George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
...was already priced in.
This should be bottom. The silver price rise that is happening and progressing should keep profits in line and grow them even with lower production.
However yes I was wrong on my last post. Blackrock reduced their holding.
The bottom must be in...
Reaction overblown. Revenue for last quarter could be as much as 20% larger than previous quarter due to average gold price being around $1450-1500.
Word.
The 2016 support level of 575 held like a dream. With Silver about to explode higher I would imagine this will be the last time you see the 500's ever again. Not brave enough to average down though (if only I hadnt just bought a house).
In perspective these results makes sense. The silver price was back below $15/oz for the majority of the first quarter after being up above $16/oz the first quarter the year before. With inflation and higher costs this has led to really terrible results, however there must be balance and when silver gets going again, Fres will fly. However that is probably a lot further away now as a result of these results.
It could go as low as 735p. That's where the long term upward trend support line resides. Provided we bounce off of that we should recover quickly, especially as the silver prices is in a bull market. Gold silver ratio is getting battered, which is great for the bull market of precious metals. Look at Centamin, they had a cautious mining production statement and nearly 4 months later they have swung down and rising back up to where they were.
9% drop for a less than 5% drop in production in an environment where bullion prices are rising. Oversold. Wish I could buy more but I've already overpositioned myself in miners to the point where it'd be silly buying more.
I am disgusted with George Morris and Satu Vainikka.
Selling a pipe dream to average joe investors.
Theranos of AIM.
nearly 5 years ago, it was the period of peak optimism for this company. The company had just consolidated its shares and the price went up 100% following this. I was sat on approx £10,000 profit. In my greed I kept my money in only to watch the share price drop, year after year after year as they handed out countless warrants and placings with me eventually making a huge loss. This company does one thing and one thing only. Rip off its shareholders. RUN! RUN FOR THE HILLS!
Run away from this share. It's for the dogs.
when this was oversold a couple of months back...
Good news!
Gold is technically poised to break above the $1375/oz area. Once that goes it won't be long before $1500/oz is reached. Gold recently reclaimed it's 2016-2018 upward trendline and therefore the bullish trend is back on track.
Expect the gold and especially silver miners to around double in the next year or so.
Gold is technically poised to break above the $1375/oz area. Once that goes it won't be long before $1500/oz is reached. Gold recently reclaimed it's 2016-2018 upward trendline and therefore the bullish trend is back on track.
Expect the gold and especially silver miners to around double in the next year or so.
Gold is technically poised to break above the $1375/oz area. Once that goes it won't be long before $1500/oz is reached. Gold recently reclaimed it's 2016-2018 upward trendline and therefore the bullish trend is back on track.
Expect the gold and especially silver miners to around double in the next year or so.
for PI's still in this share. Some ex. holders did put up warnings on this board, myself included. This company is the pits. Genuinely sorry for investors underwater here. They will never produce a deal, it would have happened already.
...After a precipitous decline from 6p. This company is an absolute disgrace and does NOT value it's share holders. They are here for one thing and for one thing only. Their own salaries and to squeeze the shareholder for as much as they are worth until this holy grail of a deal comes through. A 16% share price increase means nothing, as the spread is 15.38%! Also be warned good news in this share often means a placing is on its way. AIM is the devil for investing.
Here's hoping mate. This is just what the charts are telling me.
I fear we could see HOC trading near 120 to 130 before this gets better. Gold and silver taking a beating as the Fed continues to tighten as the Trump tax plan continues the growth illusion. It's all going to crash at some point, but it looks like this has been prolonged for another year.
Hi guys,
Based on the rising trend line, dont be suprised to see this trading in the 90p area. Gold taking a beating until the Fed reverses course on tightening. Trump's tax plan has extended the pain for another year.