Member Info for mrtibbles

Hi Mr Gnome,
To be fair anyone who actually has anything to do with Andrew on a more personal or face to face basis soon appreciate he is a very decent chap, he does try not to talk above ordinary people's understanding of what is happening in the markets in these broadcasts, difficult though considering what goes on by the second over the week and how much control the manipulators actually have!

Hi Mr Gnome,
Kees Dekker has always been of the same opinion that Sukari encompasses many different area's of potential gold reserves.
As we are now well aware the type of coordinated and strategically planned type of working between the CEO the mine general manger you mention was certainly lacking in the past, Pardey was out of his depth and Youssef was mine manager in name only, both were unfit foe post!

They are taliking rubbish as you are aware, they either don't iunderstand the licence or dont care to!

n this special edition of Live from the Vault, Andrew Maguire is joined by renowned economist and author of the Gloom, Boom & Doom report, Marc Faber AKA Dr Doom.
Both the precious metals expert and economist offer their take on gold and silver within today’s economic landscape, and Marc Faber shares the percentage of precious metals that will make up his portfolio for the rest of his life.
With a track record of foreseeing economic disaster, Marc Faber takes us on a deep dive into the inflationary impact of endless US money printing. The life-long investor also offers an intriguing overview of the current state of the stock market and reveals the areas where he believes today’s greatest investment opportunities reside.

The opinions expressed in this video of Andrew Maguire and any guest, do not purport to reflect the official policy or position of Kinesis.
https://www.youtube.com/watch?v=flKYHa4Gy_c

Don't know how long you have held this share but the long term holders will remember it was at more than this when the POG was lower, stage four was still being built , the CAPEX had yet to be repaid, profit share was way down the road and dividends were a dream for the future!
Then there were a couple of revolutions , explosive and fuel shortages, allegations of corruption and an invalid Sukari license regarding original 160sq km initial area, withdrawal of agreed fuel subsidy putting up operational costs and barely a thought of a solar plan t ant time soon !
So consider now, a mine still producing 430, 000 ozs at near $1800 POG with other concessions close by granted, West African reserves confirmed, yet to be exploited or sold . $300 million in reserve, no hedging , the allegation's made in court face admitted to be groundless by ex politician making them,the Sukarii license enshrined in law , solar power coming on stream soon, new CEO with a credible strategy to safeguard and stabilise future Sukari production at around 500,000 ozs at potentially higher gold prices.
The rest of the market may drop, although common sense rather than market mentality suggests that there is no justification for the present share price let alone ant further drop.
I dare say some some will consult the charts or whatever other predictive methods that use to try and state otherwise but that is there prerogative.
Sukari production is being restored and with it AISC costs will fall, but perhaps more importantly and what will help the future share price is the restoration by Martin Horgan's strategy of market and investor confidence in the running of the company for the future!

He makes some fair observations about Afghanistan, but then why didn't the US & allies keep closer tabs on the corruption and personal packet lining that that has been the normal way of things from the president down in the supposedly democratic government.
Once again the UK government was treated like a lapdog by the US and treated like a lackey, billions of pounds spent that could have been better spent on UK public /social services and NHS, how many dead injured and maimed army personnel and for what now?
It was widely known that the US was sending aluminium suitcases packed full of dollars by air freight to the new Afgan government, yet the army and ploice were not being paid on time or properly.
Military equipment was being openly stolen and sold to military in the market places, yet nothing was done about it.
The US has behaved exactly as it has done in every other conflict zone, it goes in heavy handed with it's gullible allies thinks it has won the war, throws loads of dollars at the newly installed government but fails to carry out any due diligence on how the dollars are spent and then one day decides to pull out thinking the job is done!
It is a shame for the ordinary Afghan people but what has happened was inevitable !

Most of Powell’s most revealing conversations took place with Democratic mega-donor Jeffrey Leeds. In one August 2014 email, Powell expressed anxiety over the US slipping into long-term military action against ISIS.

