Highland Gold Mining Ld Share Discussion Threads

[haywards26] 11/1/2017 12:39

Strong upwards movement here :) Hoping for £2 in the coming months.

Srpactive, the below value investing board you may find interesting. It is very informative with several experienced and intelligent investors posting regular opinions on stocks they hold and others researched etc

[srpactive] 11/1/2017 10:17

As I said earlier there are some clever posters here, you
obviously one of them, and hopefully another Rebess4 soon
to arrive. We can all work together this year to make some
very good money again. Bought a few more gdl.

dyor

regards

active

[garycook] 11/1/2017 09:59

srp,That is why I purchased PAF,when they came back down to around 14p.Also there could be a bid from RRS.

[srpactive] 11/1/2017 09:38

GC

Re paf comment from ifthecapfits,

imho paf are being held back for a lower bid from rrs
to get through, bid I feel would be around 24p.
Where as if paf was 24p already a 34p bid would be needed.

The mm's have been putting the paf pre market price to 22p
over the past week every morning. An approach soon
I would think.

aimho.

dyor

regards

active

[srpactive] 11/1/2017 09:34

Thank you, that would be fantastic, please invite him
from me, I posted a very positive Centamin dividend
article here only the other day. A good thread needs
many clever posters ( not including myself mind )
who respect each other. He would be a good addition
and most welcome.

regards

active

[sawadee3] 11/1/2017 09:25

Hi srpactive, Rebess4 is a very modest chap and i believe most of his research goes into Centamin but he was considering investing here, so hopefully he might along :-)

[srpactive] 11/1/2017 09:12

Sawadee3

Of course it is even more short or long, I was
joking a little.

Ask him to come on the thread, more education
is only a good thing.

regards

active

[garycook] 11/1/2017 08:59

trt,You were waiting for 115,when HGM were in the low 120,s.So you purchased then ? I would wait for £2 if I was you.

[trt] 11/1/2017 08:52

Getting top heavy again time for a pullback - take a bit of profit here

[sawadee3] 11/1/2017 08:46

srpactive, your comments are very much appreciated :-)

Doesn't hurt to have a second opinion from a trusted member :-)

Goldies flying!!

[srpactive] 11/1/2017 08:46

Thank you for your kind words, they were very nice.

I also hold at paf from 7p, they have just started moving
higher back towards 24p which I feel they will be close to
come end Jan/Feb.

Gold chart looking fantastic and I am expecting a challenge
of 1250 - 1300 by month end.

If hgm can close above 168.75p, and they will soon enough,
I am expecting a challenge of 210p very quickly.

My year end target is 400p. I have other recovery stocks,
just ask and we can go to appropriate thread to discuss
further if you wish.

I do not go on paf anymore, due to idiot posters, I discuss
paf here along with hgm.

dyor

regards

active

[nervousnovice] 11/1/2017 08:30

@srpactive I find your comments most helpful. I bought this three weeks ago at 127 after reading your comments and dmor and topped up at 149. I am very happy with the returns.

[srpactive] 10/1/2017 14:53

Gold chart looking fabulous, looking for a retest of
1200 this week, hgm will follow and challenge 168p.

Sawadee3
Are my comments from 30p not as good as your idol Rebess4?

dyor

regards

active

[sawadee3] 10/1/2017 10:07

Rebess4 gives these the quality stamp of approval. That, in itself, is good enough reason to overload on HGM shares. The man is not only one of the best looking chaps on ADVFN, he's a Gold Co genius :-)

Happy days chaps :-)

[srpactive] 10/1/2017 09:20

HGM trading statement last year was on the 27th January,
not long to go if they are going to do the same again.

dyor

[sawadee3] 10/1/2017 08:17

Market diving in right from the off :-)

Happy days chaps :-)

[srpactive] 09/1/2017 15:14

Interesting article.

dyor

=================


Centamin mines gold at Sukari in Egypt

Jon Yeomans

9 January 2017 • 2:43pm

Investors in Egyptian gold miner Centamin are set to set enjoy a bumper payout after record production prompted the company to rewrite its dividend policy.

