Highland Gold Mining Ld Share Discussion Threads

[srpactive] 18/4/2018 13:15

L

Yes this has been my tactic for years and
years, gvc dividends go it hgm and hgm into gvc,
I used to have aly part of it before it started
faltering in 2015, but always looking for others.
Maybe my aa. in time will be part of it, but I am not
holding my breath, dyor.

active

[loganair] 18/4/2018 13:03

I notice on many threads most of the chatter is about the daily or weekly movement in the share price etc and very little about the fundamentals of any company and the decisions of the companies management which as a long term investor is what I'm concerned about.

What I like about HGM is how as older mines come to the end of their life they have new mines coming on line and how these new mines have relatively low production costs.

Personally I have little care for the daily share price movement as I am getting a nearly 30% dividend yield on my original investment which means every 3 1/2 years I hold on to my HMG, the dividend has paid for my original investment.

[srpactive] 18/4/2018 12:58

W

Hope so, we could do with getting back into the
150p's, dyor.

[woodhawk] 18/4/2018 12:55

I've just been buying and selling some HGM (net outcome = no difference to holding) between my accounts as I'm in the process of changing one of my ISA accounts... anyway, judging by the price action around my trades, I suspect there may be a large buy order that's being filled at around 144p? Hopefully, when it's cleared, we can move on up!! I'm sorely tempted to add more...

[srpactive] 18/4/2018 11:30

W

Okay, thank you.

Are you still in gvc?

active

[woodhawk] 18/4/2018 11:26

I've always had this feeling that HGM 'lags' a bit... but it suits me at the moment, in the meantime just taking some nice profits in DLG to reinvest here.

[srpactive] 18/4/2018 11:07

Nevermind W, we could move higher here at anytime,
fingers crossed.

Evraz, Rio, Glencore and Poly moving well, maybe the
smaller one's will follow later.

dyor

active

[loganair] 18/4/2018 10:26

cox - Poly has lost about 15% more of its value then HGM had, so it seems to me they are just making up the ground on HGM.

[srpactive] 18/4/2018 10:23

c

Hopefully the company is pushing the good performance
to the London city movers, maybe once this is done and we
approach the xd date we will rise, I am expecting
a rise later though, dyor.

active

[coxsmn] 18/4/2018 10:16

Poor share price performance here, still bobbing around at 2016 levels while Poly surges.

[srpactive] 18/4/2018 07:20

L / GC

Very good posts.

Edit:

Poly moving up, rns out.

dyor

[garycook] 18/4/2018 03:44

Highland Gold reaps rewards of exceptional production levels
Tue 17 April 2018 16:19 | A A A
.
(ShareCast News) - Gold miner Highland Gold Mining saw a rise in both profits and revenues in its most recent trading year after the firm's total production exceeded guidance range.
Revenues rose 4% to $316.7m compared on the previous year thanks to a pretax profit of $100.3m, which dwarfed the previous year's registered figure of $66.2m, in what appears to have been a highly successful year for the AIM-listed company.
Highland's revenue boost was driven by increased gold production, which achieved a record rate of 261,159 ounces, a 4.3% increase on 2016, and a rise in realised gold prices, which saw prices jump to $1,162 per ounce from the $1,136 per ounce in seen across 2016.
In further good news the company reduced its operating expenses by 35% to $10.8m and finance costs by 48% to $2.7m which offset a $1.8m rise in administrative fees, while net debt was reduced to $198m from $205m over the course of the year.
Eugene Shvidler, executive chairman of Highland Gold Mining, said, "Unlocking value came of age during 2017 when the results of extensive exploration activity and a series of updated estimates from our producing mines, Blagodatnoye, and Kekura, our flagship development project, culminated in a 56% increase in the company's proven and probable ore reserves."
In light of the success, Highland Gold Mining declared a second interim dividend of 5.42pence per share, lifting the total dividend payout to 10.40p.
For the current year, the company projected its total production to come in between 265,000 and 275,000 ounces but noted that it remains to be seen whether this will, once again, be an underestimate.
As of 1616 BST, Highland Gold Mining's shares were up 3.45% at 143.80p.

[harvester] 17/4/2018 23:39

11%-- you could apply that know-how to some commodity option trades !

