now it drops like a stone.. Lets stick with it...who knows what's around the corner. History tells us that what goes up....must come down and visa-versa in respect to stock markets and prices...normally!! Patience is a virtue they say...certainly never had mine tested like this...haha!
Well I did say it would hit 3p not so long ago. But what is interesting to note is....still no buy-ins from the company or its Directors, sending out a group of lovely signals to investors......we are going to go bankrupt....we don't know what we are doing.....the share price has a long way to go down yet. Happy Days!!
You guys noticed the pattern to the gold price drop....1180....then 70's for a while....60's....for a while....then dropped to 50's....now consolidated there. Anyone like to guess where it might venture next??...haha! You've already read the script....yer?!!
Good article on FX Street....Gold and silver spot prices increasingly detached from reality....Think it gives all the answers why gold is where it is and miners are being slaughtered as a result!!
Just topped up...AGAIN!!.... Be rude not to!! Haha!!
Anything to do with gold...absolutely slaughtered!! Only one way now......seriously down...would bet on it!! Hey.... well done Greece....be strong....vote.... no...don't give in to the bullies!! Bring back the characterful Dracma....I say!!
Haha....spot the typo's!!
Have you also noticed....when the gold price dropped so does this SP....yet...when the gold price rises....this stud where it is....or drops!!
3p inevitable...grim time ahead!! Gold has no chance.... Crashed...again. Still dropping like a stone...even with the Greece news.
Still haven't got this trading thing...haha! Someone tell me how this SP has lost 7.4% of its value...with no trading??????
Agree....
Being set up for a fall....waiting for Greece to tow the line...then wouldn't be surprised if it gets smashed.....below $1050oz. Hope the Greeks are strong....and go tell them to #%*}{\~€$¥\#%. Difficult one for them...hope they get what they want!!
Thanks mate....I think there's a good few who have hung in there. I had the choice to get out on a number of occasions where they ticked up a bit and I could cut my losses. But I decided to buy...buy...buy.... and just take the chance by greatly reducing my average. I must admit, I convinced myself at times that I had made the wrong decision when we went through that period of bad news after bad news! I look back at my previous posts...brimming with frustration!! Now when you look at how development and exploration projects have been shelved due to a lack of finance, I think AVM's Souma and Tri-K parts of the operation are a key asset for the future and as I have said before, could put them in the Premier League of Junior Miners. I am confident that they will get the money to finance their development and the ongoing business review will shake out the old and bring in the new. Also, the purchase of shares by the company, something that was raised at their last meeting is an interesting one and could put some icing on the cake. I'm not quite sure how that works, maybe someone else can enlighten us. Anyways, well done for hanging in there, I'm sure you are going to reap the rewards.
Never has there been so many eggs in one basket...haha! Confident about my gut feeling...Similar to the one...when my Lucky 15 came in on Saturday and I needed a wheelbarrow. My last horse running at Gulf Stream Park was called Prague...it didn't have a price..but it was showing top of the card...so I assumed..6/4...5/4...maybe? Anyways...3 had already won...5/4...2/1...and...7/1. Decides to watch the final race...arrives in the shop (with the red livery), with the race half way thro' ...two horses way out in the lead..Prague is the leader...flying...nothing can catch it....p#%sed it!!...12/1 outsider! Went to the counter...in shock..."I think I've just won a lot of money!"...after a brief delay...I got the reply I was waiting for...OMG!! Haha! Is it in the bank...why of course...rather it was...Now it's on a horse in a LONG race...its name...AVM...of course!! Haha!
Well...topped up again...must be losing it!!! Haha!
Well just when you thought it could get any worse...it picks up again!! Gold and miners getting properly trounced...especially RRS!!
Loving this....25000 more sells....up 4%!! Sell...sell!! Haha!
The best bit was this morning when it went up...0.5p on 11000 buys....then down the same....on 5000 sells.....with gold still rising...I know guys.....there are other factors.... But the way this SP acts is very erratic!! Let's just hope when it pops...its acts the same in an upwardly direction eh?!
Still going down....I just don't get this!!! Someone's got to be taking the p!£s. This lost over 6% of its value today....even though there were more buys than sells. The SP continually loses ground after any gains. No consolidation....always losses. I look at HGM...AMA....OMI.....buys and sells and see a different picture with more sells than buys. Add in the gold rising factor. Very confusing...frustrating....