We would love to hear your thoughts about our site and services, please take our survey here.
Well, you've got your dip Roy, sooner than expected I reckon.
I'm still in but only just - moved about 3/4 of my holding into uranium a year or so ago.
So much for gold being a safe haven, the majority of golodies are down since the invasion.
Drilling results at Libero's Big Bulk Property
· On 4 January 2022, Libero announced assay results for the five hole, 1,743 metres drill programme at its Big Bulk porphyry copper property in British Columbia
Re RNS You would think SP Angel or whoever was responsible for drafting the RNS would know the difference between British Columbia and Columbia - a sacking offence imo
Now down 50% on the company's latest 16p placing. This will be a test for Eric & Luke since they unloaded some 5 million shares at 13.2p last March. They can now buy the shares back at a c.35% discount. That would be a far better way of showing their confidence in SHG than anything they can say in their interviews and jam tomorrow promises.
Looks as if the vastly inflated stock market bubble has finally burst (and Putin has yet to invade the Ukraine!) .It will drag MTL down with it so we still have farther to fall before a bounce back in a few weeks or months. Batten down the hatches boys & girls.
And less than a 1% sp rise, it just goes to show how out of favour gold is in the markets these days, Our turn will come, only patience is needed
Certainly hasn't done the sp any harm. Shouldn't we have had a confirmatory RNS on this as it's obviously a positive development and materially affects the company's prospects?
Minus 10.61%, What on earth has happened. Has Bert fallen down a drill hole?!
Should see more blue skies tomorrow, then!
Rightly or wrongly, I have got the impression over the years that MTL is a fairly leaky ship, so this rise on no news could be an augury for good news on Friday (Mr Bowden's favourite day for releasing such).
Last train to San Fernando, last train to San Fernando
If you miss the one, you'll never get another one
Bee-dee-dee-dee-bom-bom to San Fernando.
The same applies here - get your skates on boys and girls.
Very sagacious of you Sagacity. I must stop selling and start buying again ;o)
Lee, I hasten to add that I have not sold out completely, far from it. Having seen too many shares that I have turned my back on go on the be ten-baggers, I've only top-sliced about 1/3rd of my holding (so far), but as you say my last few sales will probably have been at the bottom rung. I'll still be celebrating with you in 3 years time when we hit 10p, but I'm hoping my uranium shares will have done even better by then. Aw the best.
I thought a break through of the $1800 resistance barrier would be the only thing to stop this relentless drift down in our sp. We have 2 months to wait before Q2 results and yet we look set for another red day. Sorry Lee, but I'm gradually selling out to move on to more positive stocks. Hope your faith is rewarded as I'm sure it will be in the LONG run.
The poor lamb, I hear he's going to have to squat in the luxury two-storey tree-house his brother built for the kids ;0)
Carefree - With respect I don't think the risk of being accused of insider dealing is preventing our CEO from investing in the company. Insider dealing (as illustrated by those sells of 6M, 5.25M and several 1M shares on the eve of what was to my mind a disappointing RNS) is carried out every day on AIM and nothing is done about it because the market is virtually unregulated. The lack of directors investment in MTL is a big red flag IMO. Perhaps it's time to move on Incidentally, no one seems to know what those 'Registration of Change' notices referred to - pity.
ShinFalls
The MTL website is over 2 years out of date - you would think they could spare a few shekels to bring it up to date especially since the refinancing and with regard to its main shareholders then we'd have a better idea of Ruffer's holding, if any.
In the heady bullish days of last summer these grades would have sent the sp rocketing, it just shows how much sentiment is against gold at the moment.
Wonder why The Economy Forecast Agency is so negative on the POG. It's prediction of $1404/oz for October certainly counterbalances some of the over-optimistic targets that have been posted here. Mind you, the way things are going they could be right ;o(