Griffin Mining Share Discussion Threads

[rose_by_another_name] 28/8/2018 17:52

No point in reacting, Sage. Just a shorter who
thinks annoying this forum helps his chances.
Which in itself tells you how clueless he is.

[opodio] 28/8/2018 17:46

Price weakness in chart

Weak begets weak

sub 100p coming this week

[sageman] 28/8/2018 17:25

Opodio you are annoying troll. You have no idea what price this will be this week so foxtrot Oscar unless you can provide any substance/ argument.

[opodio] 28/8/2018 17:15

under 100-p this week

[spittingbarrel] 28/8/2018 16:31

I'm no great chartist but there's a gap down to 86 from December last year, maybe it wants to fill that. I've no position but am thinking about buying.

[sageman] 28/8/2018 15:59

Lodge, no one can tell you what to do.I held an additional 250,000 at £1.09 B/E. This was my trading position and I sold as posted here. I was up on paper circa £125,000 on this trade and escaped having "lost" £100,000 of the trading gain. But paper gains and losses are meaningless as you only win or lose when you buy and sell. I still hold 200,000 plus as my core. Unless Zinc and gold push north (in the absence of license) I can see a bottom under £1. However, we were 60p with zinc around this price BUT with a pile of debt. The debt has gone! For me I therefore see a bottom of 80-90p (ie just under NAV depending on zinc). If zinc can kick on back to the $1.30's then £1.20-£1.40 would be my best guess (this year without license and dividend news). I clearly am hoping for the latter, in view of my existing holding, but in the event of scenario one then I would happily refill my trading pot , since I believe in the long term future of this company. I hope this helps, it is just my opinion.

[lodgeview] 28/8/2018 15:11

Podgy what do you believe?

[podgyted] 28/8/2018 14:19

The PER is only around 5 if you believe the published forecast which has not been updated for H1 and the recent fall in POZ - I for one do not believe it.

[phillis] 28/8/2018 13:56

lodge
this has gone too far i think
Steel prices strong in china

Just bought another 10k

[lodgeview] 28/8/2018 13:13

Rose are you concerned? Will we ever see the share price back up at 1.50?

[rose_by_another_name] 28/8/2018 13:01

PE is a buy, yield is not.

[lodgeview] 28/8/2018 12:53

Alan I'm getting really bloody worried about the share price What's the PE now, under 5 ffs!!?

[alangrifbang] 28/8/2018 12:51

Disappointing this morning was strong showing in mining shares pushes the market up,it seems that nearly every mining share is up except griffin,before you all descend on me,I'm still not selling!!

[lodgeview] 28/8/2018 12:24

I don't need the cash at all but don't want to see this break a quid. I would just like a blue day for once. I am heavily invested here and it is hard seeing your hard earned being eroded away like this.

[lodgeview] 28/8/2018 11:43

Not sure what to do here...

[onjohn] 28/8/2018 10:59

Heading to 40p


F Ugly chart

[phillis] 28/8/2018 10:52

Looks like GFM are in the market again this morning

[alangrifbang] 27/8/2018 17:00

We were together for fifty years but never married nothing was in joint names ,that's how it was probably was stupid but as sage said its all in the past,the will left everything to me and I did have a solicitor,

[rose_by_another_name] 27/8/2018 15:18

You do have to be formally married (or that
other thing)for the spousal exception. Not
everyone bothers.

[rose_by_another_name] 27/8/2018 15:15

US markets in record territory today
on news of a trade agreement with Mexico.
Might boost us tomorrow.

[sageman] 27/8/2018 14:13

Alan there is no IHT between spouses and no CGT on death. Sounds like you really needed good advice. But you can't change the past and it is great that you try to help others.

[alangrifbang] 27/8/2018 13:29

I'm very happy you are at least talking about it ,I wish I had had the chance but, can't turn the clock back,HMRC made me feel like a criminal because of the sad circumstances I was caught out big time ,good luck and I hope you work things out,