Highland Gold Mining Ld Share Discussion Threads

[bigdazzler] 30/8/2016 16:11

I'm hoping for a fall towards £1.00 for a buy.

Very confident in gold long term and this company.

It's not company specific most metal/ precious metals commodities have taken a bath. Just sometimes a bit of selling pressure can push a price too far which is why I'm holding off at this stage.

[srpactive] 30/8/2016 15:52

And silly season continues.

[celeritas] 26/8/2016 16:59

I agree pixi, like .25 or .5 will make any difference anyway. I have no idea what all the fuss is about it. The world binged on debt with most interest rates going down and even negative, why the Yanks want to talk it up I have no idea.
I'd like to get it out the way mind as she just keeps promising it the pulling back, complete indecision and says to me she just isn't sure its worth it but must go through with one rate rise or she'll look stupid.

I think gold will end up over 1400 this year and maybe close to 1500.

[pixi] 25/8/2016 20:03

On Friday 5 August, the BIS (Central banker of central bankers) dumped a whole load of paper onto the markets, which took gold down from $1363. Doubtless they are at it again to get their banker pals out of trouble.

The last time Yellen hiked interest rates last December, the financial markets went into free-fall in January and gold took off like a rocket and smashed out of it's downtrend.

Is she going to repeat history? No.

As for Putin (and Nato Sabre-rattling), that will only help support the price of gold.

[dilbert dogbreadth] 25/8/2016 15:12

What reports logan?

[celeritas] 25/8/2016 14:50

News like this doesn't help, who knows what Putin will do next.
Of course they're no russian military in East Ukraine.
I can see why he wanted Crimea but Ukraine main is a different prospect.

[panic investor] 25/8/2016 14:50

pretty good reversal here so far today

[loganair] 25/8/2016 11:28

dilbert - Believe me it is the Chinese dumping the paper gold as they were doing it earlier in the year...it was written in many reports.

[srpactive] 25/8/2016 11:13

With all gold miners being hit, it just makes the case
for consolidation more inevitable.

dyor

regards

active

[srpactive] 25/8/2016 10:30

The market is making a right meal of this.

dyor

[haywards26] 25/8/2016 10:30

Just topped up. If it falls to £1 I will add more.

[trt] 25/8/2016 10:09

Could well see £1.00 before a slight bounce

[dilbert dogbreadth] 25/8/2016 09:51

we should bounce here

[dilbert dogbreadth] 25/8/2016 09:49

Results soon and bear in mind they have barely touched the gold price.

[srpactive] 25/8/2016 09:41

I think one word sums up all this silly gold mining
sector sell off, really. Quarter profit taking.

dyor

regards

active

[shayadfn] 25/8/2016 06:40

Looks oversold, so I'm looking to add further over the next few days, N.B. This is not an encouragement to buy, sell or hold this stock.

[wilco1000] 24/8/2016 22:00

Hopefully positively worded outlook in the results should give the price a boost. Gold has slipped slightly but in no way enough to justify a fall to anything like 100p. Stranger things have happened of course.

[pixi] 24/8/2016 20:10

I bet it's the Bank of International Settlements, the central bank for central bankers, dumping paper for one of it's client banks to get them out of a hole. The same thing happened the other Friday. But what goes down also comes back up just as rapidly, particularly when the markets start to crash from artificial high levels which have been levitated by central banks to convince everyone that everything is alright. Peeps will dive out of stocks and into gold for safety.

[dilbert dogbreadth] 24/8/2016 17:20

Probably meet at 10kceleritas but it all depends on how much they're gonna print

[dilbert dogbreadth] 24/8/2016 17:18

Who says it's the Chinese? I very much doubt it. We know who it is and they are above the law.
I just wonder whether this concerted effort is because they won't be raising rates and Hellen will be telling all but they need to get it down beforehand so it doesn't break out

[celeritas] 24/8/2016 17:13

In 1980 you could buy the dow with 1.29 ounces, Its currently around 14.
Now if gold was to reach near parity with the dow it would either have to go on a hell of a run or the dow would have to drop close to circa 1400, lets just meet them half way.

[celeritas] 24/8/2016 17:01

Could be log, get rid of the toilet paper to eventually buy the real stuff.
I can see some downward pressure now with Yellen looking to raise rates, lets see what Friday brings.