Member Info for tony_currie

What kind of investor are you? Everyone needs to ask themselves this question and stick religiously to your answer.

1) Fundamentals - Buffet type, the following applies "never buy a share you aren't prepared to hold for 10 years" and "be greedy when others are fearful" - EUA looks like a a be greedy right now.
2) Noise traders - often have poor timing and over-react to both good and bad news. In reality, most people are considered to be noise traders, as very few make investment decisions solely using fundamental analysis.
3) Sentiment Trader - seek to identify and participate in trends. They do not attempt to outguess the market by finding great securities. Instead, they attempt to identify securities that are moving with the momentum of the market.

All are valid investment methodologies. As Charlie Munger himself says shorting selling is only for half a dozen of the worlds best investors.

Just a reminder for all none shareholders what a great investment Cora is. Cash rich, funded and fantastic grades. Resource upgrade 2H2021 and DFS 1H2022.

Excellent school report!

Second day of substantial rises, EIA approval imminent and will be a game changer for SAV share price.

Article on the EIA and expected outcome have residents accepted Lithium is the way forward?

“Portugal’s government, however, is pointing to the big picture. Three years ago, it adopted a multibillion-euro national lithium strategy. It keeps dreaming of a Gigafactory and a refinery for processing lithium ore”… but whether this will actually happen is “uncertain…”

“the Portuguese government expects work on the mine(s) to start as early as next year, arguing that natural resources are a common good and some sacrifices have to be made”.

Full article - https://www.portugalresident.com/lithium-wars-passionate-citizens-battle-moves-into-european-spotlight/

Market Makers - they have a bad reputation often accused of manipulating markets. Their main function is to keep shares liquid and trading they do that by altering the buy and sell price and the spread between the two. In my opinion they are just doing a job (while making a profit) far worse are people shorting shares in order manipulate the price. Some big intuitions like Blackrock are often accused of this.

Turner Pope note in June a predicted increase in resource, all the Assays since have more than matched the expectations.

"In the medium-term Cora has a 1moz to 2moz Au Exploration Target for the project"

That gives Cora a 1.2 to 2.5 billion pounds worth of gold in the ground.

Yes this the one to mine,

· 103m @ 2.1 g/t Au from 46m in Diamond Drilling ('DD') vertical metallurgy hole SD0023 - Including 11.5m @ 7.45 g/t Au and 11.5m @ 7.12 g/t Au

Also confirmation drilling finished (thanks Iaintittle) and so far reported on 77% of results - I guess that's another 2-3 RNS's to come!

Great results again from the 11th drill - highlights are :-

8m @ 6.60 g/t Au from 87m in SC1016
7m @ 6.60 g/t Au from 65m in hole SC1018

Good opportunity exists to consolidate a single +3km pit at Selin with positive results in the central area of Selin with no current pit shell

https://www.coragold.com/investor-announcements/

Lithboy - Wall Street Investor is known for using an automated algorithm to predict prices. It gets things wildly wrong and doesn't take into account any upcoming news

Iaintittle - who are your spies? do you have company contacts?

Great research MAC4671.

Polyus Gold (PLZL) besides being a subsidiary of Norilsk Nickel also fit the MkCap of the company involved in the take over, this was stated by the BOD as a £22billion company, current MkCap of PLZL is $25,219m. I researched this at the time and no Japanese mining companies fitted this criteria. As of June 2021 Polyus have a revenue of $780m and cash in hand of $1.53 billion with debt of $2.36 billion.

Doesn't really tell us how much they are willing to pay for EUA though :-)

Here's a reminder of what we all thought 8 weeks back - now so much closer.

The theory is that groups make better predictions than individual's - lets hope so!
Thank you for voting everyone (25 votes cast) here are the average predictions.

Happy with = 75p
OverTheMoon = £1.97*

*one vote excluded for silliness £35

I tend to agree about Motley fool articles, however they have a lot of freelance writers some better than others. As already mention all about the EIA and I can see the share price doubling very quickly if we get approval.

Gold up and RNS nailed on for next week!

Like this bit from the article.

"For a five-year buy-and-hold investment in Savannah, I expect that a rather pleasant return would be waiting by 2026 and that a ten times return may even be possible. Whilst that may seem outlandish, my prediction is that lithium prices will quickly enter into a self-perpetuating bubble as demand surges far more quickly than mining capacity grows. I also predict that this will stimulate large-cap miners to buy out smaller producers at high prices."

https://www.fool.co.uk/investing/2021/09/01/does-ev-demand-make-lithium-less-speculative/

Swing from Tech to mining - Savannah mentioned.

https://www.fool.co.uk/investing/2021/09/01/does-ev-demand-make-lithium-less-speculative/

Next RNS is now overdue - probably down to the Bank Holiday. The BOD do like a Friday RNS?

Likely to be confirmation of excellent grades already discovered!

Here's a reminder of what we all thought 8 weeks back - now much closer

The theory is that groups make better predictions than individual's - lets hope so!

Thank you for voting everyone (25 votes cast) here are the average predictions.

Happy with = 75p
OverTheMoon = £1.97*

*one vote excluded for silliness £35

People piling in - expecting an RNS tomorrow as Wednesdays are the preferred BOD release day.

CORA continues to impress, Turner Pope note in June predicted increase in resource, all the Assays since have more than matched the expectations.
"In the medium-term Cora has a 1moz to 2moz Au Exploration Target for the project"

A good chance of a RNS dropping tomorrow morning before the bank holiday.

Friday's and Wednesday's are favoured by the BOD.