The FTSE 250 miner, which operates the giant Sukari mine in Egypt’s eastern desert, said it would pay at least 30pc of its free cashflow in dividends from now on, having previously said its payout would be in the region of 15 to 30pc.

The precise amount due to shareholders will be revealed when Centamin unveils its full-year results at the start of February.

In its last update, the miner, which is debt free, had around $400m (£329m) in cash on its balance sheet. Chief executive Andrew Pardey has previously said that Centamin is “not a bank” and will return cash to shareholders whenever it can.

The change in policy came after Centamin comfortably beat its production forecasts for the year, digging out 551,000 ounces of gold, a 25pc increase on 2015 and well above its guidance range of between 520,000 and 540,000 ounces.

Mr Pardey credited production efficiencies, particularly in its processing plant, for helping Centamin exceed its targets.

“Having considered the company's financial outlook, as well as our self-funded and staged approach towards project development, the board expects to propose a final 2016 dividend that is above the level envisaged by our current policy,” he added.

Centamin achieved a milestone at the end of last year when it repaid the $1bn capital costs of Sukari and began sharing its profits with the Egypt government. Under the terms of its mining licence, it has a 50-50 profit-share agreement with the country.
Gold bars
Gold prices have risen in the last week

Sukari began as an open pit venture but around 45pc of the gold now mined comes from below ground, where the quality, or grade, is higher.

Centamin will spend $11.5m this year digging a fresh ramp underground on the northeast side of the deposit to tap new reserves. It also has exploration projects in Burkina Faso and Cote de’Ivoire, though these remain in the early stages of development.

Analysts at Investec said the update was “hugely encouraging” while Richard Hatch, analyst at RBC Capital Markets, said Centamin had finished 2016 “with a bang”.

The miner was the third biggest riser on the FTSE 250 last year, with shares climbing 115pc on the back of a series of positive updates and a general recovery in the mining sector. Shares rose 1.3pc today to £1.39.

Separately, mining group Ferrexpo enjoyed a 5pc bounce in its share price after reporting record sales volumes last year.

The Switzerland-based company, with operations in Ukraine, makes premium iron ore pellets for use in steel making.

It has benefitted from the withdrawal of Brazilian rival Samarco from the market after the latter suffered a fatal dam collapse in late 2015. Ferrexpo’s share price soared 55pc in 2016 and it joined the FTSE 250 in December.

The company said it entered 2017 with a stronger balance sheet having repaid $196m of debt last year.

[sawadee3] 09/1/2017 09:12

Holding commodities sure does start your week off the right way :-)

Happy days chaps :-)

[garycook] 09/1/2017 08:49

Looking good atm.

[srpactive] 09/1/2017 08:41

Gold moving higher and hgm due to break alot higher.

dyor

regards

active

[srpactive] 06/1/2017 18:12

Again one of my new year picks.
dyor

[garycook] 06/1/2017 09:05

Yes I recall about a year ago,at the bottom.HGM now moving higher as predicted,and with Gold moving lower overnight.

[srpactive] 06/1/2017 08:45

Yes, that is why I reckon it has been moved down so
sharply without the bounce. RRS looking for growth,
an easy move would be to buy paf for between 24 - 30p.

Would be a shame, as they are similar to here, growth
with big dividend, I started buying there at 7p plus.

dyor

regards

active

[garycook] 06/1/2017 08:37

Totally agree srp.I believe PAF has more chance of being taken out,than HGM.

[srpactive] 06/1/2017 08:33

Mr Abramovich would have they say but I would hope for
no less than 400p. Actually I do not want it taken over
as we are in the right spot here. I feel the dividends will
total 10p this year, and more next. Most of mine were bought
at 30p up, a growth with massive dividends is what I want to
add to my others, and we have that here. New high next week.

dyor

aimho

regards

active