Member Info for Roydon1

Eurasian Resources Group forecasts a strong metals price recovery

http://www.mining.com/web/eurasian-resources-group-forecasts-strong-metals-price-recovery/

Why conflicted copper shows little consensus

Apparently there is one reason and one reason only for the decline: Hedge fund speculators on both sides of the Pacific are massively net-short copper in the near-term and that has resulted in pronounced backwardation in the futures curve.

http://www.mining.com/conflicted-copper-shows-little-consensus/?utm_source=digest-en-mining-181016&utm_medium=email&utm_campaign=digest

World’s top copper producer faces lengthy smelter halt at major mine

I wonder when it will start to have an effect !!

http://www.mining.com/worlds-top-copper-producer-faces-lengthy-smelter-halt-major-mine/?utm_source=digest-en-mining-181012&utm_medium=email&utm_campaign=digest

Hahahaha

Very funny :)))

Genlemanjim,
You are very welcome sir,

I fully agree, I think there will be now a much needed change of sentiment , and this will help the SP recovery.
I have no doubt that there will be some positive feedback from some brokers soon.

All the best with your investment.

https://uk.finance.yahoo.com/news/could-kaz-minerals-beat-solg-144210676.html?.tsrc=applewf&guccounter=1

Good Presentation here :

https://www.kazminerals.com/investors/results-centre/

If we finish above 500 today

Fingers crossed

GLA

No comments !

Thanks LSE for taking his rubbish posts down.

Time to give this room a good clean, and have a good debate like the old days.

We don't need minute by minute commentators here !

Correction :

should be 150000 Tons (missed a zero)

Copper Stock at LME is almost at the lowest level for 5 years (15000 T)

Anyone knows why ?

In any case, it will help push prices higher.

OK, Thanks

Oh yes, I see what you mean with IWG , that is a nice rise, never mind, plenty of fish in the sea :)

Hi Capra
I was looking at the 1 month 1 hour chart !

Yes you are right if you look at the 6 month daily, then the 50 SMA would be around 493

Also have a look at the trend line on the 6month daily, I think we crossed that (from my chart)
do you agree ?

If you look at the 6 month chart and also add the RSI indicator , you will see that the SP got a LOT of room to move upward before it is Over bought.

We can easly reach 500 before any overbought indicators start to trigger.

GLA

Should start now, after the first rise and some sell of start longer steady uptrend.

GLA

If you look at the SP rise this morning, you will notice that there was no Gapping up at all

There was actually a Gap down to start with from yesterday shorters predicting further fall.

It went down first, then it started to go up (Fast), after they closed there short positions , or been stopped out.

It means that investors just had tome to digest the results, then decided to buy in, which is good news.

Kaz has just crossed the all important 50 Day Moving Average .

It basicly means that we are now in a Breakout from the 6 months down trend

If we reach 490 , then this is a good confirmation.

GLA

This will help Kaz to Fly Higher today

Come On Kaz

Congratulations to all holders :)

Noggeres:

From what I see today, there is a big number of investors are willing to buy in anticipation for tomorrow.

the SP is Up 3.9% as we speak, so this is a good sign

I think it will go up more towards the end of the day

I hope I am right !

GL all holders for a great day tomorrow.