Member Info for mogo

I also said a few weeks ago that I hoped MP could return somehow.And at the time I always said being a miner was impossible,though yes I should have sold up high that was major mistake on my part.Of course few believed this mining market would go so low-I see nickel is moving up a bit from rock bottom this week..

the "new" board over reached while MP knew being a miner wasn't on.However MP though he's great at PR they still never got deals in the better years from 2009-2010.NC might manage it though.

Guessing that MP and NC might end up on the AFE board,plus several of the existing members to go...of course some of the "new" board that replaced the EW/MP- the "old" board have already left. And in fact EW withdrew his claim and MP never made one -despite MP not drawing income- EW too might return ? There's no doubt allowing for the mining bear market ,confidence was higher with the "old" board.

yes was a swap for the holding of IFC,is actually a "beverages,soft drinks/coffee group" ! Is up 11.76% now.The full set of II's restored.Would these be friends of NC ? It seems still as if they all know something is "brewing".

seems the gold majors came up about 2 weeks ago now a few AIM ones up-see AVM there up 1/3 now

Yahoo gives over 3% in the TO. and over 7% in the .L exchanges.Charts the relative strength was 10% !! now up to 20%.The MACD is rising but negative.There isn't yet a 5/20 DMA crossing for a buy signal except today so far,but volumes are about doubled.

ABG had been at a level above 100p where the SP was only 40% of the 200 day moving average! Previously up till the end of 2012 it was in the 450p to 600p band.My remark this should double wasn't therefore a wild claim.Anyway a move on the 100 day moving average at 126p is now begun.My favourite short term buy signal is when the 5 day crosses the 20 day moving average which has just happened.The MACD still below zero and the relative strength at 60% are both rising.Conclusion hold or buy..

on digesting various things on Kitco etc- QE cut still thought to go ahead giving a window maye till at least September maybe more in which gold might do better. Gold has paused a bit today.Commentors say gold has at least solidified a base in the last week.So we might invest in gold shares for a bit.But watch all sources esp. the Fed. who will try to massage/manipulate things and play games as before.GL DYOR

though yes you'd still assume an arrangement had been pre planned -something NC had sorted before which the remaining II's and the board knew about.He'd hardly move in blind. And it'd need doing in two months for the 10% to mean anything.

its the loss of the first of the bigger II's.IFC wanted African development,the II's might not themselves be able to fund Dutwa themselves without outside partners giving dilutions though IFC tmight have possibly got something with their wider contacts.

This might be capable of about doubling from here ?

looks a great position now pity no ISA here

even one more of Bernanckes on/off speeches might do it for us up/down so watch for that

might also daytrade-when is next divi ex date ?

there will be an update by month end.Yes gold price is unpredictable,of course any profit even £1 is a profit.G;L

agree no one here can be complacent about the gold price after this years' events,watch the Fed. like a hawk they hope to go on manipulating and they will be.

though from what you say earlier ABG was the biggest mover on a quietish FTSE350 this morning.It is 5th in Africa,and a cost tightening is ongoing.Gold costs under $1000/oz on average.Cash pile,dividends etc.HGM another of the larger runners but it isn't ISAable.

your patience should be rewarded soon

is beginning to join the goldminers party ?

7 large gold miners from Canada produced today the following rises rounded DOWN to nearest %-5,4,5,7,6,8 and 5, which is quite convincing.