Member Info for nimrod22

Goldman Sachs have upgraded their forecast to $3,700 for Gold. Third upgrade this year from them.

Jw330. Resolute Mining is not the best example its down 10% over the last 12 months. The share price dropped more than 50% in November when the Mali government demanded more tax.

Goldman Sachs upgrades gold forecast again to $3,700

This represents the third time that Goldman upped its forecast for gold this year --…

Into Copper mining: -

https://www.mining.com/one-of-the-strangest-chapters-in-copper-mining-is-drawing-to-a-close/

First Quantum Minerals Ltd FM:TOR the Canadian miner on the Toronto stock exchange will jump when their mone in Panama reopens. Presently at an over sold position on the RSI graph.

Will be a lot of Gold share action tomorrow. My Canadian Gold shares have all taken off since the UK market has closed, and the GDX.US Vaneck Gold Miners Etf Share Price has just risen 7.23%.

Bounced hard off the RSI oversold line as it always does

A perfect oportunity to start a buying spree, drip feeding in to catch the bottom price.

Wouldn't worry about the Trump tariff drop, SRB don't sell cars, but only dig up something worth more than cash. The reasons for Gold's price rise remain and will become stronger as the world order is changing.

Https://www.mining.com/gold-price-retreats-from-record-as-it-joins-market-selloff-triggered-by-tariffs/

Tariffs on Gold entering USA.

Last three years has provided a share price rise of 256% increase

Doesn't appear to be very nimble when changes in holdings are required, looks as if its going to be a repeat of Oct 21 to Oct 23.

Https://www.mining.com/web/gold-mid-tiers-q4-2024-fundamentals/

Who look at the Canadian miners as well as SRB, I mentioned First Quantum on 5th March, up 25% since then, and they will go another 50% when the Panamaining mine is up and running again.

https://www.mining.com/panama-asks-first-quantum-to-end-legal-proceedings/

Also worth looking at the Bismuth miners as China has squeezed the exports of it, Bismuth prices have surged in the European spot market, reaching record highs of around $40 per pound, a six-fold increase from $6 per pound in late January, due to China's export curbs. Take a looksee at 5N Plus Inc. on Toronto market VNP.TO.

Last but not least Almonty Industries AII.TO a Tungsten producer which is going to shift its registration from Canada to USA, up 288% in a year.

Assume that as the share price is holding up fairly well despite all the sells shown that there are buys not yet indicated.

Up 8.6% in a week and 18.4% in a month

There are some 44 Silver miners in Canada I've listed some below. You may buy them inside a UK stocks and shares ISA paying for them in Pounds. If you haven't already you would have to fill out a W-8BEN form so as to avoid the Canadian taxes. You're broker will prompt you to fill it out online. Some are listed in Toronto others in Vancouver. The Pound is strong at the moment so fairly good values to be had with a little bit of research.

Pan American Silver Corp. PAAS.TO

Fortuna Silver Mines Inc. FVI.TO

MAG Silver Corp. MAG.TO

Endeavour Silver Corp. EDR.TO

Silvercorp Metals Inc. SVM.TO

GoGold Resources Inc. GGD.TO

Mandalay Resources Corp. MND.TO

Andean American Gold AAG.V

Southern Silver Exploration SSV.V

Chesapeake Gold Corp. CKG.V

Bear Creek Mining Corp. BCM.V

IMPACT Silver Corp. IPT.V

Teuton Resources Corp. TUO.V

Abcourt Mines Inc. ABI.V

Silver Bear Resources Plc SBR.TO

Rockhaven Resources Ltd. RK.V

Salazar Resources Limited SRL.V

Excellon Resources Inc. EXN.TO

Minco Silver Corp. MSV.TO

Starcore International Mines SAM.TO

Golden Arrow Resources GRG:CVE

Castle Resources Inc. CRI.V

Sego Resources Inc. SGZ.V

Https://www.mining.com/web/a-bubble-in-gold-hardly/

UBS Group lifts gold price target to $3,200.

BNP Paribas forecasts gold prices will rise above $3,100 an ounce in the second quarter of 2025.

Macquarie Group predicting the precious metal will touch $3,500 in the third quarter.

Goldman Sachs has outlook on gold, raising its price target to $3100/oz for the second quarter of 2025.

The RNS of 13th January indicates a very low AISC of just $800 to $1,000 whereas in THX operations, whereas the "The regional average AISC for Africa in Q3’24 was US$1,532/oz, up 4% q/q and 14% y/y.

In Oceania, the regional average AISC rose 10% q/q and 15% y/y to US$1,464/oz.

The Q3’24 regional average AISC for South America increased by 6% q/q and 14% y/y to US$1,197/oz.

In North America, Q3’24 heralded mixed fortunes for operations. The regional average AISC remained virtually flat quarter-on-quarter at US$1,508/oz.)