“What worries me is the [president] slipping into a war the American people care nothing about and we don’t have a good enough understanding,” Powell wrote. “He need to have Kerry, Hagel, Dempsey, Susan and others shut up until he has decided on a policy.
Their statements have been loose, undisciplined, hyperbolic and confused. For us to think we are at a high risk because a few of these clowns may get here is absurd.
We spent $100m on 100 air missions blowing up maybe 100 trucks and tanks that were ours. ISIS is still there.”
https://www.buzzfeednews.com/article/andrewkaczynski/personal-emails-show-colin-powells-pessimism-on-isis-policy

As Goldman Sachs diversifies its retail investor franchise to consumers and the merely affluent, it is losing more advisors in its flagship “private wealth” unit business for multi-millionaires.The New York City team of Brian Zakrocki and Joseph Wladyka began garden leaves last week after agreeing to join First Republic Bank’s private wealth team, according to a person familiar with the move.
The pair, who spent their entire 17- and 16-year careers at Goldman and are moving with four associates, generated $16.5 million of fees last year on about $4 billion of client assets, according to a person familiar with their books.
https://www.advisorhub.com/goldman-loses-two-teams-generating-32-5-mln-to-ubs-first-republic/
https://www.livemint.com/market/commodities/gold-investors-warned-by-ubs-get-out-before-prices-go-down-further-11629108504660.html

5 things to know about Biden's plan to roll out COVID boosters this fall
If the FDA agrees, COVID vaccine boosters would begin rolling out in September.
he FDA and CDC have said previously that booster shots for broader populations aren't needed yet. But Dr. Anthony Fauci, the top medical adviser to President Joe Biden, has called the possibility inevitable because of the likelihood that protection would diminish over time.
https://abcnews.go.com/Politics/things-bidens-plan-roll-covid-boosters-fall/story?id=79502123

https://nypost.com/2021/08/17/covid-booster-shots-to-roll-out-in-big-apple-as-soon-as-next-month/

Sea container transport costs
The Baltic Dry Index jumped 3% to 3,606 on Monday, its highest level since mid-2010 and extending gains for a fifth straight session, amid improving demand and ongoing concerns about congestion in Chinese ports. The capesize index, which tracks iron ore and coal cargos of 150,000-tonnes advanced 5.3% to 4,852, a peak since May 11th; and the panamax index which tracks cargoes of about 60,000 to 70,000 tonnes of coal and grains, increased 1% to its highest since June 20 at 3,584. Among smaller vessels, the supramax index rose about 40 points to a fresh all-time high of 3,119. source: Baltic Exchange
https://www.marinevesseltraffic.com/1998/01/baltic-dry-index-bdi.html

It's not the price of the materia;s or products that has incresed by so much the associated costs of transporting the products.
So what does the stupid UK government do close the doors, or make it virtually impossible to export and import from 200 miles away (EU) 1 day to UK in favour of trade deals with countries 9000 miles away dependant on airfreight with the increased cost and carbon foortprint, or useing container ships which are in short supply, take many wieks to arrive and are 8-10 x more expensive to hire than they were previously

Talking to a neighbor this morning his builder told him they are unable to continue at pressent because some materials in the UK are in short supply because the government has commandeered huge ammounts of building matarials in advance for HS2.

As we are aware the Robots are already driving the markets direction direction , but they are increasingly deployed on the battle field!
https://www.bbc.co.uk/programmes/w3ct1jg4
Are these the future of modern warfare and how concerned should we be? There are efforts to limit the development of these weapons. More than 50 nations met at the UN in Geneva this month to discuss a possible treaty. But neither Russia nor the United States have expressed any willingness to support the treaty. Ed Butler speaks to Professor Noel Sharkey who's been campaigning against the development of these weapons for 14 years and asked him how close any type of agreement was. Evanna Hu, CEO of AI firm, Omelas, and a senior fellow at the Atlantic Council in Washington, says this technology is now at the forefront of many countries' weapons development. And George Rey is a retired Lieutenant Commander in the US navy. He now works with private sector defence contractors supporting the development of autonomous weapons systems for the department of defence.

