Member Info for nimrod22

"The bowl pattern is exactly what it sounds like -- a rounded pattern that gives a buy signal when the stock price exceeds the lip of the "bowl." The breakout should occur on high volume, at least doubling the low volume from the dip. This pattern typically takes a long time, six months to a year, to develop and once the breakout occurs, the stock should rise to the equivalent of the price from the bottom to the "lip" of the bowl "

Another moving share is Ivanhoe Mines on the Toronto market. IVN:TOR
They've had some recent big finds.
from the FT "Ivanhoe Mines Ltd is a Canada-based mining company. The Company’s segments include the Platreef property, Kamoa Holding joint venture and Kipushi properties. The reportable segments are engaged in the development of mineral properties in South Africa; exploration and development of mineral properties through a joint venture in the Democratic Republic of Congo (DRC); and the upgrading of mining infrastructure and refurbishment of a mine in the DRC respectively. It is focused on three projects in Southern Africa: the development of new mines at the Kamoa-Kakula copper discovery in the Democratic Republic of Congo (DRC) and the Platreef platinum-palladium-nickel-copper-gold discovery in South Africa; and the redevelopment and upgrading of the Kipushi zinc-copper-germanium-silver mine, also in the DRC."

Another moving share is Ivanhoe Mines on the Toronto market. IVN:TOR
They've had some recent big finds.
from the FT "Ivanhoe Mines Ltd is a Canada-based mining company. The Company’s segments include the Platreef property, Kamoa Holding joint venture and Kipushi properties. The reportable segments are engaged in the development of mineral properties in South Africa; exploration and development of mineral properties through a joint venture in the Democratic Republic of Congo (DRC); and the upgrading of mining infrastructure and refurbishment of a mine in the DRC respectively. It is focused on three projects in Southern Africa: the development of new mines at the Kamoa-Kakula copper discovery in the Democratic Republic of Congo (DRC) and the Platreef platinum-palladium-nickel-copper-gold discovery in South Africa; and the redevelopment and upgrading of the Kipushi zinc-copper-germanium-silver mine, also in the DRC."

rising trend line should lead to greater SP value as demand for materials increases.

surprised that anybody is selling SLP at the moment with the likelihood of an excellent dividend in the near future and a rising trend line. On the charts it appears the 30 day line is rising up through the 150 dma in a golden cross situation

https://www.forbes.com/sites/investor/2020/07/28/the-crash-of-2020-the-precious-metal-inflation-trade/#2250884a2fdc

watched the sudden rise late last night, but resisted the temptation to take some profits. Its actually good that there's been a mini correction, as this is the same pattern that has happened in the past in 1980 and 2011, prior to a massive surge to a much higher peak. There are other smaller versions of the same happening before. My thoughts are that there will be a very high spike during the next four weeks, before a very steep drop as gravity gets hold of it. Then again I could be talking sh**

https://www.miningweekly.com/article/pgm-prices-expected-to-remain-robust-in-the-short-term-2020-07-27/rep_id:3650

https://www.investing.com/analysis/platinum-continues-to-lag-the-precious-metals-sector-200531965

https://www.scoop.co.nz/stories/BU2007/S00438/furuya-metal-becomes-first-japanese-precious-metal-company-to-establish-jv-with-anglo-platinum.htm

https://fxdailyreport.com/palladium-tests-2400-as-automakers-revive-operations/

https://www.heraeus.com/media/media/hpm/doc_hpm/precious_metal_update/en_6/Appraisal_20200720.pdf
The attached link indicates that Platinum still had room to fall, though in fact it has risen. There are mixed signals out there. I bought some Platinum on Bullion Vault at the start of the year and its just at break even point, but I believe long term it will come to good and remains at a low entry price. Those who have not already a Silver holding may have missed the boat, but it could still rocket, it all depends on JP Morgan who control all things Silver.

60p by end of the week, with a dividend announcement a strong possibility in the near future.

The one that Tom Winnifrith works with

just received a negative review on "xx*************."

https://www.prnewswire.co.uk/news-releases/growing-demand-for-palladium-caused-pricing-to-rise-100-over-last-three-years-836111678.html

https://af.reuters.com/article/commoditiesNews/idAFL3N2EU2MH

South Africa's Impala Platinum expects 20% jump in annual earnings
July 23 (Reuters) - South Africa’s Impala Platinum Holdings Ltd (Implats) said on Thursday it expects a jump in annual earnings, boosted by higher metals prices.
The platinum miner forecast headline earnings per share, which strips out certain one-off items and is the main profit measure in South Africa, to be more than 20% higher in the full year ended June 30.

10% in 10 days

Palladium up 3% since 0800hrs.
Platinum up 3.4%

in Platinum as well as silver.
https://www.cfdtrading.com/platinum-xptusd-up-5-55-over-past-4-hours-makes-big-move-relative-to-past-month-entered-today-up-for-the-3rd-day-in-a-row/135714/

https://www.cfdtrading.com/platinum-xptusd-up-5-55-over-past-4-hours-makes-big-move-relative-to-past-month-entered-today-up-for-the-3rd-day-in-a-row/135714/