Member Info for ngnlnv

Wished I had more disposable right now. lots of bargains about, and I could reduce my overall price here by buying more. Still If my other investment turn good short term I can take the profits and put them in here. This summer lull is a real pain. Best just get the knitting out bide ones time. I think/hope we have bottomed out and are on our way back up and POG too. As wise ones have stated, every day goes by more gold being produced and more cash in the bank.
Elections done and dusted, so no surprises there. Some nice drill results here and CORA will help move us further up.

That's good news, cross that issue off the list. POG is moving up slowly as the dollars has started to pull back under the 96 barrier. Lets hope it continues. There are I understand more trade talks between USA and China on the Thursday so this could be just a glitch depending on those talks.

Any interest will be helpful at the moment, such a dull market right now. Summer time lull.

2 x 50k and a 45k in the last 15 mins.

Thanks for your answers, and my education continues.
The day has not been wasted. Thanks for the detailed explanation OL.

Not of a financial background, so I ask. Is an offer price put to shareholders, or is it up to the board?

POG is climbing back from the low of $1160 TO $1180 and the dollar is slightly pulling back. Lets see what happens when Wall Street opens up in a couple of hours.

As a supporter of HUM, I have to say both positive and negative points of view should be given some merit. To dismiss either out of hand is foolish. If everything was as good as when the sp was 38p then why are the shares not f flying off the shelf? I still believe we will see profit, but I'm not blind to the issues raised.
The phone conference call was not mentioned and Dan was found to be irked again with the question of the BOD not buying more shares. I too thought his answer was weak. all IMO.

oops, Only the P.I.s who bought in for the long ride for what was thought higher profits in years to come would be the real losers. IMO

At the end of the day the management at HUM are not in it for us, but for themselves. Although they may not look like they receive a lot for their shares, I,m sure there would be sweetners on the table for them to help grease the wheels for the takeover, and furthermore many would be given positions within the new owners company. After all it still requires the mine to be run.
So ultimately only the P.I.

The strength of the dollar is hurting the USA and that will be high on the agenda to sort quickly. The liquidity for US dollars globally is suffering because of the high value, so its doubly not in their interest to let it stay high. A short but painful period for gold, but IMO not a sustained one. Sit tight and ride it out.

posts chaps, excellent.
Frustrating times, which we will hopefully all look back on with a big drink in our hands and a big grin on our faces.
Apart from the left field recent loan, which at the end of the day is tiny, nothing has gone wrong with production and output continues. More and more Wonga in the kitty. Drilling going a pace to increase LOM and we all know its there. Cora continue to prove up initial findings, and again we know its there. Nobody leaving HUM in fact more experienced are coming on board and a significant new ii taking a position.
Although the sp is down, I personally can't see how the reversal won't be huge when it is. Would I liked to have bought in at this level? You bet, but am I selling? No way. Its only a loss if you sell.
Ride it out, and scream if you want to go faster.

Yes there seems to be a strong correlation between the POG and the $. Its an easy go to insight in to which way POG is likely to go. Not the only indicator. As I said though, the $ at the moment is being manipulated by China, therefore so is the POG, to their advantage.

$7 drop and then $7 gain in 1 hour today.

The trade war is doing us no favours, as China is controlling both the dollar and the POG. It is in their interest to keep the dollar strong and the POG low.so they can continue to export and buy up the cheap gold which they have been and are stock piling. That is part of their strategy to have the yuan become the world currency, backed by gold. Part of that strategy has been realised by now buying oil in yuan and not dollars. Russia too is following a similar route.
IMO DYOR.

LOL

Thanks Whale, not on here so picked up something had happened via twitter.
Great news.

Wouldn't it be handy if there was some way of seeing if the trades where people topping up, or new investors.
My point being as the story gets out about SYM having the solution for the plastic waste problem the growth in new investors would prove the story is getting out there.

I think the problem is, if there is a compelling case, and as an investor I hope there is, but we have not been given any insight as to whether it is or not. So everybody scrambles for information and turns up historic stories/data, which may or may not be relevant going forward.
The sooner this is communicated, the better for all concerned.

Chocolate gold coins. I'm in;-)