Member Info for TonyFawcett

Great shame the Government tightened up on Bed & Breakfasting a few years ago, when you could sell to realise your loss and use it against your tax, then buy the same shares back again. Now you have to wait a few weeks before you can buy back so you might miss a rise and potential profit.

How long can they hold this back, mostly buys shares SP seems to have stagnated for the moment, maybe we will see 3p before the close .

With Oil up to nearly $30 a barrel , Shell shares up 10% it suggests that US , Russia and KSA are looking like being closer doing a deal on production levels. Dow is up despite Jobless figures , ftse now positive. Green shoots in the fight against Coronavirus, hopefully will be reflected in BLOE SP

Shell & BP shares flying, leading the ftse , up 9% & 7.5% respectively. Oil price up nicely. If Bloe dropped as a reflection of the Oil Price then it should start going back up again .

Shell leading ftse gains again this morning as oil price continues to recover.

It Won't be a Parabolic Rise but $10,000 Gold is Coming - Jim Richards

Goldman Sachs have forecast it could go to $20,000 oz within 5 years reaching $30,000 oz in 10 years, which is pure speculation of course . One thing is certain with figures like this being banded around then it won’t be going down in the medium to long term, or the short term for that matter.

Could be $3,000. - $4,000 an ounce within 18 months they reckon.

Shell are leading the ftse gains today after securing a £10bn line of credit , demonstrates that the lenders view the oil price with a longer term view.

Under the circumstances all employees should be furloughed unless if these people are so clever why can’t they come up with a vaccine for CV19 ?
Then the shares would go up !

Trying to buy at the bottom is like trying to catch a falling knife at the moment, not that I am wanting an RNS in these markets but results and gas sales should be in this quarter , I am taking a longer term view on this now until general market sentiment improves which might be sometime, however I am sure we are near the bottom as far as the SP is concerned. It s hard to predict any share price at the moment never mind the market . Good Luck all and above all stay safe.

Dear Tony

Newcrest earns 40% interest in Havieron

Newcrest Mining Limited has today released to the market that it has now reached its Stage 2 farm-in milestone at the Havieron Project. In accordance with the terms of the farm-in agreement, Newcrest has earned a 40% interest in the project and has provided notice to Greatland Gold Plc that Newcrest is proceeding to Stage 3.

Please download the attachment or click here if you wish to view a copy of the full release.

Regards,



Christopher Maitland

Head of Investor Relations & Media
Newcrest Mining Limited
Level 8 600 St Kilda Road Melbourne 3004 Australia
T: + 61 3 9522 5717 M: + 61 0439 525 135
E: chris.maitland@newcrest.com.au
www.newcrest.com.au

You could be right the BBC page agrees with you , very strange.

HL Commodities page

17% according to HL site, that’s quite a sharp rise Neil

Oil sharply up today , Russia , Saudi & US thought to be getting closer to a deal to lift oil prices by cutting production

With further bad economic news to follow and investors looking for safe havens, the wider market is unlikely to recover for another 18 months .
I predict Gold prices to hit between $3,000 and $4,000 dollars an ounce by the year end.

As I am not planning on selling for quite a while knowing the huge potential of BLOE , the SP is irrelevant in today’s markets and we know although these valuations are ridiculously cheap they will recover in time given what we know. Any dips should be a buying opportunity.

Goldman Sachs predict Gold could rise to $10,000 - $20,000 an oz in the next 10 to 20 years. The future looks Gold , I believe it may climb much quicker given the demand and the collapse of Stockmarket's over the world and the desire for safer investments.

Gold sharply up overnight as Far East markets fall further and Oil trades at an all time low, worrying time but asset rich Companies are well positioned to capitalise when markets recover in 6 to 12 months.