Empire Metals Share Discussion Threads

[iloveit] 28/7/2021 07:26

This was 25p+ when it was chasing gold a while back .Is this close to a gold strike again?

[seanlander] 28/7/2021 07:22

Wow! Another very positive rns! When will the market wake up and realise this is massively undervalued! I'm holding on to my stash tightly after this. The share price is going only one way from here on!! Plus news coming soon from the other site!! Could be a gold rush!

[bspgamer] 28/7/2021 07:14

-- The RC drilling has confirmed the existence of several parallel veins in addition to the main Eclipse vein and the diamond drilling has replicated intercepts from previous RC drilling as well as providing an invaluable insight into the nature of the mineralisation and the alteration zones.

[seanlander] 26/7/2021 15:45

Buys going through as sales earlier...mms trying to hide the buys...

[timnicebutdim] 26/7/2021 10:36

Least they are getting some on the books this morning

[timnicebutdim] 26/7/2021 08:29

Up 4% on no trades, MMs short of stock?

[saracen3] 23/7/2021 16:15

So much upside as long as infill and exploration come out as expected.
Low cost, high grade near surface mining with minimal capex.
And already permitted. And Menzies news also to come.

[1liam] 23/7/2021 10:47

Gearing up in my opinion. Generally speaking gold has a negative correlation with the stock market, when stock prices fall during a recession, the price of gold tends to increase in value. In turn, this magnifies the value of gold stocks, even in spite of a stock market crash?. As gold is often seen as a safe haven asset that investors turn to in times of financial crisis, gold stocks often work in the same way within the stock market. As always DYOR

[bspgamer] 23/7/2021 10:26

80k taken up 2%

[1liam] 23/7/2021 09:52

Gold poised to glitter again. https://moneyweek.com/investments/commodities/gold/603601/gold-is-poised-to-glitter-again

[saracen3] 23/7/2021 08:58

Any shares on offer today ?

[novicetrade68] 22/7/2021 19:38

Nice to see a bounce, perhaps some news coming out soon-ish, as per last months' RNS they're doing work on Eclipse & Menzies in tandem whilst the gold price is still looking pretty good for further gains in the future.

[1liam] 22/7/2021 17:07

Gold futures looking positive.What do rising cases of covid-19 Delta variant mean for gold? Well, I would say that Delta is fundamentally positive for gold and could mutate it into a more bullish strain. If the pandemic accelerates, governments may reintroduce some of the sanitary restrictions or even lockdowns. A new wave of the epidemic would also increase the chances of a big infrastructure bill in the U.S. and other fiscal stimuli, while the Fed would likely remain dovish for longer than it would without Delta. So, inflation could intensify even further, while the real interest rates would drop. Therefore, concerned investors would turn to inflation hedges and safe havens such as gold.

[saracen3] 22/7/2021 16:14

Any stock on offer ? What`s the spread ?

[1liam] 22/7/2021 10:00

More positive news today on gold.Trade in Gold Rises at the Expense of Meme Stocks and Crypto by Francis BignellJuly 22, 2021According to the trading activity recorded on high-growth investment trading platform Capital.com, trading in popular meme stocks and cryptocurrencies has dropped month-to-date, while trading derivatives on gold has seen a resurgence.In the first two weeks of July 2021, gold was the most traded market by clients on Capital.com globally. Gold remained the top-traded market for seven out of 11 trading days this month (between 1-15 July 2021). This marks a significant shift in trading behaviour from the previous month where trading activity in gold was less popular compared to trading activity in so-called meme stocks and cryptocurrencies.

[saracen3] 22/7/2021 09:56

No shares on offer. Has the seller been finally cleared ?

[1liam] 21/7/2021 20:07

Gold has had a tough year, but things could turn around in the second half, market analyst saysPUBLISHED WED, JUL 21 20212:17 PM EDTGold could see a resurgence in the second half, said one market analyst.The metal has had a rough go of it in 2021, down nearly 5% year to date as investors rotate out of the safe haven trade into riskier assets. Gold prices hit a one-week low on Wednesday, though they're up almost 2% in July.The rotation also hit exchange-traded funds, with SPDR Gold Shares (GLD), the largest ETF in the world backed by physical gold, seeing $7 billion in redemptions so far this year, ETF Trends CEO Tom Lydon told CNBC on Monday.The redemption process helps keep an ETF's trading price in line with its underlying net asset value when it is trading at a discount to its NAV.But rising inflation could be setting gold up for a rebound, Lydon said in an interview on "ETF Edge.""Historically, when you look at inflationary times, gold tends to be a second-half player," said Lydon, also CEO of ETF Database.Over the past 12 months especially, gold prices have been flat to lower - down more than 2% as of Wednesday - while base metal, food and energy prices have rallied, he said."If we actually do see inflation tick up here, you can expect that gold will 'kick in' and with that, it'll be better for these companies as well," Lydon said.

[goldrush] 21/7/2021 18:16

That late buy is interesting.

Like avsome I topped up with a few also and believe news cannot be far away....and some good news at that.The share price is too low where it is at the moment IMHO.

[saracen3] 21/7/2021 16:50

Late buy at 2.45p

[avsome1968] 21/7/2021 16:46

Bit of movement at the end of the day, added a few more on Monday to bring my average down, can smell news this week we shall see.

[1liam] 21/7/2021 16:45

Well done :)

[1liam] 21/7/2021 11:30

Bspgamer, I'm holding only 3 stocks at the moment but will look to buy on release of funds.

[bspgamer] 21/7/2021 11:10

At these prices, it's rude not to hold

[1liam] 21/7/2021 11:06

bspgamer, I don't hold here but gold stocks have bottomed. I'm sure they will come good in the short to long term.