Griffin Mining Share Discussion Threads

[neville1940] 01/10/2018 15:17

Rose by name
Are you a real person or a demented moron

[sageman] 01/10/2018 14:51

Rose, I said a few months ago that 80-90p was the probable bottom. I also said that zinc would be the key and all this whilst the share price was well north of £1. I will keep trying to help investors here, in contrast you will just continue what you do. Thus far not one single money making or money saving post from you - you remain the clueless one.

[rose_by_another_name] 01/10/2018 14:35

Clearly not buying the dips anymore.

[sageman] 01/10/2018 13:41

Hi Phillis we have clear support in the mid 80's and zinc trading sideways. It failed to hold $1.20 and has yet to test $1.035. In the meantime with zinc trading sideways and what may be a bottom some buyers feel that they can afford to buy back in. Co is supporting the price as are individual directors. We can speculate about the license and potential upside from increased production and potential takeover. I think that for the first time in months we can at last afford to revisit non systemic GFM risks again. However, I continue to carefully monitor the systemic commodity risk too and I want to see $1.035 tested or $1.20 comfortably exceeded before I add again.

[up just a little bit] 01/10/2018 13:19

Behave Phillis!

[phillis] 01/10/2018 13:08

does anyone think this rise might - just might - have something to do with the rise in zinc price......?

[cflather2000] 01/10/2018 11:55

Takeover target at this price, surely?

[neville1940] 01/10/2018 11:34

Great Answer Zooman hope you and the rest of the iii gang are all well
Phillis spot on but I have unfortunate taste for Grand Reserve as they say Fly first class if not your heirs will'!!!!!!!!!!

[zooman] 01/10/2018 11:09

CD, waiting until it drops and claiming they sold.? Z

[phillis] 01/10/2018 10:45

on the Costa quaffing ribeiro del duero perhaps?

[neville1940] 01/10/2018 10:40

SP Up Where are all the doomsters hiding ?

[slopsjon2] 01/10/2018 09:54

Zinc just on Bloomberg talking with CEO of Nantenergy about the Zinc battery as opposed to lithium batteries. Something that Edison tried a 100 years ago but couldn't get the battery to recharge.

[opodio] 01/10/2018 06:53

Has Adam usdan been paid a bonus for no reason
I’m expecting no bonus for directors this year
But alas they will treat it as a private piggy bank

🐷

[alangrifbang] 01/10/2018 06:03

Good morning zinc price well up this morning,

[up just a little bit] 29/9/2018 12:16

Worth a read every now and then.

[alangrifbang] 29/9/2018 08:28

Zinc up over a hundred,let's hope it holds

[up just a little bit] 28/9/2018 16:42

Shanghai zinc stocks fall 13.6 pct to lowest since Sept. 2007* Shorts cover positions ahead of quarter end, China holiday (Adds comments on lead, updates prices)

[arphillips] 28/9/2018 13:33

The price of zinc is spiking. Hopefully consolidating the uptrend.

[phillis] 28/9/2018 11:08

it was a rhetorical question
indeed a game

[polaris] 28/9/2018 11:05

Phillis - that is the game you would have to play. It would indeed be speculation in the physical market as afaik there is no options market on the concentrate. If i was doing the planning then i would have looked to hedge in the physical market enough to cover CoS of the plant for the FY, including the time-value and also taking into account the smelting charge on the concentrate sold wrt the physical mark to market. That limits downside and makes sure that, whatever the price of commodities, GFM remains viable. At the multi-year highs last year, that would have been prudent, also allowing the upside to build the capital for any necessary cap-ex post zone II license (ah yes, the zone II license!).

[phillis] 28/9/2018 10:54

How do you hedge concentrate?
the only alternative is to speculate on the price of the end product

[rose_by_another_name] 28/9/2018 10:39

I wonder if your last name is Harris?