Member Info for mrtibbles

There may be some on here that are deluded, most probably those with short positions!

Sotolo you will send yourself silly worrying about if and when the POG will drop and if it does how low will it go before it stops, the world is going through unprecedented times and despite all the charts and experts opinions, nothing is certain one way or the other.
The POG will be wherever it is at any particular time and our opinions will sometimes be right, or sometimes wrong, but they will make not a jot of difference one way or the other, forget the gold price, instead take some consolation in that we now have a very capable CEO with a very credible strategy and the drive and determination to see his plans through, not to mention confirming a very respectable dividend!

Martin Horgan has quickly identified that Sukari has been lacking competent management for far too long, unfortunately a case of jobs for the family rather than jobs for those most capable and suitably qualified!

Well my answer to those posters : “I don't want to talk to you no more, you empty-headed animal-food-trough wiper. I fart in your general direction. Your mother was a hamster, and your father smelt of elderberries.”
https://www.youtube.com/watch?v=BvJF0j-RLxk

Quite so Mr Bond, it.s amazing how those that have never contributed to the board in any way pop up at times to try and sow the seeds of doubt amongst holders!

Well Glynbristal perhaps Centamin is not for you, you could have a look at Endeavour , might suit you better?

Kinesis is a fully bullion backed crypto currency, the debit card has now been approved in the USA so people will be able to invest in gold via a crypto currency which pays interest to on clients bullion and on spend!

https://www.kitco.com/news/video/show/Market-Analysis/3115/2020-11-30/Dont-expect-Santa-Claus-rally-into-the-New-Year---Gareth-Soloway#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DMarket-Analysis

Quite so Downhill,
I'm afraid I was being somewhat flippant!

https://www.artisanalgold.org/tag/burkina-faso/
Artisanal and small-scale gold mining often uses rudimentary technology, requires physically demanding dangerous labour and is routinely undertaken by marginalized communities in an informal setting. In Burkina Faso, approximately 20-30% of those working on mine sites are women, where they carry out various tasks such as crushing ore, collecting water.
Burkina Faso has an artisanal and small-scale gold mining (ASGM) sector that directly employs over 430,000 people and indirectly supports six times as many people via the secondary economy created by the sector. The economic support provided by ASGM and the skills diversification that it provides agrarian workers

So what was Pardey messing about at, it seems there are plenty of workers available to get the gold out rather than just sitting on it!

Nails on the head Mr Bond, Nails on the head!

Thank you for the tip Mark,

Hi Tiger,
A really excellent summing up of the present situation which has come about because of markets hyped up on "Trumpopia" and fuelled by leverage (debt), now they daren't slow down the merry-go-round because so many will come a cropper!

But then Trump and his family appear to be cracked in the head, and one son is a white hunter!

Defensive shares, what are they, thinking back ten years or so ago I had shares that were worth £14 and now they are 35p. Standard Chartered £21 now £4.63. BP £7.00 now £2.63 , i could go on but it would get boring!
So I shall stick with Centamin!

Sotolo,
If I am being frank with Pardey at the helm Centamin has spent far too much money and time drilling holes all over West Africa and when it has found something after putting out an RNS just sat on them them, as a share holder I am not interested in sitting on unexploited reserves, so three options Centamin mines them now, sub contracts the job or sells the reserves and returns the value to share holders.
I think we are fortunate in having Martin Horgan who wants to do what Centamin does properly in Eygpt with Sukari being the established hub.

Sotolo this is a temporary set back for Sukari, Centmin will not go out of business even if the AISC rises for a while, just listen again to the CEO's statement on the last conference call , Centamin has a cash pile and the new CEO is keen to realise the value of all the unexploited assets and deliver actual share holder value.
World debt is rapidly rising and its understandable that the US is in a state of Biden euphoria having voted out the narcissistic tweeting lunatic with an itchy finger on the red button in the White House and the Wall Street cartel is making the most of the situation by pumping the equities and spanking gold .
But the reality is just like the trading off the equity book, the same is going on with central banks buying gold bullion under the radar for actual delivery for which there is over a 3 months backlog of orders and growing in the Swiss refineries.
Biden has some task ahead of him and the fed will have to turn up the printing presses, good for gold.
The UK is also in a dire situation with an ex game show host in No 10, a cabinet of incompitant self serving clowns presiding over spiralling government borrowing, future austerity measures and no credible Brexit deal.
So whilst your waiting for Dec 02nd why not go and check your house building plans?

Come on Sotolo you are sounding like f "Jobe's comforter", Centamin has a five year Pardey pile of spoil which the new CEO intends to clear away and and initiate ongoing waste stripping to ensure long term easier access to the higher grades, this along with other production method changes and economies will reduce the AISC!
Look forward to 02nd Dec!

Agreed Jef, they shuld have taken Trumps phone away from him, he never understood how a president should conduct themselves properly , lets hope Biden has a bit more decorum about him!

Just after the US starts to open up then , they like to spank the POG on most Friday afternoons!
Well we shall have to see then how things pan out under Biden, but as already said without control of both houses his hands are tied somewhat and the Fed has already stated no interest hikes till after 2024.