Member Info for nimrod22

is that the SP will probably take a beating, not because JLP is not making money, or has not an investment plan going ahead, but because the cash in the hand that many are looking for is not immediately there. So its down to whatever investment strategy folks have as to wait for longer term gain or bail.

on the dips. SP has been rerated by two large banks. Just go with the flow.......

Looks as if the energy side of BERI will rising even further. "Hedge fund manager Pierre Andurand believes supplies of Russian oil into Europe will disappear in the light of warmongering from Vladimir Putin, as many traders expect crude prices to reach as high as $250 a barrel this year".

lucky to buy in at the bottom of the recent dip a few days back. I top sliced my Blackrock World Mining BRWM so as to raise some funds. I liked the idea of having some fuel/energy stocks as part of the holding rather than BRWM pure mining aspect (though they have done very well, but may come off the boil in near future).

good buying in point or top-up for those already holding.

"The 16 analysts offering 12 month price targets for Glencore PLC have a median target of 495.48, with a high estimate of 687.22 and a low estimate of 378.89. The median estimate represents a -3.09% decrease from the last price of 511.30".

Hi Velo, your comments noted. Some days its easier and less stressful just to hold Blackrock World Mining BRWM or similar (while miners are in favour). Up 30% since the start of the year. They have a spread across many of the big and small miners, VALE, BHP, GLEN, RIO, Anglo American, Freeport-McMoRan, Teck, Newmont, Arcelor, First Quantum, Wheaton, Antofagasta, Sibanye, Trident, Nucor, Impala etc., though not as much fun in trying to predict what's going to happen with SLP, THS, and JLP.
A good note to end on is all the dividends that miners are paying out over the next few weeks, and even better if folks have been lucky enough to hold in ISA accounts so as to avoid any tax on them.

back in to ATT, SMT and PCT as it looks as if they may have bottomed. I was lucky not to have been in them over the last 3 months of decline, except for a few days brief foray in to SMT.

You'd have to wonder if chart analysis works all that well for small cap companies. I've always found them interesting when they confirm my thoughts and things such as a golden or a death cross etc, but SLP appears to go its own sweet way. Unless there's a special dividend in the offing or some news about using the cash pile, I suspect folks may well take their gains and follow something having greater upwards momentum. I'm happy to hold, but suspect the SP may well drift lower. All the good news re the high price of precious metals is out there, but its not translating in to a higher share price at the moment.

SLP Momentum Relative Strength (%)
1m +30.6%, 3m +28.2%, 6m +14.0%, 1y -19.4%. Volume Change (%) 10d vs 3m +58.8%,
THS Momentum Relative Strength (%)
1m +32.6% , 3m +39.9%, 6m +53.1%, 1y +17.8%. Volume Change (%) 10d vs 3m +62.8%.
Looking at the volumes THS has a lower daily trading level, even though it has a larger market cap 485m vs 287. Possibly the fairly frequent promotion of SLP by IC and other publications leads to greater speculation? At the end of the day both should do well from the metals market turmoil. I notice also that BMN appears to be on a roll with a 60% gain over the last 16 days.

there's not much news in the pipeline. We have the dividend, company presentation and half year reports.

and a 27pence per share final dividend. Ex divi on 17th March, payable 19th May.

will be taking profits today, and the share price may well go down tomorrow once the dilution aspect is given more thought, BUT long term JLP is going to be a winner, just as it has been over the last 3 years.

Current Price $3,335.87. Today Change 10.24% +$309.87.
Today high $3,456.82 Today low $3,026.00

Berenberg initiates Jubilee Metals with 'buy' - target 21 pence

The S&P GSCI (vs BRWM in brackets) is a benchmark commodities index that tracks the performance of the global commodities market. It is made up of 24 exchange-traded futures contracts that cover physical commodities spanning five sectors. 16.38% one month return (15.34%). 62.73% (30.7%) one year. 22.8% (33.7) annualised 3 year return. 14.47% (20.97%) 5 year annualised. 1.07% (5.43%) annualised return over 10 years.

Palladium up 27.04% last week in Dollar terms. Platinum 6.55%.
S&P commodities index up 16.38% in a month, 39.58% in year to date, 62.73% over a year. I'd expect JLP to make one of its periodic lurch upwards any day soon.
Crypto 200 index down 13%, Bitcoin down 4.8% over a month, Gold up 9%. So much for crypto taking Gold's position in the world when the chips are down.

up 32.4% since "Golden Cross" on the chart in mid December. Stockp.... shows THS as passing 13 long screens, divi yield of 4.99%, return on capital 39%, sales growth up 33.7% latest interim period vs. prior period, and huge increase in revenue and profits. Its easy to understand why Berenberg Bank raised its forecast to 220p. PEG 12m Forecast Rolling OF 3.9. This all before the Ukraine situation.

https://www.fxstreet.com/news/palladium-price-analysis-xpd-usd-renews-weekly-top-around-2-650-rising-channel-eyed-202203030642

https://www.nasdaq.com/articles/precious-palladium-jumps-as-russia-sanctions-threaten-supply-gold-firms