Member Info for Supercharger

Most miners down today, infact I thought Acacia held up rather well in the circumstances. The Copper miners took a big hit today, bigger than the Silver/Gold miners. I also know our far Eastern friends particularly in Japan prefer buying Gold when there is no interest or growth on their funds, so lets see what happens overnight.
Knowing our luck when we least expect an announcement and when at the wrong time it will happen. By the way I thought Hochschild's results looked quite good in the finding of new Gold from the Brownfield sites inherited.

Will make imports cheaper into the US but their exports will be less competitive. If the dollar falls which it must be eventually then the imports will rise in cost and so will inflation. Either way I can see the Gold price coming back. I have seen some have put their money in bitcoin as a hedge instead of Gold but I know where I would prefer to invest.

The Gold price may have fallen but the USD has risen although today it is struggling to hold back a slight rise in sterling;. As we know a strong dollar is good for the FTSE Comps generally and should help FTSE miners.

Stock, people also buy Gold as a hedge against inflation which has the effect of devaluing a currency. I have a feeling the USD is seen rather as a safe haven (until inflation gets higher) probably as a result of the Turkish problems, however trump is already now talking about currency wars and is willing to start selling dollars to devalue the currency, and so again Gold could pick up -lets see what happens, either way i would prefer to be in USD or Gold rather than bit coin! Trump is also op;posed to the Fed putting up rates!

Franky suspect as do the others that the Gold price will start moving up soon. What with the USA issues, rising rates and inflation due to higher tariffs we also now have Turkey crashing, and many will seek a safe haven.

For KD he is still in the top seat at Acacia and the easiest thing for him would have been to have written a joint resignation letter to Barrick and Acacia but he hasn't for some reason. He is staying on for the reason we do not know but that reason must be a good one for him otherwise he would have left. The stock market is looking at this too and this is the reason for the increase as the market is shifting towards a strong buy - about time to be honest!

So best of luck if you are an advance seller or if you are a shareholder I do not mind what other people are doing either way and I am in to esure and have done very well today - so I am in a good mood! .

Observation - Is this the reason the Chelsea Chairman sold his Copper mine to Kaz? Bloomberg refers to a Putin Aid suggesting large tax concessions on Miners in retaliation for sanctions on them? -Only an observation which should not affect Aca. In fact will make Aca a share to consider instead of Kaz.

I can see the shorters taking a real hit if/when we get an announcement and surely they must realise something is going on. I suppose they are thinking whatever they lose in the short they can win it back by trying to get back in the Gold rush early doors. I would then like to be a fly on the wall in their offices!!

One or two very nice round numbers going risk on today. Does someone i.e. B/Rock have a tip off? Interesting how they fortunately increased their share the day before we had the positive announcement last time.

The fact KD is still Chairman means something is happening and anything is better than where we are with the SP. I find this current situation to our benefit and certainly are not selling my shares.

KD must be at the centre of something going on as after all it appears Barrick are happy he is still Chairman of Acacia too. I can see something happening this month if not this week.

I still feel a working arrangement could be found between the two Companies if they do have the smelter up and running as this will certainly solve the Composites issue with the G.O.T as it will determine through the smelter process who was right on the quantity of Gold actually in the pot - so to speak!

I was reading up on the history of the Anglo Gold Ashanti mine "Geita" in Tansania and when the mine was being expanded after the WW11 they have "used a smelter for their production" which is exactly what Acacia need to produce and to satisfy the Govts demands, especially for what is being held in the containers as unprocessed Gold and the main cause of the dispute. I wonder if KD can bring Acacia in to become a beneficiary and the two firms could establish a working relationship or partnership as this will benefit all of the parties involved and enable KD to hold both positions if they are working as a shared partnership?? .....Very interesting!

Still maintain strong buy as I have a feeling something will happen very soon by the end of August. i.e. I feel the deal will be concluded KD takes up and sells his options and then moves on.

By the way did you Stock and BB have a look at AGK as I suggested. I have made over 20% in the last month on this one and suspect more to come. If Aca can complete a deal I see the new RR Supercharger on order and the Old Overfinch will go to the ploughed fields!! .

Hi Dabbler, yes as sterling is falling this share is being helped as very much an international company. To be honest the Chairman's statements have in recent years been a little bit played down until now so he seems to have surprised everyone with his sudden uplift in stance and projected earnings. As he has always previously played it safe and has been very conservative with his comments, I believe his projections. I am sure the fund Managers will now have this share back on their pensions investment list for now too so it might have a little bit further to run.

I can see another Domino's share buy back coming on. I agree the overall figs show growth and as they are now expanding into Europe obviously they will have additional start up costs.
Who heard of Domino's ten years ago, now they are everywhere. Like Ocado a very good investment this one.

Stock did you get a reply from the press office at ACA do you see what I mean he is staying on at the moment. In fact he has less of a conflict of interest now with Barrick than he had before. I still feel he will stay on to see the deal through as he stands to gain a tremendous amount out of his options.
It was interesting to see how Tesla have tackled the shorters yesterday by announcing a potential buy back and putting the Company into private hands. I understand the shorters on Wall St. were in panic mode yesterday. Good idea therefore from you BB about ACA using some of the freefloat to buy back shares as this will give them something to think about over here too. I understand Domino's Pizza may be thinking about doing the same thing with a share buy back, as they have also done this before!

Currently powering the Euro Olympics and now also awarded the Sept 2018 Ryder Cup Contract.

I see this share now returning to Financial Houses buy lists after the Chairman's statement of double digit mid teens growth earnings by 2010!!!!!

Hi Stock yes good idea, it is always best to follow up on your own thoughts/ questions building up a knowledge base. Also suggest getting registered for all of the releases - so you are advised as soon as there is any action.

BB interesting share AGK it really has fallen for the last few years from about £16 a share and looks good value if it is true what they are reporting, and I can see tremendous growth potential if they can move into the recharging of cars market. For Kaz the Chelsea chairman has done quite well and he is a very clever business man -so is the timing good or have his advisers told him politically it is time to sell up with tensions rising on east/west trade?

I have found over the last year or so the Investors press office very helpful. If any any doubt write in to them. I have found also the investors open casts very helpful too, if I write anything here it has come from someone reliable and familiar with the matter at the time of my writing as I do not rely on anyone else. As such KD is still the Chairman. .

I will wait for Kaz to fall further as I feel they are still too expensive for me. I will have a look there later if they come down to £2-£3 levels again. They do take hit whenever the Chinese turn against the USA I suppose due to the chances of less productivity needs. AGK also are worth a look as they mentioned "mid teens year on year earnings from 2020", shareholders comment was made by a very conservation CEO from past broadcasts. They must have long term power agreements in place and have said they are working towards providing the modern need for portable power including for battery driven vehicles?

Uncrossed trade after Bell on books at £1.4million -woirht watching this one. Could be a fund manager as many are now in this share and they are covering it like a rash!

I see him staying on for the time being at least. His position will not be one that is asking him to serve a Months notice. he will have to give his notice from his position due to its seniority some time in advance and according to my last communication with Acacia last week he has done no such thing and continues as a non ex Chairman and Director of the Company,
I do not see a problem with this,

One to watch this one as underlying profit is increasing and mid teens % increases year on year expected by 2020 onward's. Looks like a very good share to own for a growth account.