Member Info for LWHL

Or at least reducing.

Either way, how delightful the price action :) GLA.

And when you return here, lse, it usually portends well for the SP.

So welcome back :)

Like much of the rest of the market, it is taking the elevator up, rather than the stairs, right now.

I have taken some more off the table, but still have some left with the old sell order in place.

Naturally it is delightful seeing the screen right now...and long may it continue...but :) GLA.

IMO. And a potential golden cross forming too.

Although at the time of print, they are ten a penny, but at least we are in that packet, rather than the rarer absolute dogs that are not, lol.

It will be interesting to see if we can continue this momentum after we go ex div.

Without taking anything for granted of course, those purchases in the late winter and Spring are feeling pretty pleasing right now. GLA.

That is a crazy weighting. Even if your stocks only constitute a fairly small part of your overall asset base. IMO.

But happy for you. And pleased with the current direction of travel here (and more generally) across the markets right now. GLA.

Yep. So many golden crosses and pending golden crosses right now. Crazy market. Hey ho.

As long as it does not involve bidding again for you know which outfit, then I am cautiously fine in principle with further M&A activity.

Whether anything is worth buying right now, at a price that will not put our own financial health at risk, is obviously something that remains to be seen! GLA.

What did you make of that update?

For me, a retest of the 200 DMA would have been a potentially attractive re-entry point, but IMO there were not enough positives to compel me to retake a stake much higher than that.

Which looks like I am therefore probably not going to get the chance. Which is fine. On my watch list, just in case. GLA.

Just closed below the 200 DMA, but cannot complain. It has been an excellent day, capping off an excellent month or so.

The whole market is ripping though, so while naturally pleased, I am also somewhat cautious.

If the markets continue to play nicely next week, no reason IMO for us not to continue the splendid forward momentum. GLA.

Every little helps. Strong day today, and on decent volume, too.

Closed above the 50 DMA as well, although I want to see it do so for at least the next few trading days, before I take that as a confirmed break and new potential support level.

It has been due a proper move for a while now. Quite a lot of consolidation, IMO.

Hopefully this will be the start of one to the upside, rather than the bottom of the channel that I mentioned previously. GLA.

You make me laugh, wildtiger :)

Have a good weekend all.

Probably closed at dead break even, and now riding a leveraged play up until the very best price to exit... :)

I hope so. I think my target here is/was 25's, but sufficiently distant to be pretty much off my radar at the moment.

No rush. I am comfortable with this one, so less 'active' than with a few more lively names. Famous last words, lol. GLA.

Hopefully indeed - if so applicable.

Although people need to be especially careful what they type now, for obvious reasons.

See what the outcome is. Innocent until proven otherwise etc.

I would imagine it will take a very long time to reach a conclusion either way, so pace yourselves. GLA.

I think new ATH's in gold are nailed on....but IMO the chart suggests that in the short term (perhaps a few weeks or so), we are going back to 3K, maybe even a nudge below that.

Might pick up a few more goldies at that point, but sitting tight otherwise. And the TA might not play out of course, but fun to shoot the breeze etc. GLA.

Not sure if this is a case of the rising tide lifting all boats, or something more interesting happening in the background.

I am not convinced personally, but the chart says otherwise it seems.

I have taken profits, but am probably leaving at least 5% - 10% on the table. Naturally more, if there is something brewing.

Which is fine of course. GLA.

It shows that AI still has a long way to go, lol :)

12th June was ex div. Gets paid out on 11th July, but only to holders before ex div, not after.

Just in case anyone thought they still had time to get in for said dividend.

Yeah, but you also have to manage risk. Nothing is more likely to see you suffer a portfolio wipe out, or take a hair cut that sets you back years, than a default HODL strategy.

As mentioned previously, my first buy here was in the 18's. I ended up buying a lot, and at many different price points, all the way down.

Because I was a convictionist about the PM space in the long term. Cos fiat currencies etc. And to a large degree, I retain similar thoughts on this.

But as was seen with POLY, and with one of Barrick's African mines very recently...and a bunch of other mining assets across the third world in the past, you simply cannot entirely dismiss geopolitical risks in this space either.

It has been a close shave in Mexico a few times since I have been a holder and before then too. Right now, fingers crossed, they have a reasonably sensible political administration. And we are helped with who owns the company to a large extent as well, IMO.

IMO, what we are seeing today is only a healthy pull back. The chart still remains excellent, even if we are very expensive on fundamentals.

I think we have further to run and am not ready to cash out my final position yet. But for the reasons above, I would not be adding here either, pleased though I am that others feel differently. GLA.

Well done. A nice return, that.

I have removed my sell orders, which were in the region of the gap that F-F mentioned.

Going to watch the action and take a view, but I think the 200 DMA is going to be a tough nut to crack.

So not sure I am going to hold for that much longer, but fairly relaxed either way, right now. GLA.