Member Info for mogo

on this info I'd guess both NYO and CNR are superior to HUM.And even Bellzone though they do have long contracts could be victims of a Chinese/Guinea deal...

yes Guinea too with Bellzone is as bad maybe. Seen progs. about Nigeria-awful,perhaps W.Africa is a no-no...anyway I'm prob. keeping cash for a good while it's safer lol.

thanks for your responses today;yes hyped by share mags. isn't always the best-what are the agendas of these columnists ? Yes about 1.2g/t even though near subsurface isn't great.It's just the torment of my early producers maybe gone past most hopefully now,tends to put me off going into that again,inevitably their cash burn down to just ahead of their esimates now might overtake their spending.Then yes your Ethiopia taxes are frightening Liberia might not be far behind,in that part of world I quite like Bellzone yes Chinese input and govt. might not be ideal and shares are down now.Chinese yes I've seen the prog. twice about the Tazera railway tiz through my parallel interest in the TZ northern railway for AFE,and on that I always say use road haulage is better lol.Yes dirt roads but you control the truck not a derailed/brokendown loco lol.

I noticed HUM's gold was just above 1g/t while RRR's stuff is well above,the difficulty is in valuation,it was explained RRR were confident about their figures but couldn't JORC it as it isn't possible in a veined type mine as opposed to thicker pipes.I'd like to throw my tiny cash reserve into something but I've finished with explorers mostly.My present R/L miners are mostly early producers.Yes thats harder but maybe nearer the final rewards of course explorers often give god initial rewards too,look at the charts of AGQ to see that lol.No idea when if or how I might employ that money,IM might even do nothing,cash is still king I feel.

Sorry but the wording in my post was a bit ambigious-it was actually about Hummingbird Resources,the word "this" referred to that it was tipped by IC to hit a big gold resource soon-your info on NYO is good though,thanks. You might find the HUM website the comparison between NYO and other gold miners interesting.

missed the g out bad keyboard lol.

Jibbo you have Nyota I think in your VPF,I see thst turns up in the comparisons shown in the presentation within the Humminbird Resources site.HUM.This was featured as a tip last week in one of the share mags.Of course as expected you get a SP boost from that which I ignore though the chart was good earlier on.They have some cash burn but still hold about £20m to cover they say less than that so far.Obviously as an explorer they'll need further funds.Any thoughts on this ? I've a small amount of cash to invest no hurry though just casting about.I'd considered a larger company but quite happy to just do this longer term so size hardly matters lol. http://www.hummingbirdresources.co.uk

AQP was in the VPF,not AGQ though that is up nearly 50% now.

was thinking there that though my last years' VPF just to take any example was bad over the year,losing half the value,none of the shares within were wrong in any way longer term.Really in any portfolio you need to allow enough time for each share to come to fruition.Given there is normally a bull market about each 5-7 years that is your least time you require.Look at these so-called disasters with a longer approach 1. ,AFE,ATC,RRR- these small miners are early producers or developers and might in time build up quite remarkably.Obviously you get early production gremlins when the cost of plant outweighs low initial production.And exploring is expensive, top geologists aren't cheap.AFE have one of the best for example. 2. EMG and AV. anything financial is bound to be affected by economic cycles but persevering wins the day eventually.The number of times I've sold good FTSE350 shares then they rise! 3. FRES I should have kept in my 2012 VPF still going great guns. 4. AGQ the best performer post-2011. So unless you favour day trading I'd say get some kind of asset pyramid organised so you are totally independent of the money you decide to sink into shares extremely long term.Ride the peaks and throughs if necessary totally ignore SP's for long periods while value grows.You can slice off amounts of your shares on getting profits but keep most invested.Thereby avoid CG probs. and cut down MM's charity which should begin at home!

AFE surging a bit,no idea why.

BGC/BTG on positive "drugs" with Varisolve; FBT recovering a bit.

I see the recent better SP's from RRR resulted in just going to the top of the apparent 2.7p to 3.3p band it has been trapped in since mid-December.Then down to 2.7p and up to the mid-band at 3p.A breakout appears delayed even longer.At least the slide of 12 months from nearly 20p seems more or less over.Charts of course tell us nothing about the future,that's why I'm not a real chartist and never forecast future SP's.News will decide everything.

report by Fitch says oil EU ban will be neutral for refiners-negative for actual refining,positive for sales;also Israel warns time is running out for actions;the ban/actions would be bad for EU countries.Plenty of evidence here http://www.foreignpolicyjournal.com/2012/01/29/iran-war-by-other-means So how do we invest ? We need to ponder these things. Perhaps it is too early. To splash valuable cash- Iis that a poem for 2012 ? I now add a third question to my previous two for 2012-1. will there be more US QE in an election year ? 2. whither the Euro ? 3. is there already war decided against Iran and with what effects ?

Yes Jibbo -JT's a Gent! No further actions needed then.Also I'll give you a virtual payrise from your boss or whoever.And virtual flexitime sos you can review our VPF's a lot more during office hours.Far more important really.Who cares about whether old and praised execs. get to keep "Sir", about Merv, or even Sar-kozy.

JT is getting a lot of hassle tonight.

Jibbo was 11.3% is now 10.3% minus 1%;Prar' was 13.72% now 11.8% down 0.92%;JT was 2% now 2.6% up 0.6% and the biggest riser is mogo was at -3.8% now -1.1% up 2.7%!!!! Now we see what is really happening..also JT I'm a bit miffed about FBT which was 41.5p on close of trade on Jan 3rd but you have the starting price as 44p-could that be checked ? Yes I know it fell steeply on Jan. 3rd..have to try to win somehow you know! Without that one I' could be 3rd now.

or is the first word removed ? Probably goes this week to my FBT.

Not worried by that,I've closed up a bit this week,about 2% to 3% on JT-he never mentioned that lol! I'm about twice my last years' level and Jibbo and Prar' might have peaked too early ? Anyway now two 2-horse races are on.Interesting looking at HAS's chart as JT says,it is a barometer and can forecast FTSE100 movements,and it's looking good.I'd be happy to lose though if my miners could do well this year.The VPF is exciting but it doesn't help pay the bills!

If i my VPF holds, it is coming up to about minus 1% now about 2% up on last week..AHT is contributing better.PFC once the best was given a broker downgrade,IMT was ex-dividend not recovered since,while FBT came up but then gave up lol.As said,I'm far better (+49%) than last year,in fact it would have WON last year against the far poorer efforts(lol) I'm "milking" this of Prar' and JT on those figures! It's just the opposition is stiffer-"milking" takeovers and unbelievable share choices from Jibbo going great guns all over.I'm sure JT's Beowulf will explode soon too.

Seems to be recovering from the post Xmas binge lol.