The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Hi all,
Nice move upwards here. I'm still in and holding strong.
Thought I'd try and help with the dividend issue.
I'm a holder in PAF, in which I was taxed at 20%. In a different account, I was taxed 10%. This was because I sent a non- residency form to the link group. Obviously, TGA will have a separate form/ registry to send the form to.
Personally, I may sell up and buy back once it goes ex dividend.
GLA
"Turmoil as Peru leader sets 2nd Cabinet overhaul this week." Article on AP.
Not a great look for the new president. Makes me wonder how long he'll last in power.
From the last look at the chart, I reckon we are at/ very close to the bottom.
An impressive rebound to 13s - the speed of which has surprised me. It goes to show what'll happen with a sniff of good news.
Interesting to see what happens in April. With higher interest rates, inflation rocketing upwards and higher taxes, surely the economy will take a bit of a whack. I'm no expert but higher taxes and inflation leads to decreased expendable income = economic downturn/ recession.
@bonker, I know you've highlighted Q2/3 for gold to take off. Looking forward to see how this plays out. GLA
Truly awful update which is worse than I expected. It has always been about becoming a multi mine multi jurisdiction company. The is a share for 2023. Yes, the price is painful but I'm hoping the worst is behind us now.
Remember, Yanfolila was built within budget and on time. Hopefully, the same will be the case for Kouroussa. Just a case of holding until next year for me. GLA
Nice close for gold then. It seems that gold isn't being smacked down as much as it has in the past. That'll be the effect of inflation for you. All eyes on the CPI figure tomorrow.
In terms of hum, once Q4 results are out of the way, I'm hopeful we can start climbing up. The 'sanctions' shouldn't affect operations much IMO.
Question is, when will sentiment change with gold stocks? All gold miners seem to have been beset by issues of some sort and as such the share prices have taken a beating.
The current macroeconomics with hyperinflation and lack of growth are supportive of gold. I'm hoping it's simply a matter of time...
I assume they'll show up next week. Can see them on x-o but can't seem to get a price to sell
Well done to those that topped up and those that stayed in.
Never thought I'd see 14p here but that's miners and the AIM market for you. Thankfully, I didn't miss the top up opportunity here like I did at HOC :)
Onwards and upwards from here.
Excellent update on reserves. Yanfolila is a cash cow that keeps on giving. I think we all agree that this is greatly undervalued. It's worth noting that on first gold pour, this was at 39p.
The longer the price stays here, the longer you have accumulate.
@bonker: well done on your hoc trade. I didn't grab anymore but I'm keeping an eye on it.
Wow, 1M extra ounces and the market just shrugs it's shoulders. You just couldn't make it up. This seems like a coiled spring - the move up will be spectacular when it happens.
Hoc was crazy today. Surely just manipulation but will see what happens over there. Hum to the rescue hopefully :)
Bonker, you still in?
Wow, 6% inflation. Transitory has gone out the window. Finally looks like gold miners are moving out of hibernation. Personally, think hum has the highest potential out of the numerous gold stocks that I'm in.
This is simply a waiting game.
Best time to buy when it's quiet. Gold looking good and a lot of news to come in the next couple of months. Q3 is usually the worst quarter and as such this is a good time to top up. Did just that earlier.
By the way, US CPI figure will be released this week. A lot to look forward to here. GLA