Member Info for Sotolo

mapp, if you knew it was being manipulated down, rather than the selling resulting from no news, lucky you, as expect unlike me you bought loads more as it descended, how many do you have now, I have just held my 660k but wish I’d bought yesterday, but without your foreknowledge I thought the fall was from investors as worried as me what results would be. At least I haven’t sold any since the 40’s

Shoulda, coulda, woulda, Omi now up over70% this am, sadly no chance of Hoc doing that as their exploration is just trying to keep up with what they mine

Well done those who managed to buy but I wonder whether that is because it was only a small amount, imagine buying a million at opening (only £150k)!! How many could any of the buyers this am actually buy, the quantities available are usually very low, and mostly under 100k? This am I guess considerably lower. Anyway lovely for us long term holders though I am down to 670k from over a million, having had the luck to lighten around 40, wish had had the time to rebuy this am and not overslept!

should have bought some more omi when posted half an hour ago and up 25%, as now up 50%

Yes we just missed the death cross in gold, however as Uncertain, who I very much miss, would have said is this a dead cat bounce or the real thing and how can we know as we cannot see inside Shrodinger's box. Will we see the golden cross or the death cross next? What a funny time in gold but I thoroughly agree with InstantExpert's article and have kept posting that gold should be the inverse of the real interest rate (ie TIPS) not the nominal interest rate it is inversely tracking, and at some point this must come right; I only see real rates falling - the true result of the much higher inflation we are seeing with only slightly rising rates. Along with our recovery we should be in clover in later 2022/2023. Anyway to some good news for another I have hung on to, at least my tiddler Omi is more cheerful this am up 40% so far, though overslept and missed nabbing more at 8.01 as still too sleepy!

Supercharger I love your wishful thinking, it obviates my realism, as posted before both the story and numbers matter for a share, the numbers here should be good this year, but the story is of a far left president in a covid riven country, who campaigned on a promise to halve the profit or worse, for the benefit of his people; at the moment the story is stronger imho until proved otherwise as more dribbles of news knock the share down or sideways. You are like Andrew McGuire on gold, always about to soar but never does, I so hope one day you will be right. At least my tiddler OMI have a story, up 25% this am.

ah tomorrow

can anyone access the meeting, my zoom just goes round and round saying waiting to start?

My ‘short term’ is as said a few years, and with ending of auto chip shortage next year I am hoping Rhodium will rise again, but if the world continues to shift to ev led by China as said this could hold rhodium back later this decade and THS could anticipate this. I have owned Many of my shares over 30 years, I like choosing and then holding/adding, I have only ever added to THS, I didn’t suggest I think it will fall all the way back, nor was I being pessimistic about next few years, rather I said that with end of auto chip shortage it should rise next year, however I like trying to explain why the share price is where it is, which I know annoys some, and to understand the market. I do not currently see it as one of my multi decade holdings, if EV’s take off in the 2030’s or 40’s, but who knows where rh will go in next 12 months let alone 12 years. Fingers crossed but wish market was currently as optimistic as me as they are being very very pessimistic about next year and following given gigantic profits now imho

Rhodium still descending and basket now just over $3000 , down nearly a third. I think it turns out that as our share price didn’t rise as it should have with rhodium earlier this year, it hasn’t fallen nearly as much as one would expect. To me Ths is ultimately a short term share that should do well over next few years but the big questions are how far rhodium will fall and whether right back to a couple of thousand, or if the end of the chip shortage will have it take off again - the nvidea boss just said the auto chip shortage will be over this half, and when the switch to electric will begin to affect our share price in anticipation of returning to being a mainly chrome miner ,

I don’t think the average junior is down 3 fold from the top. This went up too far to fast on hype, now it should go up or down on good or bad exploration news but that could take a while, I am sitting tight perhaps for years in hope news will eventually be good

We’ll the aren’t you lucky. You can buy lots more at 50% off due to lousy profits this year and wait for it to come right like me. In the end fundamentals, ie profits, will out but you can understand the scepticism now

Vicjain. If there’s no good news to report that is not the board’s fault. If they think bad news is coming maybe they should alert us. However I would prefer to wait rather than have a dribble of bad news. To reiterate it is not the lack of news that is the problem but the anticipation of what it will be and we really do not know

Highly unlikely. messrs Hochschild and Bustamente have been sellers

I think it is more supply and demand, and gold is out of fashion, combined with politics, clever Mr Hochschild sold when the shares were 50% higher, always follow the directors imho

Could equally be 6p or 60p but more likely 10p-20p imho, presume lack of news is because management writing hopefully for better results?

MarquessR, quite right that Cey is quite good value now, however looks like gold is about to take another tumble which means it could plumb sub 80p again, of course hope not but I wouldn’t be buying just now as we are in a long downtrend that hasn’t reversed imho

Yes I suppose the price is made by those thinking the drilling news will be good and and make shares shoot up, those who think bad and they’ll shoot further down. Seems finally to be evenlY balanced now as we tread water waiting. Let’s just hope reaction to the next drilling news isn’t like the last drilling news which made shares more than halve.

Also dividend payment date is Weds, so price may pick up a bit in anticipation of that, and divi being reinvested here, as I intend?

Yes I have been hoping around 120 would be the bottom, as the of Jan retrace as you point out, I bought more at 124 not wanting to be greedy and miss out, before the low last week, the spread incidentally is less than a penny now, about .8%, hardly off putting.