Member Info for nimrod22

Https://www.mining.com/web/gold-stock-valuation-anomaly/

That don't have subscription to the FT it maybe worth reading Gillian Tetts article in this weekend edition, at WH Smiths.

"Scott Bessent, the hedgie-turned-US Treasury secretary, are speculating about a revaluation of America’s gold stocks.

Currently, these are valued at just $42 an ounce in national accounts." “Gold is likely to be a key pivot [for] the new system the Trump administration is clearly trying to engineer,”

Https://www.mining.com/web/chinas-central-bank-buys-more-gold-as-prices-hit-record/

On stockped.. the P/E is given as 5.3 on a forward 12 months rolling forecast. In another section re P/Es it indicates the following for financial years ending in June.

2024 yr 12.4

2025 estimate 6.73.

2026 estimate 4.69.

I guess we will have to wait and see. SP forecast Target: £0.45 (9.49% above Price). Which ever way you look at it PAF is going great.

Https://www.mining.com/web/russians-hunt-to-shield-savings-pushes-gold-purchases-to-record/

To diss SRB which is one of my favourite shares, but while Gold is running hot (nobody knows how long) and to spread risk its worth looking at Canadian Gold miners. I have 10 of them; the best performers over the last seven months have been Alamos AGI:TO, ORA:TO, EQX.TO, AAUC.TO. For those that may not be familiar with buying foreign shares, you may buy inside the ISA wrap but when selling the funds they are exchanged back into pounds. Another aspect is that many of the Gold miners are in a likely position of being take over targets. The Gold world is on a roll at the moment, but hopefully gravity will not set in to soon.

Management has bought 3,350,481 shares since 2007.

There's been a share price rise of 167% over 12 months, and 383% over 2 years and is still at a fwd P/E of 3.

Https://www.mining.com/web/london-gold-market-queues-up-to-borrow-central-bank-gold-after-big-shipments-to-us/

Hedge Funds Boost Bullish Gold Wagers to Highest Since October. By Yvonne Yue Li, Bloomberg. Hedge funds and other large speculators increased net-long positions by 10% to 234,358 contracts for the week ended Jan. 21.

Https://www.mining.com/web/gold-miners-best-quarter-ever/

Of very low P/E, increasing operating margin, cash flow, EPS, etc appears unstopable at the moment barring events....

Has just moved into the oversold zone on the RSI

Back in at £1.938, should bounce up from here.

Can guarantee that it will yoyo, BUT I'm banking on the trend is your friend, and for 18 months its been an upward diagonal. Six brokers have it as a strong buy (though that could be a curse!) and expec to rise another 15%.

Guess the guys with the short position were the big "unkown" transactions and have taken up painting by numbers or other therapy to ease the pain. I don't have strong views either way as to PAF's movement, but its certainly on a roll. Good luck to all including the shorters.

Read somewher back in early December about YU and didn't act, and then noticed fairly consistant share price rises. I'd assumed that I had missed the boat, so todays correction opportunity (on comparativly good news) was welcome.

Very good buying in oportunity for long term growth.

Had shares in THS several times in the past, and have never understood why the shareprice should not be higher. Plenty of profits, a divi, and a resonable political climate to operate in. I do see a trade opportunity in following the shareprice ups and downs which appear rhythmic/sinewave to about 8 or 9 percent; now at another dip.

Pan African Resources PLC PAFRY:QXE OTC (over the counter) Markets Group Inc - International Premier QX United States. Closed at $8.61 on Friday.

Pan African Resources PLC PAN:JNB Johannesburg.

Pan African Resources PLC PAF:LSE London Stock Exchange United Kingdom

Pan African Resources PLC RTZ:BER Berlin Stock Exchange Germany

Pan African Resources PLC RTZ:STU Stuttgart Stock Exchange Germany

Pan African Resources PLC PAFR:DEU German Composite Germany

Pan African Resources PLC RTZ:FRA German Stock Exchange Germany

Pan African Resources PLC PAFRF:QXE OTC Markets Group Inc - International Premier QX United States

Pan African Resources PLC PAFRY:QXE OTC Markets Group Inc - International Premier QX United States

Pan African Resources PLC RTZ:MUN Munich Stock Exchange Germany

Pan African Resources PLC RTZ:DUS Dusseldorf Stock Exchange Germany