Member Info for LuckyLuciano

Frogkid

Not sure if you are realising that your useless posts, are starting to become a positive for Hum board.

Is this the way you like to cope, with not having made that so important investment decision?

Don't be so hard on yourself, mindfulness and meditation.

Https://www.youtube.com/watch?v=pThaVJrzZO0

Very pretty lady.

Thig is cloud is looming.....

Gold as asset we know, it doesn't perform better than other assets like US Indexes or Growth Stocks, but there comes a time when the S#'it hit the fan, that POG is the best of all.

Been hard landing been several small banks going down, IMO some of these events are withing time frame for Hum doubling production and paying at least some of its debit.

This as always been min 1 year min investment options, when rate raise wont stop inflation, banks will keep losing billions and the US economy GDP get hit by a too stronger USD, gold has to the one of the best asset classes if not the best. And then what? Next move for the Fed is going to be anyone guess, as it is going to be uncharted territory, but usually will be some for of QE of subsidy to finance the economy or to support failing banks ?

Interesting times ahead...

Frogkid

as you mentioned my name I feel compelled to reply to you.

Let me say first, that I wouldn't like to get involved with the grudge between you and BT regarding JLP, If you like an advise on that though, there are so many better way to spend your time than be on here, making statements which I am sure yourself are not comfortable about, or worst you regret.

More over you need to ask yourself mid long term, what effect you statement can have on JLP or HUM share price.

We can not change what happens around us, we can not change other people, and surely we can not change other people investment decisions, all we can do is make our on decisions to buy or sell a share.

I do have my opinion on geopolitics, and it is a product of many years of reading and trying to understand the human been, his psychology and motivations.

My conclusion is that we "men" are all the same, been black or white, been Wagner or UN... but please, keep discussing on who's right or wrong, what a waste of time and energy !

Its of such bad taste, to use some narrative about politics and military, where actually people get chilled including children, for one personal interest or worst for a vendetta.

Remember what goes round comes round.

At least if you like to venture in these areas, have the balls to make your point clear.

Trades 92

Vol. Sold 1,545,255

Sold Value £153.21k

Vol. Bought 1,736,192

Bought Value £169.35k

POG is down apparently due to macros, US GDP came flat and Jobless claims slightly better.

And yet GDP price index is QoQ down to 1.7% from previous 4.1%. Pending home sales a wiping -7.1%.

Looks to me the market got a bit confused a kind of misread data here, indeed none of them is directly affecting the USD, some is actually hinting at lower CPI in the future and the one that might suggest higher inflation (Jobless Claim) is one of the most unreliable or misleading piece of info.

================

Strange day indeed on all front.

On the face of it imo today sp drop is down to poor management communication.

What did they expect, by saying that after 4 moths they sold only 1000oz from Kour ?

Worst not even an update on production.

News flow on Kour progress as always been scheduled for Q3, so why the disappointment from some on this board is inexplicable. IMO the 30k/oz from Kour will be achieved for 2023, assuming that they will be ramped up for the last 2 moths of the year at 10k/oz per moth and that, plus the ramped up production.

Today it was the H1 results, not the Q3 with revised prod/AISC, so please try not to read too much into it....

BT possibly M2 is not such of a factor to affect USD, as the Fed has been incrementally printing USD, but the USD strength remains, this doesn't squares up with money in circulation. Higher rates are and are not of a factor in determine M2 because the Fed is allowed to buy their own debit.

Also one could argue and I am among those.... that indeed, the USD Index basket of currencies, these days is very much unrepresentative of the strength of US currency, under many dynamics and logics. Indeed among the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc, the strongest are SW and SF but in volume represent a fraction of the weight.

To balance the POG with the USD Index is pure madness and yet for some reasons they are inversely correlated.

I am sure I have misunderstood something among all this madness, for me that is a clear sign that my brain is still working fine.

Trochilidae

I reeded again my previous post and indeed it doesn't make much sense...lol

Also BT the USD tend to strength most of the times the main US markets go down.

I am not sure how this squares up with US treasuries also going down?

Shouldn't the USD strengthen together with Treasuries? Or have they managed to also with USD Index?

I wouldn't be surprised.....

I like bro....makes me feel a teenager DavidBrent.

My apologies if I came across I know everything kind of person. Indeed these are very unpredictable times, there is a major disconnection across market assets and is very possible that Hum sp could be back at today price in 12 months time.

Time will tell, awaiting news from Kousoussa hopefully before Q3....

Https://www.youtube.com/watch?v=5WddHfyeeAs

Is it really happening?

Laugh as much as you like bro...

I am sorry if you bought high during covid or depressed gold price, imo right now with POG at this levels and the company doubling production, current market cap is a joke....

You can be anchored to the past as much as you like, is best way to miss trains...

