Member Info for ROCKETVI

See the buyers come flooding back in for bargain...

Maybe not Today...but next week will see it rise back up when people see sense. Herd metality has kicked in with panic.

Doubt it, i`m out at £10.00....

Lowest i got in was £9.24.Who beat that ?

Bargain. Fill yr boots....

Perhaps not an over reaction. Look at the 5 Year chart to confirm that this Company is not managed well since highs. Worth a small gamble but there is no reason not to expect this dropping to £ 8/9 range over next few weeks. Failure is heavily punished and dificult to gain reputation back. Good luck if you have taken a position but may need a bullet proof vest that works.

Realy tempted to buy into this one but have seen that most FTSE 100 Companies with bad news now tend to be punished further for a few weeks. Can see dropping further Tomorrow and cant see an immeidiate pull-back. Buy order in for £20.50.

Have done similar myself regarding CEY into HUM and it is actually rising now. Looking for a 50% here.....

Sold all my POLY yesterday and bought into CEY & HUM & PAF. Expect the bigger ones to move first and the minows such as this to catch up providing that gold dosn`t drop back sharply. Still a good price to enter for HUM so nothing to lose as yet.

What`s it take to get this one launched ? All other goldies well up......

Will hopefully stop the rot. Hope all the sellers are gone so have bought back in on news. ill stop any hostile takeover so hope that rise ill now start from Today.

Thanks Mrtibbles. Have been in & out a few times on this one but once out, dont bother keeping updated unless i see big price movements either way. History has been and gone and Egypt has had its fair share of bad news but seems to be fairly stable at present hence Western Companies investing there. A new Management can often work wonders if they have a good understanding of PM mining and also of the Country that they operate in. Hopefully they can get this Company running better and more efficiently but i invested mainly because i feel that gold is undervalued so will hold out for a big upside correction in 2022.

Thanks Auson. Looks like it will need gold prices to be kept at this level or above to maintain resonable profits then if production is down. Still a low price IMO given issues that will be resolved. Made profits in all others that you mentioned, more so in PAF which i believe is one of the best miners to be in at present. As they say, buy when out of favour and hold.

Strange share is this one regarding low S.P. as over £2.00 fairly recently and now look at the price given the price of gold. Not sure why this isn`t moving but have bought back in again as it is worth more than £1.00 on current values. Anybody know why this is at such a low price ?

What is next ? This could be interesting for holders of physical gold if a digital version is brought in. More manipulation and could see very large swings based on gold price as a reserve currency.
"Former UK Chancellor of the Exchequer Philip Hammond responds to Yahoo Finance's Brian McGleenon about the possibility that the UK's depleted gold reserves could be replenished with 'digital assets'. The Tory peer does not think the UK public is ready for the Bank of England to begin accumulating current digital assets, such as Bitcoin. However, he does forecast that "when we ultimately digitise conventional assets, this is the form in which these things will be held at some point in the future”.

Just seen the Squid coin has now been declared worthless in seconds. As all cryptos are not backed by any physical asset or a guarantor then technically they are worthless. Bitcoin was never meant to a store of value and was developed for its blockchain which has now been surpassed by other cryptos in its development. There is no defined value on any crypto and people will pay whatever thinking that it can only go up which it will, but will also come down. It is a casino on which most will loose money like any pyramid scheme. Just a matter of time before most cryptos vanish.

You couldn`t make it up but there is that much money to be made in cryptos and also losses. The King is in the Altogether springs to mind. Double ponzi is a very good description for that is what it is. Nothing based on nothing = NOTHING.

Think it is polymetall LTD and not POLY PLC. They wouldn`t need this anyway as they have more than enough resources at present to meet demand for a few more years. Production down to reflect lower gold prices makes sense long term. Good to see gold price jump straight back up and proves that physical gold demand is rising into 2022.

Tapering will continue for some time yet even if its at the same rate and interest rate rises would make things even worse as the public stop buying things other than essentials. The U.K. Gov is making people more poorer already with tax rises so it is not the solution. The reality is that too much money has been printed/borrowed and has to be paid back by the workers as they have no other means of getting money other than borrowing more which will bankrupt any country should interest rates rise. Gold is undervalued so POLY is a very strong hold for me over the next few Years, more so if you have managed to get in near the recent bottom.

Taken a position in this one as it appears to be vulnerable for a takeover given their tech in different power sectors. Can see a bit more downside given the trading update but what manufacturing Co dosn`t have the same issues ? Takeover offer next week would be nice..