[staffy dog] 17/4/2018 23:37

Go Go Gold

[harvester] 17/4/2018 23:36

logan: 11947 good summary from more lengthy company reports and helpful for hgm newbie investors like myself.
I like to see new investments get off to a good start. Hence quite pleased with the up-tick on my entry trade , small as the up-tickit was . Not a day-trade !
One would normally expect an even better market reaction to good results but i suppose the US/Russia tensions are weighing on them .
Bed-time for me now, since up at the crack of dawn to prepare for the next company results tomorrow (Segro,TEF,BNZL,REL).

[11_percent] 17/4/2018 23:19

Indeed.

So, here is a starter.

Below is from Martin Armstrongs blog on gold, for the month end. Gold did not hold above 1,347 for the month end. Interesting that we are more or less sitting on it now, and have been above and below recently.

-------

What I have always found fascinating is just how the markets will avoid our Reversals when they are just not ready to rally or collapse. While the Monthly Bullish in gold has still not been elected since 2015 running right up to the number numerous times and then failing, it has been doing the very same compelled avoidance on the Quarterly Bullish Reversal at 1347. We have been above this number even bu $30, yet when it comes to the end of ever quarter, gold crashes to avoid our Reversal. Today is nothing new. Once again, we were well above it 3 days ago and have crashed trading right now at 1327.30. This is once again YELLING LOUDLY at us that hey - stupid - we are not ready yet! Get over it!.

The Silver low also remains also the 4th quarter 2015.Here we are nowhere close to a Quarter Bullish which stands up at 21.65. The Quarterly Bearish Reversal lies at 15.40 while we are trading at 16.27.

[loganair] 17/4/2018 23:01

Come on chaps, let's not get at each other and use this thread to engender dialogue, discussion and involvement of other posters, posting information and points of view of both sides in an objective, informative and hopefully sometimes interesting manner so others can carefully explore, examine and interpret the value of the information while not necessarily intended to change other posters attitude towards investing in HGM or gold related stocks in general.

[11_percent] 17/4/2018 22:34

zangdook

Probably best to filter me, do not ignore this one.

----

Lol...........ignore THIS post.

[loganair] 17/4/2018 22:32

Looking at the 2017 Report:

Nov Mine...127,000oz gold eq @ $432 per oz life of mine 2032
BG Mine.....43,000oz @ $861 per oz incl Blagodatnoye mine life of mine 2032
MNV Mine...103,000oz @ $617 per oz life of mine 2022

BG mine stops production 2023 to move to next door Blagodatnoye mine production of 55,000oz per year @ $848 per oz.

Developement of other mines:

Kekura expected to come on line late 2020 173,000oz per year (years 1 to 8) then 46,000oz per year years (9 to 16) @ $511 per oz.

Kekura will be coming into production as the MNV mine comes to the end of its life which means for HGM a net increase in gold mined of 70,000oz.


Unkurtash in Kyrgyzstan 127,000oz per year @ $616 per oz life of mine 18 years. HGM
is considering partnership opportunities to develop this promising resource and has
had preliminary discussions with potential partners.

Klen 50,000oz to 60,000oz per year.

Taseevskoye - HGM continues to focus on de-risking the project and preparing for further exploration.

[corrientes] 17/4/2018 21:36

Can you not just add DYOR at the end of each post,and leave it at that,sractive ? How you say it at the moment sounds so daft.

[srpactive] 17/4/2018 20:36

zangdook

Probably best to filter me, do not ignore this one.

[zangdook] 17/4/2018 19:02

srpactive

It's bad enough telling everyone to ignore your posts but do you have to repeat the things you want us to ignore as well?

"ignore my post and dyor.

dyor"

And are we supposed to ignore the instruction to ignore your posts? Or just the rest of them?

[justiceforthemany] 17/4/2018 17:50

Book value ~ 170p
Investors Chronicle
IC View
In 2017, despite capital expenditure chewing up 18 per cent of revenue, and a stronger rouble, all-in sustaining costs held firm at $664 an ounce. That’s encouraging, because it kept a lid on debts, which remain manageable, but fails to explain the shares’ discount to book value. Peers trade for twice as much; buy on weakness.

[shayadfn] 17/4/2018 15:39

Well it's been an interesting couple of weeks, good to see hgm, I added yesterday, now off to my break, Toronto. Sitting air side Terminal 2 Heathrow, hope you boys and girls are in profit.