Member Info for mattlilly

Agreed on CGP...had to pay CAD$1.965 yesterday, but WAYYYYY undervalued in any scenario...bought them because they represent a cheaper way into more SOLG than DRG or SOLG itself...still holding over a million of the latter though at an average c19.5p...

GLA

I assume that as the final dividend has been declared, you'll get that, but given their conservative policy and the banks having to support british industry I cannot see any future dividends for 12/18 months at least...sorry...that's why I sold out...

Better to stick to CEY...worse to come...AIMHO

Please not Gina...she waded into SXX and look what happened...kiss of death...

Lundin not London...and BHP/Newcrest, not BHP/Newmont...f*****g predictive text...

There are plenty of other players...Newmont said directly they were on the acquisition trail...Barrick, London, etc. etc.

None of those is precluded from a bid and I believe BHP/Newcrest would counter...

I am still convinced the end game is NM sells Alpala to BHP/Newmont and uses the cash to develop the other properties into a world class copper/gold miner...remember, as the previous RNS said, they have another six regional interests that could EACH be as big as Alpala...

The next big news might be SOLG taking out CRG, rather than the PEA...now that would be a BIG boost...

Meanwhile, surely NM won't have missed out on this opportunity to buy shares like they said...Directors Buy RNS incoming...?

AIMHO as usual and still holding over 1 million of these beauties...

Palladium up 22% in 24 hours and 9% in one hour....

THS hasn't moved...plenty of cash...just doubled up...average 44p...thanks Nickel...

Palladium up 22% in 24 hours and 9% in the last hour...not too late to load up on THS...

Meanwhile tried a dummy buy in ATYM - 5000 at 88.5....

Thanks for the 'heads up' just bought THS at 43+ on a T20...

Still too early for ATYM...

AIMHO as usual...

Remember this from post 4475 on Weds?

"So HOC is nuts cheap...even with the mining suspension...the ore is still in the ground...it makes more money from selling gold than silver and has $95 million in cash...

RBC revised its target to 270 on 11 Feb..."

Bought 20,000 at 82 yesterday and sold this am at 116...

Still holding 30,000...invested the proceeds in VILX at 5.3...

Onwards and upwards...

Meanwhile, my MAG.TSX doubled in just a couple of days...there's bargains to be had...

RBC Capital Markets Feb 11 BUY target 270...

HOC produces more gold by value than silver...even if the mine is shut, the silver isn't going anywhere...when prices spike it will be worth way more...

Here's my post from ADVFN that hints at the REAL price of silver and the opportunity...

"Safe haven currency...people are buying dollars because they don't want to buy equities, bonds or PGMs...whether we like it or not...if the dollar goes bust the whole world goes to hell in a hand cart...

Meanwhile...and here's a very real example...

The actual BULLION price of Silver er is $13.1/ounce compared to the spot paper price of $12...a 9% premium...

Whereas the bullion gold price is $1484 vs a spot price of $1480...a 2.7% premium...

My suspicion is that spot silver is being heavily shorted by people who don't want to commit to equities...

Whether China restarts or more likely when the shorts have to close rather than deliver, there'll be a spike...mines shutting...supply falling...investor or trade demand recovers...BOOMMM!

AIMHO as usual..."

ATYM has cash...its still operating and generating net cash...it also has more than enough debt facilities to ride this out...only one new case a day in China for the last two days...auto factories already reopening...copper price will spike when the economy restarts...

As for RPT that's a great call and I saw the price movement today...my choice is RDSA however (bought below 1000...nuts...)...plenty of cash/debt facilities and the biggest natural gas producer in the world...I agree...natural gas will recover faster than oil...yielding over 15% (although that may not be maintained)...

It is also the 'greenest' fossil fuel producer in the world, with a vast and growing income source from non petroleum products

BUT...are you holding cash or are you stuck with SLP and THS...?

I have 20% of my portfolio in cash or VILX; over 45% in gold/silver miners/funds (FRES/HOC/GPM/HGM/KEFI/MAG.TSX); 20% in SOLG; 10% in utilities (BT/NG); the rest in RDSA/ATYM...and I'm now up c10% overall since January 1st (thanks largely to VILX)...

What's your portfolio profile?

SOLG is not SXX...there never was a substantial market for polyhalite which is inferior to potash...

Forget about the copper...Alpala has 86 million ounces of gold...that's $130 billion gross...

Nick Mather has stopped turning the drills, so we are on care and maintenance, probably still with almost $20m in the bank...

The ore isn't going anywhere. When the economy comes back, even if it takes 9 months, the pent up demand for copper alone will explode the copper price, because of the production cutbacks...

