Member Info for ParanoiaBlue

…..to get some sort of news, either way, before too much longer.The talks must still be on a fairly informal basis. I’m relaxed, whichever way it goes, as the recent RNS promises a lot of potential with the company.

I just bought a whole heap more in an investment account @ 74.55p I have enough on margin, in my dealing account, and they may drop more, who knows? So, in my investment a/c I can just sit on them, as eventually they will make a profit – too much potential. If they drop significantly more, I buy significantly more :)

Thanks, Yes, it did seem to take a bigger hit than most of my other gold plays. It will be interesting to see how the gold price holds up, over the next few weeks. Longer term I’ve no real worries, as to its investment potential.

Anyone manage to come up with any actual tangible explanations, for this recent drop.

Always allow a fair bit of distance from you last buy, and enough to jump in again, at incremental stages, with far larger positions. ATB PS Turn off your TV, it is mincing your brain!!

NB Bullion price is bounding back, as I type. The whole thing sucks!!! But try to surf the nonsense. ATB

Always remember, EVERYTHING is being seriously manipulated! However, fundamental basics, will finally take over! ATB

....Gold is only down, a couple of points. Remember if the Markets look dodgy – what is the safe haven? Managed to buy another 9K @ 79.5p – I’ll never understand “the nervous” but I do love them, both sides of the trading fence. ATB

I bought 9K, earlier today, but when it dropped further I could only buy 5.5K – games Still hoping for a good hike – if we ever hear from these talks!

Still buying @ 86p Looks like action here. ATB

@ 87p with two "big lumps" - perhaps, a little early, let's see! However, still great potential, with, or without, T/O rumours! ATB

....here today.

"Kesa Electricals reported a 1.2% drop in like for like sales in the period from 9 January to 30 April as a positive performance at its larger French operations failed to offset weakness at the Comet retail chain. Darty France's like for like sales increased by 0.5%, excluding the Darty Box, though Comet's revenue dropped by 4.0% on a like for like basis."

…up on the coattails of Enterprise Inns :{

I guess it is just waiting on positive news. I’m sitting at 85p & 85.25p, again after getting out when in spiked into the 90s. I’m happy to wait, as in general, the background for holding good quality gold shares is excellent.

"TUI Travel is to take a £90m hit for the impact of the disruption caused by the volcanic ash cloud, but intends to sue national governments to get the money back. The tour operator added that forward bookings have held up well despite the disruption though pre-tax losses increased to £367m from £333m in the half-year to March. Revenues fell 8% to £4.93bn from £5.38bn."

...going to hear some real news!!??

dross?

…..in this week’s MoneyWeek: “Norseman Gold runs Australia’s longest operating mine, with 19 million ounces produced so far. It is also debt free with very strong cash flow. Its mill is currently working at 60% of capacity. However, with the company planning to bring two new mines into production, there is a strong possibility of a reduction in cash costs. Norseman Gold currently trades at about 7.5 times 2010-2011 cash flow, against 20 times for its peer group.. As the company has no hedge in place for its gold sales prices, it would benefit significantly if operating costs come down and gold prices move up. It is also a potential takeover target.”

......out @ 76.50p Maybe leaving a bit for the next guy. Be very wary which shares you are long in! ATB