Kaz Minerals Share Discussion Threads

[linton5] 23/11/2016 07:58

I see 364 as weekly resistance bamboo a settlement over that for a week or 2 then £8 eventually

[linton5] 22/11/2016 21:45

Kaz is more streamlined now since restructuring in oct2014 with the potential of exceptional future growth as we develop our growth projects.i just love that line from there website. Just hold on here till 2018

[smurfy2001] 22/11/2016 21:06

Depends on China as to whether copper price appreciates further but Trump is positive for USA as well.

[linton5] 22/11/2016 19:58

O/t BAMBOO any chance to get your techs on pfc

[bamboo2] 22/11/2016 19:00

FWIW I have some chart pattern targets that see DJI at 20,169.

Interest rate rises will be in small increments. I'm not convinced that they will have a detrimental effect on stock market valuations in the near to medium term.

[bamboo2] 22/11/2016 18:14

Take a look back at the chart I posted earlier, and you can see there is a potential apex based turn on approx 28th November. However we won't know which way it will turn, until nearer the time.

I reiterate that an eod close above 379 opens up some very attractive targets, based on a High and Tight chart pattern.

[volsung] 22/11/2016 17:09

A lot will depend on where the US market goes now. I think the Trump honeymoon rally will peter out pretty soon. There will prob be a rate rise in the states and this may lead to a sell-off at least short term. Long term I see this getting back up to 800p or so.

[fruitninja84] 22/11/2016 17:04

True and a good point. We did actually have a 10% sell off last week but that dip was bought up so fast that you would of missed it just by blinking! Copper is on a real heat run an I think this could? Support the price here. And just because something has gone up a lot does not mean it can not go up a lot more imo. I do think however that there could be a period of equilibrium where the price stays around this area testing that high for a short time but wtfdik.

[volsung] 22/11/2016 16:47

I didn't say tomorrow fruitninja. End of next week is my prediction. Miners are volatile. 16% is not much for them. There are a lot of people sitting on massive paper profits who will sell at the first sign of weakness then this becomes a bit of an avalanche.

[fruitninja84] 22/11/2016 16:42

@volsungPlease can you elaborate? You sound very sure like a person who is trading from the inside? To say that that the share will fall 16% tomorrow means that the banks and institutions that trade these will have massive sell orders placed just above today's closing price and that the spot price of copper will also coincide and fall off a cliff?

[volsung] 22/11/2016 16:38

Look and learn allstar

[allstar4eva] 22/11/2016 16:37

I'd be prepared to consider your view if you backed it up with factual info or theories at least. As it is it's just hot air imho...

[volsung] 22/11/2016 16:23

Back to 300p next week I think. Then upwards to new highs I'd say

[mustau] 22/11/2016 15:42

no time to be in, out will look to add a few more if there is a considerable drop. 12 would be good bye rat race!!!

[allstar4eva] 22/11/2016 15:42

DYOR Volsung has no clue!

[losses] 22/11/2016 15:38

Mustaq, double from here is minimum... in a few years time I wouldn't be surprised to see 1200!!

[volsung] 22/11/2016 15:27

Yes long term this could easily double from here. Trading wise though it is looking toppy short to medium term

[mustau] 22/11/2016 15:21

Seems to be lagging the others today and maybe good to take off if your trading. For the long termers 2017, once all on stream will be one of the cheapest producer of copper. I'll sit tight.

[volsung] 22/11/2016 15:01

Maybe time to take some cash off the table here. A lot of miners looking like they might be double topping soon. There has been an almost vertical rise over the past couple of months.

[racg] 22/11/2016 14:28

It's very rosy. Very much debt but as mines come online a large chunk of risk evaporates.

[mustau] 22/11/2016 13:59

Any miners that are debt free? Seems kaz is being bashed on its debt on some of the other forums.

I thought most had debts, with some of the big boys having h8ge amounts.

[smurfy2001] 22/11/2016 13:57

Can't complain i've taken my original investment out as was 100% profit recently. May as well leave the profit in and see where we go.

What would be really nice is if they re-start their dividend.

[racg] 22/11/2016 13:55

It's all rosy at the moment.