I agree Rebess but those ba*****s have mostly gone ,the only suspect left could plead ignorance and good links within EMRA. I would think he has been sidelined now. I do not expect December announcement to alter much as long as it is not negative. January and onwards is more likely possitive with probable improvement in AU price. Basel repercussions.
RE: Where are we in the cycle - Dalio24 Oct 2021 08:25
Thanks Goldgnome. Those figure clearly show inflation on a grand scale of Fiat currency especially the $. But with some dodgy statisticians massaging reported inflation figures the real loss of buying power,,everything continues ,the working classes take the brunt.
RE: Hold dividend paying gold miners23 Oct 2021 16:05
Interesting Tony. But like the other "Experts ?" Speculation. The market hangs on the FED speak, like a child on a dark stormy Halloween night hangs on to its parents hand. Who do you believe when each fresh news item sends the market into panic.,
Yes Razors,they try to keep it down Fridays. But earlier the US debt figure announced earlier of $2.77 Tillion plus with Bidens infrastructure plans temporarily on hold beats the record ,so looks rosy for gold ,remembering of course time is running out until Basel 3 final date ,end of December. Good weekend all.
RE: Shalateen's (Egypt) Concessions Now Up For Grabs!20 Oct 2021 20:51
From memory and research well over a year ago. The mineralisation of that area to the south on the border of Sudan,is nothing like Sukari . They originally tried to sell it after claiming an incredible new find of gold reserves . The Militaries Pension fund had an investment in it. Difficult to find the figures ! It did not make much profit and Gold was not it's primary resource. Many semi precious minerals and such. The new resour was questionable and there was much ,shall we say secrecy. I do not think Centamin will be interested. Sawaris made an offer that was refused then walked away. Not without reason. IMHO.
RE: Corruption - Is An Audit Of Burkina Faso's Mining Sector Imminent?20 Oct 2021 17:13
Don if only they had to pay a tiny fraction for their past sins. The Shareholders ,yes. But the Boards and their type ,are able to pocket their remuneration and walk away shrugging their shoulders ,waiting for another deal to appear ,rinse and repeat but never acknowledge their culpability, unfortunately.
Miner Centamin signs 3 Exploration agreements20 Oct 2021 07:47
in areas totaling 3 Kms sq, Nugrus Block. Najd Block. UmRus Block. https://enterprise.press AM Edition, this morning. For those blocks already in the current licence ,no new agreement to process the material is needed. Hence rapid recovery if good worthwhile prospects are,or have been already found. Which may give a boost to input of extra good grade material. I would think they know that area very well. Good day all.
Yes I suspect a more rapid recovery of production than previously reported including drilling result for the rest of the Sukari Tenament as well as the new prospects. Having read the strict conditions of Capitols contract I would expect them to throw all their equipment at the tasks in hand. Their future contracts is on the line not just with Centamin but all fresh prospectors especially in Egypt. IMHO.
Broker ratings give no timeline. From what I have observed over the years is many are simply pedicting with no reasons. At this moment in time ,"The new World" , it is almost impossible to predict what news comes tomorrow let alone in future. As has been said throw the rule book out, the irrational market moves control the market prices . The market is only interested in self preservation, fundamentals of companies no longer of major importance nor are chart which give only history in normal times, if indeed those times were normal, ;-). If the need is to cover potential losses on Casino plays they will liquidate everything to cover themselves. To much credit in the market causes panic moves . IMO.
RE: Market Traders to blme for energy price spikes!06 Oct 2021 19:54
How commentators can blame Russians ,who no angels though, Is beyond me. When the European Commission drags its heels in allowing Nord Stream 2 from pumping gas. The Commission are IMHO controlled by the US. Sorry off topic, but important.
As you refer to Sotolos post, and post yourself in a very similar style your question should be addressed to that person. Or perhaps you already know the answers to your questions ? I will not give you any response to the questions.