Member Info for Tornadotony

Steve

Be on top of these kind of articles https://sahellibertynews.com/?s=burkina+faso+reforming+land+management

and m.miingweekly.com/article/fortuna-exits-burkina-faso Tony

Https://aviation.stackexchange.com/questions/84362/could-an-f-35-really-be-3-rare-earth#:~:text=A%20Congressional%20Research%20Service%20report%20said%20that%20each,systems%20these%20days%2C%20but%20usually%20in%20small%20quantities.

Where the money is now going at this time with any dips being heavily bought.

Jessies Cafe Americain tonight described the West as planet of the apes with the Gorillas in charge with guns and horses and either enslaving humans or just shooting them.

The only share I have a modest investment went up nearly 14% on the UK stock market for no particular reason other then it was disliked by Chinese competitors. Only after the close I find out why.

I consider myself traded out by the tape on Endeavour mining and wish all the very best. Gold is sky high and nothing has really changed with President Panican's latest missive. Tony

Am I correct in thinking that folks have not missed the boat on Pensana and the share price can more than double from here.

Some in the White house can also put their trades on in advance of a statement. They have like an immunity to insider trading.

Many will have stacked on equipment and component supplies. However, for some items the supply contract in the system gets caught up in tariffs and is stuck in a port somewhere. Quite a lot of production risks are coming down the pipeline. A miner can lose weeks of output if major kit is out of use or in the wrong place when they need it.

I gather 95% of Chinese made Christmas decorations for December 2025 were cancelled by USA companies. A lot of money was lost in those contracts.

Pacific ports in USA projecting recession falls in activity from 1 July as warehouse stock runs down. Manufacturing is grinding to a halt like it did with Covid 19.

Fresnillo trading along with other gold miners is very low on opening rally this morning. A possible pump and dump game being played.

Recession getting baked in. Everything falls in a recession including gold. Dollar depreciation accounts for nearly half of gold rise. Barrick Gold closed down yesterday.

Agree. We know they are at it and nothing is ever done on insider trading..

There was a prediction of a bounce today to get rid of oversold signals in gold eagle on Sunday and other sources suggested the main indicies would also bounce. This is a way of getting oversold indicators washed out on earlier time frames. It then sets up a deeper retreat for this week to deliver a bottom by end of April.

Financial regulator of USA markets was questioned if they would investigate insider trading of politicians and those in the White house for shorting the market and selling their share holdings before tariffs were announced. Regulator confirmed if such activity is taking place that a full investigation would be undertaken as insider trading.

Took it off to early as the news on Trump considering pausing tariffs bar China. Considering of course may be a rumour.

Just took it off as a day trade.

5% back in this morning.

Somewhere in the past, I recall that the expectation was that the share price would hit around 62p when financing is completed and full blown mine construction was underway. The company enterprise value has to be worth more than the debt I presume. Grateful for comments as I am not sure if my own comment is a deramp or not.

Second average down. Back to original holding.

Export licenses will now be required for materials such as dysprosium, terbium, yttrium, gadolinium, samarium, lutetium, scandium, and their various compounds.

Agree that tariffs won't have any impact. How would anyone know where it comes from after diverting through a few ports stored for a bit and then re-exported. The only reasons for the pullback are two fold. 1 Everything currently is eventually going down if not already. 2. George is taking his time yet again delivering perfection, but is now in my opinion the last patient wait saloon.

Steve

I believe it was closing gaps to USA /TX market, but the down trend will be quite significant on gold. As an example 30% of all jewellery (mainly gold content) sold in USA comes from India. Other parts of Asia all produce jewellery with gold content. India is hit with 27% tariffs and other countries are even higher. The jewellery market is expected to get hammered and they are already prepared for a slow down in trade running into billions in the USA market, they also believe a USA recession just got baked in as a self inflicted hit. The jewellery trade may now be cancelling gold future contract orders for delivery in India to make product for USA. The gold price would need to decline to $2340 to be priced at pre- tariff levels for that market sector.

The person who designed the tariffs formulae has no idea what they have done. All kinds of ramifications are arising in the market with significant feedback impacts in the USA. Hence why the equity markets are falling back. One of the jokes is how much a cup of coffee out will cost as USA does not grow coffee beans.

I was planning to go back into NG a couple of weeks back, but the Heathrow fire put me off. Looks like that share has held up as a genuine safe haven. Unfortunately for Endeavour gold demand for several weeks is likely to pull back and at some point everything could be on a retreat.

I will be signing off for awhile and will drop my next line when I decide to return to the market.

All the best to all our readers.

Tony