Member Info for mogo

of these ones in 2014 so far -RRS plus 25% ; ABG and HOC 20%, AGD 2% and OMI minus 8%..

Didn't incorporate any charts to that run-down there. Agree that some wouldn't probably give the most gains for example RRS.The aim was to produce a list of safer looking bets.Otherwise ones like AGQ not considered might go in.

sorry that I wasn't mentioned by its maybe as I am not a KGI investor at present though not ruled out.I've almost completed a re think and re jig.I began with my original watch list of companies,These had already been sifted down by- 1. must be producers 2. not Russian,Middle-East or around that area 3. must be UK registered this resulted in a list-AVM,AAZ,AGD,CRND,FRES,GDP,HOC,KGI,MIRL,OMI,PGD,RRS,SHG,AMA,ABG.. I then did a further sift- must not have excessive all-in costs or cash costs,not having worrying sounding debts or low mine life,production must be reasonably substantial no stoppages,etc FRES stoppages,large gold production drops,AAZ too high costs,CRND low production,GDP profits warning,PGD very small production,SHG ditto,AVM still has debt worries plus low mine life,AMA low production though very high reserves -these were quite easy to eliminate.And yes also took out KGI still much too high costs though it is a share I quite like and I've said that often.The hardest one was MIRL which has risen 45% this year the most on my list.However even with very low costs it is a very small producer now,so it might be a bit overbought for now ? This left-AGD,HOC,OMI,RRS and ABG which is my present working list not having obvious things to frighten the horses- hope you might find that useful,of course I read all the company sites before deciding.Research will continue.GL.

there seem to be two versions of a future scenario of whatever you call it depends on your view/finances 1. present trends allowed to continue.Gold draining to East,dollar being eroded,etc. The main markets keep appearing to be almost done,but maraculously go on ad infinitum.Yes a drop this week but nothing signed/sealed don't get excited. 2. the logical view.Would that be allowed to happen endlessly without actions being taken,especially if things got too scary ? In Cyprus there was a long bank holiday,bank savings were raided to pay for meltdowns,rules changed,shenanigans. Maybe a mixture of the two ? Notice I didn't mention gold,which at present has far too low a value to cover anything but a fraction of world trade (????...but scaling that up so it could,doesn't seem realistic and again probably shenanigans instead.However yes- believe it is worthwhile sticking in gold investments. Otherwise ....perhaps avoiding too large cash amounts in banks above what is required for essential needs GL

I lack your knowledge on KGI operational figures.Being in any goldmining shares or gold is important now in my opinion.Of course some are better than others,you like KGI why not ? I used to say if 5% of some articles were correct the world would change a lot.Yes it might be too late to act by the time something gets published in the FT News as fact. So we must now sort our finances before we reach that position.

Yes maybe we can post about CNE here.Taken another dive below 200p after finding the gravity at up to 207p too much .. ? GL

Not to do with VPF's GL there-see my posts earlier today on the POG thread...not trying to worry anyone,just to be careful..

re my posts today at POG. I too am getting near a re think..I'm not directly discussing how but the why is in these posts.

well Driving you know OMI has been good. gold miners have had some progress in 2014 but of course that is off the very low base of 2013 where lows since years ago were reached.It seems miners want to begin hedging gold as a safety measure.I am looking towards better Q2,Q3,and Q4 figures in most miners after the large re-jigs made in H2/13.Gold is still hit by shenanigans despite having favourable geopolitics.Of course the sky-high main markets deflect most of the herds' money though they must one day see that these shares are overbought and in risky situations.Interest rates can't be allowed to rise,the debt repayments would break the markets,forget that.Probably more QE then,as slowly the "recovery" will be seen as false and in any case not based on real growth but huge money printing.GL

the opposite of in KGI where I was unlucky-I've made 3 good profits here -never lost,but staying in a good while for 4th good profit hopefully.GL

no idea about CNE which is getting back to 200p a bit offputting after struggling up from the 160s.I thought to re- post one I made elsewhere.The Dow hit a new record last week of 17,000.But for anyone investing in it today,they need about 10% gain to cancel costs and begin making a profit. especially on smaller stakes.So that is 1,700 more needed or 18,700.However if that is reached another newcomer invests looking to make 10% more,they need a further 1,870 making 20,570 required on the Dow.So profits on the main markets are getting harder,riskier and more expensive..hopefully metals and oils can get back in.

wait for a bus and 2 come along quick.JT you are surpassing yourself ! AGQ one of top mining risers but still low down. An unexpected boost,can Prar' keep up the pressure ? Yes Jib is fighting back.JT might catch Prar' all to play for still.Yes this switching lark is very risky as i know too ! See that my OMI is up another 6% today so far,I have always liked that one.Since the last one I liked lol.Some of the golds are turning nicely except PGD so far. Mining IS coming back slowly,with the advantage of looking like a cheap sector for anyone worried about how high the main market is going-see next post.GL.

with such a low MCap £12m or so,this must have a very low p/e ratio.Or if you like the e/p is high,so it is a good cash earner for the small size.Probably a bit ahead of the peleton now lol!

more of that is good !

I posted here more often.Not in KGI for now having taken it elsewhere,anyway.An article in Market Oracle Commodity Bull,or Bear,the Long Term Perspective" is copyright but says the long term situation is a continued commodity bull market though of course recently right down on a minimum level,however the long term charts are just holding a rising level from 1988 despite lows in 1999 and recently.In gold the same holds.though it has "not broken above the medium downtrend".So again it is patience followed by poatience but I don't need to tell anyone here that ! GLA

it is the petropavlovsk thread at lse

most often I post on POG these days if anyone here wants a chat.GL

I'd say that events are moving more for oils/mining now,whose fortunes tend to be linked,as oil goes up usually gold especially and other metals might do better.Yes costs of mining also rise.The general stock market seems destined to go on rising a while but once interest rates go up and inflation which is already rising that will have bigf effects.Maybe including a general shares crash in 2014/15.

Have been busy elsewhere,how could I ignore the exciting events here lol ? Anyway at least CNE has got past 200p.Pity about Jib's MML,that's one I nearly looked at in R/L if I had any free money.Their gold production costs were very low too,so a mystery why that happened.Perhaps just saving money being on that index.I never knew who the judges were lol.... My AGY switching pick has lost half its value another RRR/ATCesque turnaround there ...whioe AVM, thrown out has of course risen ! So- no ambition to switch for now at least...overall it is still anyone's game and thanks again to our book keeper/judge JT ! GL

sorry no free cash to re enter here at least for a while but happy elsewhere and always watching this.GL