Golden Prospect Precious... Share Discussion Threads

[dilbert dogbreadth] 06/9/2016 10:50

you can buy 35k at 45.6 at the moment which suggests they have a few to get rid of but that can change very quickly.

[scottishfield] 06/9/2016 10:48

Also the trades are deceiving. I just had some more & down as a sell.

[dilbert dogbreadth] 06/9/2016 10:42

For a trade it looks tempting with gold trying to break 1330 but I do think we have a seller at the moment. Someone has been dumping 50Ks

[papillon] 06/9/2016 00:55

bamboo218 Aug '16 - 09:51 - 379 of 442 0 0
Just sold the last of mine for now.
Had to place order, which I thought odd.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

How very prescient.

[luckymouse] 04/9/2016 15:00

ITs often lag by a day or so - NAVs posted late - its handy! gives a bit of thinking time

[professor pettigrew] 04/9/2016 14:58

bamboo2 - I noticed that too. Between 1-2 days behind. Still trading at a 17% NAV discount.

[panic investor] 04/9/2016 14:50

thats interesting indeed - thx

[bamboo2] 04/9/2016 13:32

PanicI, I trade GPM using the $gold chart.
Usefully, GPM lags.

[panic investor] 04/9/2016 12:24

Bamboo can you really chart with this as it's entirely pegged to gold and secondary stock performance ?

[bigdazzler] 04/9/2016 12:04

I was looking for 40p however after the non farm pay roll figures were published and at the time GPm was still nigh on flat on the day I increased my holding. This was in the anticipation that the chat about US interest rate increase would be cooled and thus helping gold.

We will see.

[eeza] 03/9/2016 22:23

Some interesting gold commentary.

[stevieweebie2] 02/9/2016 14:43

Yeh
glad a added yesterday albeit a small amount. job figs are pants, lets see 1330 go and get the show back on the road ladies and gents

[brucie5] 02/9/2016 11:36

I've sold down all my pms for time being, except JLP, which is a particular story around platinum. I don't don't doubt that PP will be proven right in the longer term,and I continue to think that GPM will be an optimal way of riding that. Will continue to look in.

[bamboo2] 02/9/2016 09:13

Zooming in on the chart reveals more detail and shows my recent trendline to be slightly inaccurate. In most chart patterns this is not a problem, but on acute triangle apexes it shifts the timing. I now suggest next weeks apex based price turn, if any, occurs on Thursday/Friday, rather than Monday.

[highly geared] 01/9/2016 19:16

Gold may test the 200 day SMA if a rate rise is confirmed (say $1250-60 region). A bounce off that will signal the next big up leg. Poor NFP numbers tomorrow will see a resurgence as it will indicate one 0.25% rate rise in December at worst.

[professor pettigrew] 01/9/2016 18:17

If Yellen and the Fed raise rates, then gold will surely go below $1300.

If it does and drifts down to the $1200-1250 level then brilliant.

A great opportunity to pick these up below 40p for the long-term run up to a fiver by 2020.

[wizard7] 01/9/2016 17:15

Maybe - but if they do what will they have to do pay the bills? Election in November fraught enough without a stock market 'crash' in the summer perhaps... Guess we'll find out soon! And stop calling me Shirley...

[bamboo2] 01/9/2016 16:15

wizard, shirley they must raise?

[wizard7] 01/9/2016 16:13

half kitchen sink deployed into PM miners - other half depending on Jackson Hole tomorrow...

[brucie5] 01/9/2016 15:19

Good man. Could go down to previous short term low at just over 40p. Then bounce back to 50.

[bamboo2] 01/9/2016 15:17

I just started to buy back in at 43.275

[joy division still] 01/9/2016 13:37

I have a small Long Term holding in this as I like the Gold theme and the fact its an IT (less risk in 1 company / mine running out / mine collapsing etc)
But reading the thread i cant get a handle on if this is a 'quality well run IT' Any long term holders offer any views?

[bigdazzler] 01/9/2016 11:25

I'm looking closer to 40p. I will get it as well if gold dips below 1300 and towards 1250.

[wirralowl] 01/9/2016 10:32

Took a few for my SIPP yesterday at sub 45p. I'm more than happy to hold for the LT, for those £5+ targets you talk about.. :-)