Member Info for paulmetcalfe

Ive just turned on the computer and see gold and Centamin are down do far this morning.
Do you think that Basel 3 will kick in and make a difference or will it just be ignored and become another thing that people hoped would be a "Game Changer"? along with kinesis?
I remember it being talked about on here and Andrew Maguire had been bigging up the launch of it ---then it got cancelled or put back.
Has kinesis actually made any difference to the gold markets and will Basel 3????

Mr T--you need something a bit depressing (easily done after being in centamin so long!)
A single malt and a bit of " The Killer" . He sang this at 21-----probably realising things didnt get better. Maybe he knew about the Egyptian legal system?

https://www.youtube.com/watch?v=2y-9I3RpGY8

Thanks Mr T. I,d feel a lot happier if we reached the £3 a share that Sotolo spoke of before all the waste hit the fan! I'd even get some gold plated steel toecaps for my gardening boots :D
I have the feeling that with a bit of good news or good luck that we could have a jump----------but looking over the years, £1-30 ish seems a "normal" sort of price for us, without having problems.
However------£1-30 would be ok with me with decent dividiends.

I pop over here mainly for the comedy turns. However, as we near the end of January, it will be interesting to see what the price is and watch the insults and rattle throwing . Will it be closer to the 60's or the 20's? Both have been forecast on this board for the end of January.
If I had spare cash, Id consider a very small punt if it drops. Fair play to those who have chucked money at this all the way down from over a quid. I've not got that sort of nerve.

You are RICH!
im scratching around, making jam on the fire and making my own wine!
Im hoping that Centamin does start to look up soon. I think I've been here ten years and only about level , but had the divis. If Centamin did manage a big leap (say --up to £1.40 or £1.50) , I'd consider cashing some in and getting some more post office IDS shares as they should eventually start moving again and also paying a divi.

I cannot say that I actually enjoy gardening Mr T and Im not very good or lucky with it. However the apples come in handy but I cannot seem to store them beyond May. The plums have been turned into jam. I need to think about what to try to grow this year and where. For a pretty biggish garden they is not a lot of useful space AND many years ago someone put a load of limestone in to try to help drainage. Each year I try to reclaim a little of it back by digging out the stone and then sifting it and trying to make up the shortage with twigs and compost from the bin. Centamin have my sympathy moving THAT waste.
Very little been going on in the garden. I managed to collect ten wheelborrow loads of leaves to mulch with.
A bit like Centamin ---I keep hoping that this year will be better.
I took blackcurrant cuttings, so in a year, I should have some more of them for the jam. Probably grow less cucucmbers for gherkins this year and one less courgette plant. Turnips and peas will be grown (hopefully) and Tomatoes (had a bit of luck last year) ----and fingers crossed for shallots or onions.

I think Martin Horgan wont give a really good update until he is sure things are going great-------and i think he will underplay anygood news as another knock of trust could really effect the confidence we are slowly gettting back.

Sotolo --I thought you were in and out of HOC and THS along with Centamin? I seem to remember you saying your Centamin divi was late getting payed and you wanted to put it in THS? (Im sure you were saying that THS were a great company) .
Hoc were up near £3 at one point and THS £1-60? Both are less that Centamin now though. Anyone who reinvested the last Centamin divi, when we were about 84p has done not bad so far (fingers crossed).
When do you think we will be the £3 mark you forecast before the news of the waste came out? Im hoping I'll still be alive by then.
Do any LTH remember when people used the phrase about turning out cash "Like a demented cash machine" ? Im hoping for some higher dividends soon. That might ease the pain of the last few years.
Hopefully they will start to come with a bit more good news. Without setting Mr T off on one. the previous management lost Centamin a lot of trust before Martin Horgan took over. I think he is trying to rebuild that now, with mainly boring "steady as she goes" updates.

Im sorry to see you go Cowichan . Along with Mr T,Siko, Rebess ,Dasut and Sotolo, you are a name i easily recognised.
Im hoping that you miss out good style here! ( but that is me being selfish) and that you are quids in wherever you decide to invest instead.
Please continue to contribute and all the best for the future.

I'd like to see a regualr stream of director buys. I dont think there have been any for 18 months or longer. I think the last one was when we were in the 130's and was a buy of 20 or 30,000? A steady stream of buys, along with regular updates (especially good news!) would help with credability and trust.
Obviously it comes down to OZ's out of the ground at what cost, but directors putting their hands into their own pockets would send positive signals.