Hi Mr Gnome,
I agree it seems as though they prefer to invest in the "Hype" of something that does'nt actually exist possibly never will, although those that run the markets don't care as long as it keeps the markets fluid, they will pump anything or ideed "a might be" up as long as long the punters keep buying into the dream (many on leverage (CFD's) until it starts to become apparent the dream has no substance, but by then the shorters will have taken their positions and the brokers advised their clients to sell and the market will make make lot's of dosh as the dream fades away at an amazing pace taking those that did'nt get out and their money with it!
But never mind by then there will be some rumours of more "Pie in the sky" or "Pink elephants" starting to emerge in the mainstream and on social media with a chance to get in before the price really takes off !
Possibly then if the manipultaion of the P.M using paper is going to be more diffcult after Basel 3 and considering that P.M. dont seem to have the same attraction to a newer genration of "Cloud" investors / traders then this buying into the "Dream" will be where the market manipultators can make their money?
In some way's we Centamin investors have been sold the dream of "record guidance" next quarter, "Good times coming" (Oops sorry, next time,"Oh bugger unexpexted low grades,"Oh dear forgot to sweep up the open pit crap" ) by the prevous management.
But that said our dream can becaome a reality now we have a manegement who are capable and intent on delivering on what has always been promised, just unfortunate it's a decade late!
But there you go, at least there is some reality , or substance to our dream!

Great to hear your opinion Marmot!

Andrew Maguire exposes the insider manipulation behind Monday’s counter intuitive gold and silver crash, which saw the gold price driven $90 lower.
The precious metals expert explores the connection between Basel III and the orchestrated price move, and declares the stage now set for gold and silver to rally.

00:00 Start
01:00 Monday’s orchestrated gold and silver smash explained
10:09 Gold and silver set up for rally
12:23 Basel III connected to gold and silver smash
15:28 Short medium and long term outlook for gold and silver
25.50 Basel IV - 2023 - What can we expect?
https://www.youtube.com/watch?v=aTczMyGSS5c

Kees agrees with you Mr Gnome!

I agree with the sentiments of “Gnome”. some investors have made an excellent return on GT Gold five-folding their money within 6 months!
However it was wise to sell out when diamond drilling of the Saddle South area showed the gold to be present in narrow, inconsistent deposits.
Also when Cu-Au porphyry was discovered at Saddle North it was too low grade and too deep.
I never understood Newmont paying so much for it?
They must either be tremendously bullish about copper, or take a very long view?

Thank you Mr Zambianminer, your comments and contributions are always welcome and appreciated.

Shorting should be banned, it certainly undermines investment, but then the market loves volatility because it creates lots of panic trading and lots of commissions , most brokers aren't interested clients long term wealth creation , only haw may time they can take trading commissions from their clients!
It's not allowed to borrow someones car/house sell it and then buy it back to return to the original owner, yet this practice is allowed by the banks who don't even charge interest on the loans/leverage for the first 24hr period, neither is any stamp duty payable!

Hi Market,
Fantastic to hear from you , it would be hard for anyone to disagree with your statement, especially considering your previous professional market experience and indeed your time in Centamin!
Far too much self serving family interests,nepotism and over promotion of unsuitable and inadequately qualified supposed professionals with too much glossing over the true facts, this with general lack of integrity to share holders on the part of some has resulted in Centamin scraping it's ar(se along the bottom of the bargain bucket instead of achieving its full potential and being up with the stars!
A farcical court case based on politically driven admitted lies and innuendo by a now exiled felon against Centamins partner EMRA stuck in limbo for a decade by a "Mad Hatters" legal system has provided an excuse to cast doubt over the validity the Sukari concession agreement resulting in a 20% reduction on the Centamins share price (market cap), then there is an outstanding $20 million or so fuel duty subsidy owed to Centamin as part of the original agreement which the government would need to pay back in agreed instalments, possibly via some reduced profit share, assuming some agreement is ever reached that is!
But at least with Martin Horgan as CEO sit seems many of the cans that have been kicked down the dusty road for so long are being picked up and dealt with at last and there is the professional ability and intention to deliver on the promises made so long ago to the so very patient shareholders!

Keep well Market!

Well thats good news for you Sotolo, at least your trends are optimistic, shame about the share price though, still as long as the trend is your friend, but is it thats the question?

apologies, I misheard the news report it was 84p, still not the 88p it was last time I bought euro's though!
I wonder how long before parity occours, possibly not too long the pound is only being propped up by the City manipulation.