Its only a matter of time before gold explodes...the only thing holding it back is that people have been liquidating anything in profit or raising cash for margin calls...we're through that...the fundamental problem in the US markets was that there was no liquidity, so when panic set in, either there was no bid or it went through the floor to get a sale...look at all the refs coming out to hedge funds losing a packet and funds locking down because they can't be priced...

Soon people will be searching for value...there is a world shortage of physical gold right now, so the paper gold price is artificially low...gold, first then silver then copper...the Gold Silver ratio us at an all time high over 120 compared to 2011's low of 32...the gold copper ratio is at an all time high of 11,000 compared to a low of 970...

You do the maths...silver $63...copper $25/lb...

So what do you buy after physicals...? Don't touch retail, airlines, tourism, cruise companies, manufacturing, etc...we shall see widespread bankruptcies...

Telecoms (people at home still use the phone/internet...I bought BT on a yield of 15%); utilities (the water, gas and elec keep flowing); gold, silver, copper miners (the stuff isn't going anywhere even if they can't sell it right now; when the economy comes back demand and prices will spike).

And SOLG looks increasingly sexy...

1 Care and maintenance; no sales to worry about
2 Miners with sufficient cash resources will look increasingly attractive. I even wouldn't mind an equity raise at these prices if it guaranteed us into 2021
3 BHP and Newcrest with 15% each
4 The major, especially gold, miners with cash resources will shortly go on an acquisition spree for resources at knockdown prices. BHP/Newcrest guarantee we won't be sold on the cheap. First cheeky bid will start a price war
5 Opportunity to sell Alpala to the highest bidder and then use the proceeds to create a major mining company from...
6 The recent RNS identified SIX regional concessions EACH OF WHICH could be at least as big as Alpala
7 Loads more reasons given in the earlier post, so

I expect smart market operators to steadily realise the differentiating factors in SOLG and for the shares got progressively outperform the sector and then the market as a whole...

AIMHO as usual...

Are you dumb or something...every time you post on here you look more stupid...you now have ZERO credibility...

Let me remind you again of your Feb 27 post...

"Precious metals and palladium the place to be right now . Palladium keeps going higher - new 52 week highs again ... THS should report a massive result at its interims in April, SLP will do very well too...."

SLP DOWN 57%!!! Tharisa DOWN 43%!!! Palladium DOWN 45%!!!

So everything you ramped has collapsed and yet you come on here gloating about your Gypsy Rose Lee predictions about ATYM...

Nobody gives a f*** what you think. The more you post the nastier and more dumb you look.

Once again we challenge you to state exactly what your investment strategy is rather than mindless trolling...

From one of the markets reputable sources...FXEmpire...

"Brent markets underperformed the WTI market as Saudi Arabia has suggested that it could last much longer in a price war that a lot of people expected. At this point, Brent is definitely much softer than WTI, mainly because most of the stronger parts of the world economy tend to run on WTI. The Brent market is highly sensitive to the price war between the Saudi and Russian governments, so that is going to be Ground Zero for that. At this point, Brent looks as if it is going to try to break down below the $30 level and reach towards $27.50. At this point, any time this market rallies it should be a selling opportunity, as it simply cannot get out of its own way."

SLP now down over 50%...rumbled...

This guy has been rubbishing ATYM for over a year, but...

QUOTE FROM 27 FEBRUARY:

"Precious metals and palladium the place to be right now . Palladium keeps going higher - new 52 week highs again ... THS should report a massive result at its interims in April, SLP will do very well too. Both have massive amounts of rhodium too which have gone from $2,000 to almost $13,000 an ounce !"

Palladium on 27 Feb was 2871...now 1634...that's DOWN 43%...copper is down from $2.85 to $2.38...that's 16%...

Tharisa (THS) down from72.5 to 48, that's 34%...

Sylvania (SLP) down from 58 to 36.8...that's 37%...

And OK ATYM down from 168 to 101.5 that's 40% but...

Palladium down 43%..."that's the place to be"...

Don't look so clever now mate do you...

STOP DERAMPING HERE or own up to how much you've lost since 27 Feb...I've lost only 11% thanks to my hedges...

Nobody likes a clever dick...

Instead of bragging, why don't you tell us what your investment strategy is and how much money you've lost on your portfolio in the last month or so...

If you can't do that, go away please.

At least I'm transparent if you follow me on ADVFN (rougepierre)...

Clearly Dorothy is 'kitchen-sinking' to clear the decks for a recovery, but...

This is why I am holding off in definitely and m maybe why TLW are down while PMO are well up...

"2020 free cash flow forecast of $50-$75 million at $50/bbl; free cash flow breakeven of c.$45/bbl"

And that is DESPITE the hedges...

When this all settles down I expect there will be a bid, but I think the markets generally are experiencing a 'dead cat bounce'...

GLA