I suppose Mr T that by clearing the pile , that they are giving themselves room to work, and once it is clear it should just be a matter of keeping on top of it, like should have been done in the past.
I always get a funny feeling when the share is tipped in the papers as we sometimes get a fall soon after.
I remember about 5 1/2 years ago we were tipped around the high 170' then shortly fell to the 120's I think.
Im not getting any younger. We need things to carry on improving and hopefully quckly.

You will remember Mr T? Didnt they predict 600K ounces very shortly before one of the major problems?

I agree with what you are saying about the waste there Mr T. If they had been clearing it as they were going along, it would not have become a problem-----AND it probably would have been cheaper than doing it in one massive effort.
We would probably not have gotten the same OZ's of gold out of the ground, or the decent dividends, but things would have been going along a lot smoother and the share price would be higher than it is now. SO--swings and roundabouts but generally we have lost more by the drop in the (artificially high) share price (or even a true one) than we gained in dividends.
The high share price and dividends suited the people who got out in time and had the knowledge to do so.
Lets hope that things start to get better for us soon. I think a bit of cheer would do us all good.

Yes Mr T-----------we now know what has gone on in the past but we cannot do anything about it. They could have acted earlier and stopped the problem, or at least slowed it down to a managable level, without having too much impact. Obvioulsy, the longer they left it , the worse the problem became. I would have thought that the more they shift from the pile, that it would become quicker, easier and cheaper to remove?
That Martin Horgan seems to be doing the job properly now, suggests he is in it for the long haul.
We could do with some good luck now---------Gold price going up, a good find, basel 3 taking effect or a combination of those things.
How do you see the Basel 3 thing going? Will it have an impact or be ignored.

I did make some Plum and blackcurrant jam with fruit out of the garden. Bloody lovely stuff :-)
All the best for the New Year Mr T. Please try to not let political and other things get you too wound up.

So what will happen? Anything or will it just pass by and be ignored?

Are you still in Hoc and Ths?
We were not looking very good here 3 months ago, but have had a decent run since then and anyone who reinvested the divi has done ok out of that.
Like Dasut, I hope we get on a run to £2 and beyond, but will struggle with that without gold going up and reducing costs as well.
A quick look back through the historical charts shows 130ish is a "normal" price for us and runs over that usually drop back.
Usually if a newspaper recommends us, we start to drop. I remember being tipped when the shares were 179 over 5 years ago.
Anyhow--fingers crossed for some good news, director buys, gold going up and a large rise in the share price.
Im not getting any younger!

I only started to have a look at this board a year or so ago and am not invested. Somebody posted up that Centamin was a dog of a share and they were investing somewhere better . They posted they got into BOO at £1.05. If they did, then they are down 66% on the investment. Centamin are now roughly back where they were at that time, after a rough year, but there have been 2 dividends in that time.
If I get some money spare, I may take a very small punt on BOO as the recovery, if it comes could be very good. BUT who knows?

We want to see more ounces mined at a lower cost. The Rns does seem good news and maybe a few director buys (it's been a while since we had any of those and I think we were in the 130's then?). BUT, along with the solar, it looks like things are getting better.

Any idea why? I looked away and 5 minutes later it was up $22
I hope it goes up a lot more.

That was a pretty positive post from Sotolo!
With all the cr-p that we have had the last few years, a nice , boring "Steady as she goes" is welcome. Also, in the long run I think it will give Centamin and Martin Horgan a bit of credibility.
We now know what went on in the past and how we got into the mess that we did and it looks like Martin Horgan has been doing the spade work to put things right.
Did I miss it?? Was there any update on how they are doing clearing the "heap" ?
Hopefully the light bodied trucks and the solar will pay for themselves many times over. Now we could do with the price of gold moving in an upwards direction. Remember when there was talk or $3000, £5000 etc an ounce?

Im sure Mr T is reading and watching------and probably getting really wound up by the recent events regarding the Tories.
Anyhow Mr T, calm down, relax, enjoy yourself a bit and lets hope that in the not too distant future you will be wearing those custom made golden flip flops.

Fingers crossed for a good update. I think we are long overdue a good one.