I am taking a fresh look at Hum not been conditioned by the past. I repeat I see doubling production, a POG that if anything wants to go higher from here, Yanfolilla issued been materially resolved with implementation of actions and change of personnel. You can agree with me or not in giving the benefit of the doubt to HUM board, having little experience in mining (first even mine for someone that doesn't have mining experience in Mali) maybe you would have done a better job....

Anyhow not trying to convince you or anyone here, please sell on and move away, I couldn't care less.

..Indeed has to happen sooner or later, more time goes by and more value is added to sp, but the market need a confirmations. Value adding news are material and tend to form solid base for growth, but are not based on expectation or sentiments hence a slow moving trends.

So far no bad news and confirmation that all is well on all fronts...

POG included nice to see it holding well after Fed higher for longer rhetorics.

Not excluding a doubling in sp for Hum by end of the year. DYOR.

..and US 10-20 Years Treasury Bond approaching 100

Many financials balance sheet will look ugly.

Testing times for POG interesting to see where is the support, lots of USD strength also comes from main indexes been under pressure. Very conflicting and messy data out there, my feeling is that any drop in POG will be quickly bought by US and non institutions.

Perversely even is we are going trough a mini market correction right now, Hum sp at this levels and with POG holding maught still come out the best performing.

Can't see any other shares or sector performing better, in those circumstances, maybe banks?

Yes the last warning from the Fed is "higher for longer" that is likely to substitute any other rate rise going forward.

On that assumption beside a bit of volatility, one could assume that USD is topping and POG is consolidating support at this level.

All good for HUM plenty of profit margins to pay down its debit, I am not expecting any firework on debit repayments from coming Q3, higher AISC from Kouroussa ramp up and Yanfolilla transition to higher grade pit need to be considered here, but still hoping for a decent net profit by the end of 2023.

Also will be looking at revised guidance on production and AISC, and drilling expl. news...

DavidBrent I hear what you say, free to do what you like with your money bro..

Can't remember what year they open the first mine2018?

==============

Sounded like they have opened many mines and all were crap.

Reality is Dan and the company had no experience in mining what so ever, the least mining in Mali and exploring before that in Liberia. Have posted this before:

https://www.youtube.com/watch?v=4h0Ii4Z2iHk

One mine opened in Mali , thought-out lower gold price, covid and military coup...

Did anyone expected to get rich?

Anyhow at such low sp and given the macroeconomics I rather wait for a bigger profit.

Honestly...with such low volumes of recent I can't see technical have any relevance here.

The company said on Kouroussa nameplate (or commercial production) been achieved in Q4, we are still in Q3 so all good...need to be patient people.

Been invested in mid/long terms and expecting results in short terms is a sign of madness....are you mad? lol

For what is worth comparing HUM to RSG (kind of like for like imo)

I get RSG net debt plus market capital at $500millions for current 360k/oz gold production.

For the same token HUM has $200millions for soon more than 200k/oz gold production.

On this metric Hum is at least 50% cheaper than RSG right now.

If we compare the two miners on a forward profit base for say 2024, the difference in value is even grater because eliminating net debt from the equation would see HUM sp having to grow 3/4 times...

On another metric POG and HUM sp are diverging..

https://tvc-invdn-com.investing.com/data/tvc_c744ee23de57b9916f52b69fa2457ce9.png

So be patient, in absence of bad news something will soon chage.

£2

Yes nice and unexpected POG rise.

Is definitely a case of buying the lows, it has been a while now that central banks around the world are buying bullion as insurance just in case....this beside the BRICS dynamics. Also Indian gold season is a bout to start.

Hope I am right, POG may not fly to $2500 any time soon but can't see much down side pressure either. At this levels HUM is making a nice little profit.

US Gov interest on debt repayment is in the trillion, and people (not the Fed) are buying more T-Bills as if there is no tomorrow, lured by 5.25% coupons. The Fed is no fool, soon these people will find themself with paper in their hand....

Again is not going to happen tomorrow buy 1/2 years is just about right.

Brics nations in stead of a single currency (I don't think will ever happen) are weaponize energy, not sure how the SA/Russia will square up with India and China, which need lots of energy at low price.

Here patience is needed, with volumes at best ridiculous, the sp wont fly. Unless a material new like the sale of Dougbe pops up, is just a case of paying down debit and adding sp value....some 10% per month till end of 2024 would be nice.

Indeed anon3

my point on the positivity side is that so far we had update on Kouroussa that all is fine, that the Mali Gov. so far is not asking for more share of Yanfolilla, and it appear new mining law affect only new projects.

That the so worryingly wars and coups in that part of Africa have not changed a thing, but actually with the intervention of Russian mercenaries they are keeping rebels and terrorist in the country, well under control when needed...(not a nice thing to comment but a reality never than less)

Unfortunately perception for most African mining operation are very different from reality, and only time can heal that gap..

Still I rather been invested in HUM right now that in LLOY shares......see you in 1 year time.