Glencore Share Discussion Threads

[raffles the gentleman thug] 28/3/2017 10:32

Buying GLEN here - best time to trade these names is when nobody else wants to, and shares have pulled back long way

[arja] 28/3/2017 09:20

miners getting hit after the great start and I assume metal prices falling although dow futures slipping too .

[russell250] 27/3/2017 18:42

brahmsnliszt - hope your right

[brahmsnliszt] 27/3/2017 18:23

You won't go wrong with hur.Have held decent position in them for nigh on two years now trading bits and pieces on way up.

[russell250] 27/3/2017 18:04

I made big mistake today

firstly being an idiot dealing with pre market stress and drinking wine ( total fool)

selling banks too fast especially Lloyds


lost lot of money over £250k- put me back to first week jan without necessary future upside -- what an idiot


holding a lot of glencore at 308 buy -

bought significant position in hurricane energy

[losses] 27/3/2017 17:31

We have a very interesting piece for you today that looks at copper mining in Chile and how recent government legislation means the richest copper deposit on earth is now open to business. The incredible thing is that instead of going with the majors, the mining rights have gone to a small and relatively unknown miner that has one of the best stories going for any resource stock. Please read below for the full story.Goldman Sachs Backing A Copper Boom In 20172017 is shaping up to be a game-changing year for copper, with Trump's $500-billion infrastructure plan, booming Chinese demand and the recent interest rate hike from the Fed, copper prices are soaring. And for this little known small-cap miner on the verge of discovering the world's largest deposit, the timing could not be betterThe place to be for copper's 2017 bull run is Chile, where Arena Minerals Inc. (TSX:AN.V; OTC:AMRZF) has gained access to one of the largest copper land packages in one of the world's hottest copper regions ever...and they've got the cash, experience, and local team base to do it.Not only has Arena managed to get its hands on a massive property that was a highly sought-after piece of copper territory by many major miners in the world. There's a sudden new urgency to boost mining-from copper and gold to lithium -and the venue is fast become a foreign miner's best friend.In the meantime, while major miners like BHP Billiton, Rio Tinto, Glencore and Anglo American lost nearly $20 billion in core earnings as commodities plunged in 2014 and 2015, 2016 saw a turnaround, and 2017 is all about the bull-here's why:China copper demand is again on a boom swing. It happened in 2004/2005, when Shanghai inventories rose above the London Metal Exchange (LME) inventories, which is the world's standard. A massive bull market ensued-and the same thing is happening again, right now:Trump's $500-billion infrastructure plan has already driven copper prices up, and coupled with Chinese demand, this has real staying power. Continued workers' strikes at major copper mines are further boosting prices.The Fed raised key interest rates after a two-day policy meeting last week, and this has weighed on the dollar and benefitted copper prices, making it one of the best stocks to add to an investor portfolio right now. We're going to be short on supply, and the shortage is expected to become evident in the first half of this year, where we could see a repeat of the 'China boom' of 2005-or even better. Goldman Sachs reaffirmed its bullish stance on the red metal and warns of a serious supply risk which could possibly lead to an aggressive price spike.

[arja] 27/3/2017 15:47

risky strategy as market can get summer blues . good luck with it

[younasm] 27/3/2017 12:32

Bought some long June calls around current price -- waiting to see if we get a bigger sell-off next month.

[russell250] 27/3/2017 09:52

I don't normally do this perhaps watching cricket overnight and drinking Chablis for breakfast - with todays white knuckle ride of markets - sold all banks - trading large amounts of glencore - best trading stock - making money from glencore plays - may get back into lloys prior xd on 6/4 dependant on forex

working marrow range glencore - glued to screen

[arja] 27/3/2017 08:25

but incredible recovery in mining stocks after plunging at opening but who knows if it will stall soon !

[arja] 27/3/2017 07:57

well, the party is over for the time being with dow futures tumbling .

[arja] 23/3/2017 21:39

hope you got out of LMI Gelnkaz as it looks like it was just a deadcat bounce .
Wish S32 had fallen along with the other minerrs as I took out a short earlier in day - only made peanuts when closing out ! sod's law !

[glenkaz] 23/3/2017 16:57

No idea but I know she robed me yesterday's profit! Cow!!!!😁

[arja] 23/3/2017 16:05

what happened when I was out for 2 hours ? miners crashing but DOW stronger !

[glenkaz] 23/3/2017 06:55

Come on Glenda let's have a nice gap up .... Ya b/tch!

[tallrugbyguy] 22/3/2017 21:30

https://uk.news.yahoo.com/worlds-top-copper-mine-suspends-projects-over-strike-173346817.html

[glenkaz] 22/3/2017 20:05

Stayed in expecting nice big gap up! Say 337😋

[arja] 22/3/2017 13:58

amazing how well GLEN has recovered and wish I had gotn in but too busy gradually closing my shorts in S32 plus searching for house to buy on rightmove - share trading is much easier than that ! ( smile )

[a2584728] 22/3/2017 12:49

Blue finish?

[glenkaz] 22/3/2017 12:23

Yep I'm greedy now £2600 up! I want more America come buy Glenda and make her blueeeeeeee! Gla shorts close now please!

[losses] 22/3/2017 12:20

Nice recovery going on across the miners... I think we could hit new high before the reversal but it's only a guess at the moment...

[younasm] 22/3/2017 12:16

X-div is 11/05 @ $ 0.035 cents (in case you trade options or generally short.The website is not too clear on uk trading dates, but a similar dividend on H2 2017, total of 7cents

[glenkaz] 22/3/2017 12:05

In at 324 with £160k typical Glenda now do I take £1700 profit🤔 Or be greeeeeeeedy!!!

[aganatra20] 22/3/2017 11:54

I think there will deffo be a correction in the markets. A lot of uncertainty around the corner with elections plus trump and his agenda of spending billions on infrastructure still not yet passed on the bill. Expect glen to fill gap from previous week of 317ish.