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Would also suggest World trade is temporary down with trade deals to come with the USA and China who are both not helping their own economies.

Some would prefer to sit on cash.

However Chia recently announced increased purchase of Gold, so demand is still there..

I feel this is a temporary situation we are in which no one can predict. The uncertainty will help us longer term.

Amazing when I look at H&L site and see we are up 65% in 6 months and Stock talks about shorters??

They are not stupid. It would be very silly for them to come in here without anyone knowing tonight's vote outcome.

I would suggest the small fall today is more to do with the strength of sterling.

Most market makers actually feel the Uk will be now able to show strength and are looking at the vote as good news rather than bad which again is more likely for miners to suffer today, but I would suggest the views will change. I am happy to stay here, we know talks are going on behind the scenes for Acacia and they still produce nuggets.

Hi O, I totally under estimate this market at times and I am not so sure about falls.To begin with I thought so and as Sterling was falling thought we would do well with Gold, however Sterling now appears to be level,pegging against the Dollar, and the FTSE futures are up? I can even now see GBP rising against the Euro.
I think the Market might be more afraid if it feels Corbyn is to get in, but I have a feeling the Conservatives might get now rallying and the Ulster Unionists may get back behind them too. It will be an interesting couple of days, but I do not feel we are in a bad place here to be honest. We appear to be very resilient with Aca. .

Not surprised by the above what with the govts massive defeat in the Commons. Gold and other USD commodities likely to increase.

Oils up after the Govt massive defeat on the Brexit vote tas sterling falls. This could be good for Premier.

Brent currently up 2.32%. lets see what the night brings us.

Yes over 30 years ago I found the same. Bought a house in the Country and then with my wife starting driving to a station nearer to London (17 miles away) (both saving on our train fares). Then when the house prices fell early 90's bought our house in commuter belt after using the equity from our first house in the Country. It was a struggle at first but it soon worked out when we decided to move out again and bought a house in the Country that doubled in price in less than 8 years. Some good areas to live are based on train connections it seems. Chelmsford will have another station soon, Colchester is developing and the Thames /Kent gateway could be good places, if based around London. Obviously you will not be able to afford, Brentwood, Chislehurst or places like that at first. Good luck you sound like you have a wise brain anyway.

Dimi, main thing is keep healthy, take every day one at a time and enjoy life..

Money is not everything. I only go on here as a hobby really.

That said like you I hope we can stay around here on price as surely this whole storey will have a happy ending soon. I will probably then miss coming on the Aca LSE site and need to find another share to devote most of my time. Good luck to one and all tomorrow. .

BB- You are certainty right in that on the daily chart we were drifting down to £1.90 and then within five minutes we shot back up to £1,93 as close.

I was only really mentioning the shorters to show a trend, but sometimes this always brings out comments from the negative conscience side.

On a positive side I wonder as Newmont got away with a smash and grab do they see advantages of investing the surplus cash they had available in here?Interesting competition could then develop for Aca? Only a thought?

Stock- Also make note that the shorters have gone, no listing shown at all on short tracker.

As a shareholder you should be pleased they have changed their minds and are now supporting rather than wanting the price to go down by negative sentiment.

China trade will get better when a deal is done with the USA, if not the Japanese and Chinese will buy Gold in any case for a safety stock. .

As we know "walls have ears" and so do big elephants!!! We know there are big probs in the States but the Far Eastern markets see Gold as a safer haven at the moment. Gold still up on the day. Could see over 1,300 an oz tomorrow.

Is that all the shorters have declared they have no holdings on short tracker, or indeed their holdings in shorts are so insignificant that they are not even recorded. They have obviously got out before the steep rises expected and this must be a vote of confidence in Acacia.

Yes agree if you think even under all the pressure they are producing cash - we have not so many worries here after all.
I can see the Gold price going over 1,300 as has been said and even higher with everything going on, (political uncertainty, pound could fall, dollar is also falling however which helps Gold with less likely Fed increases). To be honest this share has not been as volatile as other shares (including oils) and we all see as does Barclays more upside potential than downside risks. The downside dispute is also supported by the G.O.T knowing Acacia are quite willing to go to arbitration to protect their position, and upside we have Mark Bristow (a very clever move by John Thornton).

Y

Pat nice one yes I'd be happy for a nice flat 6 £ with ACA. .

I did have 911 S but found it a bit slow so swapped it for a CL65 AMG, which in a straight line was a lot quicker but that has now gone -shame I wished I'd kept it really. I learn't with all cars they all depreciate and better off in shares. All of my motors are old like me now.

Yes BB -I have made a little money on buying oils, Premier, Tullow, Cairn, you name it, I bought it when everyone else said sell. The price of oil went down and then I knew it was time to buy. The Saudis need the price to be higher to support their spending, afterall they cannot rely on Camel breeding can they. They do not have green fields for farming do they? The Tanzanian govt need a deal too. They want Canadian/US, Chinese investment too. However next week we have a big Brexit vote coming up so there in my mind is no safer place to be than here. If a deal is not done we have uncertainty. If a deal is done we have increased trade, if a Chinese/USA trade deal Gold and the other commodities will rise. If you sell here and wait for the price to go down you may be left cold, as soon as a deal with the GOT is announced this thing will fly and it will be too late to get back in. Last time it was felt a deal was done the shares went up 40% in a day. Remember the Aca management also have options so the price will get a "Supercharge".

www.bloomberg.com/news/articles/2019-01-10/goldman-predicts-bullion-prices-to-climb-to-highest-since-2013

www.bloomberg.com/news/articles/2019-01-10/goldman-predicts-bullion-prices-to-climb-to-highest-since-2013

One thing Mr Trump will find is that in the sea his steel wall will rust. However for PMO the future looks good. Perhaps on the well heads they can also use POS-GRIP -Plexus technology.

As MW are the shorters, the bad boys and MB is the good guy coming out to save us all.

We will get to a conclusion very soon I am now sure. To be honest with you Acacia have done far more than they have needed to in Tanzania regarding their wast on site, as they have even built a whole new fresh water system for the local community that is monitored on a daily basis. The press office contact I have in the company told me this months ago. .

It does seem as if we were getting support this morning and were moving well above £2.00 a share when the announcement came out to pull back the price slightly. I wonder if the GOT have a vested interest in keeping the share price down to somehow get more leverage. i.e. Didn't the new minister suggest previously he felt the GOT should be taking a share or interest in the mining Companies? If the price is lower their % will be greater if as a result of any agreement the price suddenly rises. I feel therefore we may be in the end game for a decision to come out soon. What I mean by soon is the next month or so, certainly in the first quarter as suggested by Mark Bristow? Only a thought.