Highland Gold Mining Ld Share Discussion Threads

[srpactive] 29/12/2016 16:30

Clever money getting back into gold and related.

dyor

[dilbert dogbreadth] 29/12/2016 16:13

SS Rat all gold producers have a certain amount of leverage to the gold price, high cost producers hAve a high leverage to the gold price and low cost (Hgm) less so but none the less they do have leverage. So I think it is reasonable to assume Hgm will be able to at least maintain their divi as a percentage of the share price.
That being said I think it is prudent to expect Hgm's cost to rise due to the strength of the ruble at present.

[srpactive] 29/12/2016 12:01

The dividend would rise in tandem, and paf would
increase, I am basing the figure more on hgm
being acquired by Mr. Abromovich and other Russian
investors as to ensure less US influence. They do
not need a listing, Russia is buying all
their gold and the HGM investors could easily take
this private or another large Russian gold miner
buying them.

I do not think the US will raise as much as expected this
giving the market reason to disappoint and end the dollar
surge, gold will rise alot over the next few years.

dyor

[stainless steel rat] 29/12/2016 10:55

I don't post much but do own some HGM and PAF.

If HGM did reach £4 ish would this assume a substantial rise in gold as well to achieve this price? If so would we also assume that dividend yields would have to remain around 4% relative to a price of £4, about 16p a share?

Any idea where gold would have to be for your year end target.

Also if this did happen would PAF introduce an interim dividend?

Just thoughts and questions, any replies gratefully received.

Regards

[srpactive] 29/12/2016 08:25

Back above all the important averages, the last time we did this
was in February 2016 from which point we trebled, I am expecting a challenge
of 142-143p very soon.

Year end 2017 target 420p.

dyor

[pixi] 28/12/2016 17:28

This is just the start.

[sawadee3] 28/12/2016 14:44

I'd be quite content with another year of doom n gloom headlines, pessimistic financial commentators and general uncertainty. Just as it's been in 2016 :-)

God bless the nay-sayers, you've done f@@king wonders for my portfolio :-)

Happy days chaps :-)

[dt1010] 28/12/2016 13:56

everyone is waiting for the dollar to drop you;re not the only one ;)

[pixi] 28/12/2016 13:00

I think this lot is going to take off next year when the American markets rols over with the $ at a 14 year high.

[fangorn2] 28/12/2016 11:49

Inflation coming thats for sure...of only to erode the eyewatering national debt mouyntains which continue to rise!

[pixi] 28/12/2016 10:29

Great day for gold and silver miners.

[srpactive] 28/12/2016 10:09

corrected, apologises.

[garycook] 28/12/2016 10:05

srp,$1,400 correct not £1,400 ?

[srpactive] 28/12/2016 09:03

Mr Trump will be moving into the White house in a few weeks,
so the clever money is in and ready for the challenge of $1400,( sorry )
aimho.

dyor

regards

active

[sawadee3] 28/12/2016 08:51

2017 looking to be a great year for Gold chaps :-)

Maybe one final shakeout if we're lucky. I will be taking advantage if we do :-)

Happy days chaps :-)

[dilbert dogbreadth] 23/12/2016 10:13

Can someone post a chart of the ruble. Sorry don't know how to.

[sawadee3] 23/12/2016 08:31

Great way to end the year chaps :-)

Happiest days of our lives :-)

[garycook] 23/12/2016 02:28

srp,That is correct.

[srpactive] 22/12/2016 21:19

Okay, although paf are one of the lowest cost
producers going.

regards

[loganair] 22/12/2016 16:38

srpactive - Over the past few years it seems to me that many of the mines in South Africa have been plagued with industrial disputes with their workers and on the whole South African mines have become some of the most expensive producers.

However, the Chines have been buying many mines, espically in other African countries that produce other comdotities.

[srpactive] 22/12/2016 15:55

Thank you again, the countries the US are trying to hold
back, Russia and China are buying gold hand over fist,
so the US will try to hold gold down, aimho.
I am surprised Russian or Chinese companies are not
buying SA gold miners whilst their share prices have
fallen to very low levels.

dyor

[loganair] 22/12/2016 15:50

srpactive - further to the Russian Central Bank November gold purchase:

“It is clearly taking advantage of the lower gold price to do so, especially since the strong Russian ruble makes gold even cheaper in local currency. In recent months, the gold purchases of the Russian central bank have presumably put the brakes on the gold price slide,” said Commerzbank.

[garycook] 22/12/2016 11:15

Good for you trt.Are you buying at 115p ?

[trt] 22/12/2016 10:44

Day by day the £1.15 level is getting closer

[srpactive] 22/12/2016 10:43

Thank you.