The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Playboy007
I really whish you was in charge of Kouroussa operation, damn what opportunity HUM have missed here....
I mean just with a glace from a short video you have already understood, all about Kouroussa.
No doubt for a Playboy the word strip, has a different meaning...
Https://www.investing.com/news/economy/global-watchdog-warns-over-very-high-leverage-in-hedge-funds-3168274
With US treasury already loosing asset value for banks and financials balance sheets, NGFI are now exposed to a stock market, that must be keeping going up.
Tbh NOT sure it that news refer to Hum at all.....
They talk about KGM mining company, and mining in Kourousa .
No mention of Kourousa mine or Hummingbird resources.
Look fake news to me. But...
POG still very bullish imv.
https://tvc-invdn-com.investing.com/data/tvc_890839ff3038c3b45422e3cc3faee0cf.png
Weekly candle gap up can't be bad news. US Treasury valued at 2008 credit crunch levels meaning US debit is reaching junk levels.
Meanwhile Hum is doubling production? Why? Why this is happening to me.
Anon3 well done.
We need to be patient here, the market is no fool...
Maybe more opportunities to buy cheaper, long term prospects are solid.
Strange to see sale trade going trough below selling price.
Definitely a difficult balancing act for Mali Gov.
https://www.africanews.com/2023/08/31/mali-adopts-new-mining-code-to-raise-gold-concessions-ownership//
Not sure how re-negotiating what is renegotiable and recovering what is recoverable will work out
Https://www.investing.com/etfs/ishares-lehman-10-20-y-tr.-bond
Very low price and close to break recent support, this is US having to print not for expansion but just to sustain its debt.
A dilemma for the Fed whereas buying gold can be as wise as buying its own debt, interesting times.
Consensus is for a pause of rate rise comes September, I wonder if they are still looking at macros or Micron?
Large buy order need filling, hence sp kept low. Imo
Large buy order need filling, hence sp kept low. Imo
Indeed what we are all waiting is Q3 and giudance update, before that Kouroussa progres is likely.
No worries for Kouroussa new is too early, and for financials, past release dates had discrepancies of weeks
.
Https://tvc-invdn-com.investing.com/data/tvc_26de9635518e208c843bbbec00382629.png
In a market of buy the rumours and sell the news, after today negative or worst than expected economic data from USA economy, is likely that POG/spot won't advance much more from these levels, currently at $1946/oz.
The graph below (hourly) shows a peak with RSI on overbought and a support trend that bring it to mid September resistance level.
Interesting to see how any downside in main US Indexes, will affect USD/POG
Yes BT you market assessment is correct and for that account, with improving fundamentals the sp will keep creeping up.
But I am curious to understand why there is absence of buyers at these levels, with a potential x3 multiples on the card.
Possibly lack of volume is a factor, right now investors mostly are staying away from Hum, due to its high gearing overshadowing its potential.
Looking forward to news here, confirming operations are as planned.
There could be subject titles like:
Share Price, POG, RNS, Chart, Macroeconomics......
Maybe we should reorganise this board with a chat system, where each post sticks to the chat initial title.
Admittingly I tend often to follow up last comment of a chat, even if got noting to do with the original title, but have noticed that in another investor room called Hot Copper, this system works very well.
Is a great way to save time and to add meaningfully to comments and research.
Thank you GI and to all of you too fellow Humingbirdiers.
Today was one of the big one, US Job Reports data out below previous month and below forecast.
Going forward IMO I can't see the Fed wanting to rise rate further, surely CPI is the piece of the puzzle missing, out later on in the week.
Yes was forgetting Q3 production and AISC guidance update.
Hopefully will be positive news, considering that is likely Yan production forecasted will be beaten this year IMO.
POG of late seem quite strong, is holding well even with USD rising. Maybe the market is sensing that the Fed Reserve is running out of ammunitions to beat inflation . Perversely going forward more they rise rate and more is becoming beneficial to other asset, indeed right now, the best safe haven investment would be gold from a dollar denominated investment base, especially since main US indexes seem to have reached peak valuation.
We just need some confirmation news on production and operation and then the macros, should create decent support here, albeit volatile du to debt burden.
Not worth to speculate on short term debt repayment imv. The investment case here will maximise profit in 6 to 12 moths times min, with the upside of hopefully some spikes in POG.