Member Info for ngnlnv

Could have wrote that myself Harry, I used to say for gods sake don't give me any more good news, my PF cant stand the hit.

Anything is possible. Probable is a different matter. I hope you are right, but more than happy just to stay above $1500. Everything else is a bonus. For what its worth I think world politics and economics are certainly helping gold in to a higher predicted price. The powers that be are fighting desperately to not have another economic crash but imo failing miserably. More a matter of when not if. HUM has had issues but the rhetoric would suggest they have learned the hard lessons and have come through for the better. They are looking way more attractive now then when I paid considerably more, so those that have come aboard of late should do very nicely. I will have a drink when I surpass my buy in price and then hold for the £1 party.

Yeah you will have to get new sandwiches for the £1 party those ones you got will be all curled up at the edges now;-)

Thanks Korg, figured they where buys but not on level two so had to throw it out there. Not a bad week, and hopefully the start of a rise back to the 30s where I and many lth bought in when it was a mud field.

Thanks PG appreciated.

Can someone confirm whether the unknowns are buys or sells on LSE. I am of the mind they are all buys looking at the price of previous sales.

Just spiked at $1513 up ten dollars on the day. Back in clover and now out the wet season and both mills should be in full operation and good grades still going through. Bit like me self all looking good;-)

What a load of rollocks. Nothing to do with HUM and how many people have in-laws that are less than perfect shall we say. Moving on.

Gold continues to drift sideways. LBMA consensus sees $23 silver in 2020.
(USAGOLD – 10/18/2019) – Gold continued to drift sideways this morning with not much in the way of news to move it one direction or the other. It is trading at $1493 and level on the day after falling to the $1486 level overnight. Silver is up 5¢ at $17.60 after falling to near $17.40 in overseas trading. The LBMA (London Bullion Market Association) wrapped up its annual meeting in Shenzen, China earlier this week and released its annual consensus forecast on precious metals prices for the upcoming year. Last year, the average prediction from the industry’s biggest players (banks, refiners, traders, miners, etc.) was pretty much on the money, so this year’s estimates will likely be weighed with a greater degree of interest than usual.
–– For gold, the membership predicts $1658 on the average – a more than 11% gain from current pricing should it materialize.
–– For silver, the predicted outcome is even better – $23 or 31% over current pricing. That would put the gold-silver ratio at 72 to one – down considerably from the current ratio of 85 to one.
Let’s hope that the LBMA proves itself to be as accurate in 2020 as it was in 2019.

I am guessing, but stock piling a significant amount of ore for the rainy season would have an impact on AISC. A good decision to plan ahead imo to mitigate any issues. It will then see AISC come down in Q4, AND Q1 then start to slowly rise for Q2 and peak in Q3 as a yearly cycle. So AISC for a quarter will fluctuate and the AISC for the year will be an averaged out figure. Or am I totally wrong? Always happy to learn, and constantly do.

;-)

Looks good today, only a 3% drop for no reason other than they can.

Nickel at $17,996 and what you can see here is stock piling of a resource that is in big demand and going to get scarcer, Bodes well for HZM and those invested.

Sign me up.
Dohhh you mentioned that cursed price.

You and me both GL

Great article and lets hope a glimpse of the future. 74p will do, but Im holding out for the £1 party.
Maybe we could have a 74p and dividend party prior to the £1 party?

Well I for one am worried when I buy in at a certain price and I am down over 50%. Only a loss if I sell but there comes a point when you believe you have held out long enough. Not there yet but time is ticking.

Glad Jonathan is staying on as well. The dynamic duo. Great news for both companies.

Good point 3.14 but China has its own massive market to sell to and their EV market is streets ahead in numbers. The way they are forging ahead IMO if we don't get forward momentum soon our Tec may well be surpassed. This is a side bet for me so not to heavily in, but I question how long I can leave my money in and see it slowly disappear.

Never went away in the Harz mountains.