Member Info for Roydon1

I think we have some panic selling today, which is a natural reaction to the drop in the US markets yesterday.

It could be a good opportunity for averaging down and picking some cheap shares.

IMHO , the US economy is in good shape, and this could be a small correction, that will re-bounce again.

It would be also another good reason for the US and China to start negosiating a trade deal.

GLA

I think IMO it is due to 3 reasons :

1) Copper futures are under pressure and moving sideways without any news of an upward movement.

2) From the TA point , there is a Head and Shoulder on the Monthly Chart, First shoulder started 11/9, Head on 24/9 and second shoulder ended 4/10
.It played out yesterday and today, and might continue for another day.

3) mm are using the drop in sentiment and trying a Tree Shake before the results, which I would expect to be good, so they can collect some cheap shares and sell them for a good price after the results.

Any other ideas are welcome.

Kaz is following Copper chart very closely

http://www.kitcometals.com/charts/copper_historical_large.html

It is not a rocket science !

Maybe we will jump up 50% in Monday :))

Haha

And I he said that he filtered me out .

He must be reading every post I write, and very much value my opinion .

I am flattered lol

Yes, it is very low at the moment

I think this will add an upward pressure to copper price.

Good Morning All

Interesting Article !

https://in.investing.com/analysis/coppers-rebound-just-what-the-doctor-ordered-for-the-economy-200205301

GLA

Same here,
Got it on the ISA, but not on the Pension account
Very strange !

You are very welcome ,

I just know some basic things, but they work for me, which is the main thing, and to be honest with you, Level2 is only helpful if you are going to do few trades every day, which most of us don't.
I was only trying it for a month for free !

So many people go deep into TA , then the get it all wrong (like our PRO) LOL

GL

If you look at a 1month chart
You will see an invers head and Shoulders
Started on 24/9
So if we pass the neck line 552 , which we did, then it should take us to £6
Let’s see !
Fingers crossed

I think it is just down to share price TA
I am looking at L2 , and there is not much resistance up to 580

It is a sham that we don’t have our Professor here today to tell us all about it

I miss him ( NOT). LOL

Any one got paid yet ?

I didn't get any thing yet !

I wonder if our resident PRO is one of them, and he is TOAST now !

LOL

GL All Holders

Copper Futures are UP
https://in.investing.com/commodities/copper

Copper Spot Price is UP
http://www.kitcometals.com/charts/copper_historical_large.html

Kaz is UP

Fingers Crossed.

Thanks God he is not here yet, so peaceful !

But I would expect him to raise his ugly head and second .

I really hope they are re-assessing the situation, then maybe decide to go with Koksay.

If this happens, then I would expect the SP to go to £8 overnight.

Lets live and hope !

They also acquired this mine in June 2014
So, why they didn't do any thing about it yet (FS etc..)

If it was me running the company, I would focus on getting this running first before looking to acquire more mines.

I hope they cane see some sense in doing that, and not to spread themselves too thin .

I know that acquiring extra resources is a strategic thinking, but it shouldn't come on the expense of exposing the company to financial difficulties in case of economics uncertainties .

Hi Autonomy,

I had a quick look, and they are basicly saying :

"The investment will be ring-fenced and used to finance a feasibility study (FS) for the project.
The FS will outline the detailed design for mining and processing operations, as well as the associated capital budget.
Depending on the results of the FS, UK-based KAZ Minerals will decide on how and when to proceed with the project."

So, from this, I understand that they are doing the FS first, then they will decide.

Have a look here :

https://www.mining-technology.com/news/chinese-firm-invest-kaz-minerals-koksay-project-kazakhstan/

GL

If it carry on, then Kaz will be at least 4% UP today

GLA

Volume is very low today !