Member Info for nimrod22

12m Forecast Rolling PE Ratio (f) 3.0 ON Stockp..... and 3.3 on Simply. "The 3 analysts offering 12 month price targets for Serabi Gold PLC have a median target of 264.49, with a high estimate of 293.39 and a low estimate of 229.67. The median estimate represents a 34.26% increase from the last price of 197.00."

Https://www.mining.com/web/chinas-net-gold-imports-via-hong-kong-more-than-doubled-in-july/

To be many more buys than sells; a good starting point for new buyers.

"For underground mining, the World Gold Council defines between 8 and 10 grams per tonne as 'high-quality', and 1 to 4 grams per tonne as 'low-quality"

Tomorrow. The Canadian market is pushing ahead today with Andean Precious Metals APM:TOR and Santa Cruz Silver Mining SCZ:CVE both up over 5% and 26% and 29% respectively over one month. The view ahead for Gold looks positive.

A small punt on TUN despite being burnt the last time this mine was supposed to happen. Meanwhile Almonty is up 394% over the last 12 months. TUN is only for the brave until there is some worthwhile news.

Https://www.mining.com/ubs-lifts-2026-gold-forecasts-on-us-macro-risks/

I think it finished at 2,900 up after I sold my holding !! Just kidding, but having some would have been great. The Australian Gold miners are on a roll, but unfortunatly the trading hours are 2400 hours to 0600 GMT and that's not my best attention span. The Canadian market has been as equally exciting and is open at 1430 to 2100hrs so easier to follow and act on information, and for those that may not have noticed you may hold Canadian/USA shares in a UK ISA and others. You may not hold foreign currency in your ISA so there is an exchange cost buying and selling, but when Gold/Silver/rare metals mining shares are frequently making yearly rises in excess of 100% its not an issue.

Notice that Kaili Resources Ltd in Australia is up2,900% today if anyone is looking for excitement !!

Posted a similar message several years ago on this board and likened OPTI to a guy selling boxes of matches on a street corner in Mogadishu. He usualy sells one box a day, but happens to spy Bill Gates passing buy and sells him two; later claiming that his sales have doubled and is selling in to a market worth billions. Since then the situation has become dire (maybe Bill Gates has stopped smoking!). OPTI's revenue/cash etc meanwhile maybe enough to rent a broom locker in a London bedsit; others will see multibagging and best thing since sliced bread. There was even one guy that went off and started his own website supporting OPTI after negative posts on here. GET REAL

Who knows wich way the wind blows. If Trump/Putin comes up with some sort of acceptable deal then I guess Gold will tend downwards; meanwhile central banks et al will continue buying bullion, and miners will keep on recording record profits. Its back to the old there's only two people that know which direction Gold is going, one is in the Bank of England the other in the basement of the Banque de France and they both disagree.

Well I feel a bit more cheerful today and not just because of SRBs rise. I've had over half my assets in the Canadian market which has been on a roll for the miners and others. The S&P/TSX Composite index which tracks 70% of the Toronto stock exchange is up 22% since the dip on 8th April. Its not just the miners such as Santa Cruz Silver up 22% today and 328% over one year (analyst forecast for another 55% rise), but companies such as 5N Plus (semi conductors and specialist materials) with the ticker VNP.TO up 148% over the year, and many others such as Almonty the Tungsten miner. Hence my apprehension as to when to capitalise some gains. I don't mean to ramp these particular shares as there's no need, but I sometimes see that some folks bet the farm on one or two shares and ignore others that maybe held in UK ISAs etc. Looking good or better until whatever event happens next!

GDX is up 4.1% today

A question whether to bail out of all the Gold/metal plays and take the profits while waiting on the next direction. Its been a blast for the last 3 to 4 years. The last 3 months has been a plateau in Gold generally. Several banks and other palyers give further boosts, but its like Goldmans buy long on Copper the day before the collapse in price on Friday; who knows.

Without looking back, I believe Almonty already has contracts with the US government. Almonty Industries has entered into a three-year agreement to supply tungsten oxide to Tungsten Parts Wyoming (TPW), a US defense contractor, and Metal Tech (MT), an Israeli processor, for use in US defense applications. I bought Almonty at a peak in February and held through a drop until it peaked again recently, followed by a correction. Long term it should be a steady improver. I invested in the mine outside Plymouth a few years back (when it was Wolf" with all the same promises that TUN make today and lost my cash. TUN will surge dramatically "If" there is a go ahead and government imput. Meanwhile its a punt for the brave only. I have a few shares on the off chance and will buy more when there is/if some positive news.

Https://www.mining.com/gold-price-rebounds-nearly-2-following-us-payrolls-data/

Is in the high range. Typical ranges: High-grade mines might have grades of 8.0 to 10.0 g/t, while lower-grade mines could have grades of 1.0 to 4.0 g/t.

The Vaneck Gold Miners Etf Share Chat (GDX.US) is up over 4.25% today, and many of the Canadian Gold shares have rises of over 7%. It looks as if Gold stocks are still going to plow ahead.

https://www.mining.com/gold-price-to-hit-3600-this-year-and-next-cibc/

https://www.mining.com/web/russian-precious-metals-sales-to-china-hit-1-billion/

Thanks Velo. I'm going to recheck the tealeaves, and maybe buy a different brand!

Why SLP share should not go back to May 2021 price, as should Tharisa. JLP appears to have lost the plot, but were always more risky.