Member Info for Tornadotony

This is highly useful and gives an insight that 3 years from now how the acquisitions can deliver huge growth for AAZ. The share price will recover any future inflation worries in the meantime as they become a mid-tier copper producing company. Its buy and hold like my HZM holding and probably RBWR.

I have made a request to have a presentation if possible by end of September. I am hoping that George can include small contributions from one or two other people in his team covering specific issues where they have done the actual work. I have raised what is happening with the Burundi mine as well. Tony

The filter advice is excellent.
I mentioned we could be retreating into this territory and how difficult it is to buy into it.
We have different beliefs on the outlook, we have different responses to investment stress, we are in different personal circumstances and we have taken on board different levels of risk.
We have different types of humour and different levels of meta stability and we each have different skill sets.

Folks here are getting tense today so lets cut each other some slack. I did say we may hit a time for some of us to hold our nose and just buy. I am using technical charts as to when I go in as that is all I have to go on.

All the best tomorrow and lets hope it bottoms out early in the morning and the share then goes on to recover some ground and ends the day in the positive. Tony

lovelyboy,

I absolutely agree with you how the whole sector has to operate in the semi dark because of the antics in China. I also note the entire sector is running late and so is the delivery of governments on their climate protection agenda. I will hold my 4% position in my portfolio in RBWR. I also appreciate the sector is getting hit from pillar to post. What is important is for George to give us a perspective that he is not being a perfectionist and that work achieved thus far has given a material edge on costs that is far more valuable than the time it has taken to date. Basically he sells the story a bit differently and he does need to update us next month. Getting a notice of a presentation 5 weeks from now would be good enough for me. All the best to you. Tony

Looks like GDX is currently catching a hospital pass take down this afternoon. GDX and Centamin sometimes follow similar chart patterns. 91p handle should hold for today at least.

Support lines at 56.1, 55.2 and 53.4p. RSI on daily was down to 37. Most other indicators have hit or approaching oversold. Holding 55.2p creates a higher low in the chart. I said Thursday could be the bottom. I might be right on that after 3 days on zero slow stochastics. Eventually selling gets exhausted.

High 90's was $1840 gold. $2,000 gold is a much higher price but I do not see that in the next two months or so.

Palladin

I totally agree with you. I still hold 3% of my original holding. Since February, I have recovered some of my Synairgen losses elsewhere, mainly those shares I bought when a spouse purchased that encouraged me to add a bit more.

What surprised me was this company was based in a Biobank facility and the protocol included the banking of blood samples that was absolutely critical. It would have been possible through genetic sequencing to determine which patients specifically derived a benefit from their medication as it would create a test for prescribing in a clinical setting. It would have then been licensed as an orphan drug and retained the company valuation at around 200p or so a share. Instead they failed to deliver it through the agency running the clinical trial. It was incompetence and hence why I disposed of most of the position. The CEO was pushed into bad decisions by the academic board and hence why I do not blame him for most of what happened. Academics gave unrealistic expectations on clinical trial timings to shareholders and that was wrong. Tony

People would actually look up around them and talk to real people again and develop some interpersonal communication skills, learn to add and subtract and actually watch where they are walking in the street.

Absolutely Slater, at best I will keep the divis and breakeven on this one. (only 2% of my portfolio).

For UK holders its 1.16p divi. The report could have been a lot worse. They expect a production uplift in H2 that is 25% greater than H1. 2023 could be a challenging year for HOC, but it looks promising for 2024. A lot of the news reported has probably been priced in. Can certainly see why the share price got pulled back to where it has been. If gold rallies HOC can get back to high 90's.

I recall George saying this September was the time real value with be accorded to RBWR. If he misses next month deadline following a long string of deadlines being missed, then I for one will be questioning if this story is just hot air. George owns so much of the company that it may be a hobby for him and not something to be delivered in our life time. So come on GB we need to have some promised results with no more excuses or dead cats thrown on tables.

Cowichan,
Some people have never been in a war. Some people have not gone through a climate event where their home and most of the possessions are destroyed. Some people have never experienced what its like to have no electrical energy and be in a power out situation for days on end. If you had a choice of having two empty margarine plastic containers filled with gold bars or any other kind of pure gold or a digital wallet on an I phone will probably depend on your age, your experience and your opinion of what people will accept in a future world situation. Bitcoin may be great in the world as we see it now, but that is not why many people own physical metals as it is for a real crisis. Tony

That is going lower than 87p in the previous.

The market is waiting for the FED minutes tomorrow. Yes I still think this goes down to 38% FIB retracement and gold futures closes a gap lower down in the charts. The timing to hit fits with Jackson Hole. What may defeat that outlook is the market completing ignoring the FED and do some kind of bull rally in the major indices (DOW etc). I do not see Centamin going lower.

Market awaiting direction from the FED minutes tomorrow.

Currently stuck in no mans land in between.

Resistance now at 94.5p. We have 3 other resistance lines between 95 and 96.5p which is hard to get through.
Support at 92.5p, 91.7p and 90.5p. 87-88p area offers 3 more support lines based upon FIBs.

Government red letters to pay off industrial losses for doing what they are told to do (Hongbao).

A bit like UK Utility regulators and how they behave to the companies they should be controlling in the interests of consumers, but they don't and here in the UK we end up with high bills, inefficiency and colossal waste, appalling business decisions that are short term only and to top it off environmental problems like sewage in our rivers.

The West has to try and avoid its own form of hongbao and protect its interests and infrastructure with sound purchasing and management and also to be aware when China subsidises to block what our nation states should be doing.

1 Hr chart silver support line just gone and gold just hanging on by a $1 when it was $1789. Await to see if shorts open up with new positions on the metals. Centamin to follow gold.

Slow stochastics on zero and daily RSI just 40. Another couple of days like this and will be oversold.