Highland Gold Mining Ld Share Discussion Threads

[loganair] 26/6/2018 12:08

casual - I would like to take a look at two companies HGM and GE (General Electric in the USA)

HGM has a mine that is due to come into production in less then two years, producing gold at a low cost. With in the next 10 years HGM has a further two mines that will come into production.

GE 20 years ago was the second most valuable company in the the S&P 500, now it is the 44th. This year GE are selling their medical unit and by 2020 will be selling their oil interests.

HGM is a growing company, growing it's revenues and profits while on the other hand GE is a shrinking company, its revenues and profits are both shrinking.

Both companies have day to day and week to week fluctuations, ups and downs however looking forward 10 years when these fluctuations have been factored out HGM is growing while GE is shrinking.

Non-family CEO's often come and go because they get better offers somewhere else, it is as uncomplicated as that.

[casual47] 26/6/2018 12:00

It is very much true for a lot of German companies, but then they often are family-held and family-led businesses since hundreds of years...

[casual47] 26/6/2018 11:56

I am sceptical about listed companies having this alleged 5-10yr outlook.

If that were true we wouldn't see CEOs and senior execs coming and going as often as they do.

[loganair] 26/6/2018 11:36

What I often see in various threads about companies is how posters continually agonize over the day to day fluctuations in the fortunes of this company and that company instead of looking 5 or 10 years into the future where by these fluctuations are smoothed out, are factored out over time.

[stevedaytrader] 26/6/2018 11:32

Causual47- it will weaken, trumps policy has been good for usa so far short term- tax cuts have helped huge as as protectionism, causing fed to want to keep brakes on to avoid overheating. Rest of world having to keep monetary stimulus in - at some point usa will slow, fed will have to slow, dollar will fall, gold will rise. Issue for us as with all other uk stocks us ftse, who knows what next 12 months will do, as falling ftse is bad for us with hgm- i remain confident to hold as business fundamentals remain excellent- and i don’t see a recession in my 12 months horizon

[casual47] 26/6/2018 10:01

Perhaps the belief is that ultimately Trump will win, making the dollar much stronger still. I personally see US coming out of this better than any country.

Gold just hit the $1250s/oz....

[stevedaytrader] 26/6/2018 07:30

Miners Glencore PLC UK:GLEN-4.69% and Anglo American PLC UK:AAL-4.53% were also big losers, dropping 4.7% and 4.5%, respectively, as investors seemed to bet that trade-related tensions could weigh on global growth. Not sure why though gold is not seen as a safe haven, maybe there’s fear the costs will increase for production in general with tarrifs due to trade wars

[stevedaytrader] 26/6/2018 07:08

Guys and gals- it’s he norm. In the vast majority of time when the ftse drops and/or gold drops gold miners drop. Exceptions being news about fundamentals through statements etc. Fingers crossed for a ftse jump back today and gold although it’s dropped further so far today. The usd remains way too strong so we need to be patient it will weaken at some point over time which will make a big positive impact.

[stevedaytrader] 26/6/2018 07:08

Guys and gals- it’s he norm. In the vast majority of time when the ftse drops and/or gold drops gold miners drop. Exceptions being news about fundamentals through statements etc. Fingers crossed for a ftse jump back today and gold although it’s dropped further so far today. The usd remains way too strong so we need to be patient it will weaken at some point over time which will make a big positive impact.

[coxsmn] 25/6/2018 18:52

Srp, both hgm and caml down, both excellent companies. Makes little sense to me as fundametals remain strong, lets hope common sense prevails soon.

[srpactive] 25/6/2018 15:11

Scaring investors into selling it would appear
here. Boring, boring and further boring.

If anyone wants to find me whilst the mm's
play their anti Russia games, I will be over at
Aus ggp, dyor.

active

[srpactive] 25/6/2018 10:23

c47

I do feel we will see some upward movement very soon,
my ggp has started again, dyor.

Edit:

Abramovich to reduce Channel One stake

========================

Just awaiting the news of the proposed Nornickel stake sale,
which was due weeks ago, dyor.

active

[casual47] 25/6/2018 10:08

Upswing delayed for now as not much love is shown today for lots of the gold miners.

[garycook] 25/6/2018 03:06

coxsmn,Purchased CAML last week at 260p,along with GLEN at 374p.CAML looks good value at the current price.Regarding HGM the only way is up from here.

[loganair] 24/6/2018 17:06

The most interesting thing is that the dollar assessment of the Russian gold and foreign exchange reserves for April increased by $1.3 billion. I.e., the narrative that bonds were sold to urgently patch some financial hole is absolute groundless. The American bonds were sold, and the received means were invested in some other assets.

The central bank publishes its reports on the management of reserves with a big time lag, and we will learn the exact answer to the question “what assets were the received dollars invested in” approximately in half a year, but it is possible to consider some possibilities already now.

One scenario is the ratio of currencies in the Russian gold and foreign exchange reserves underwent serious revision, and the proportion of dollar assets was significantly reduced due to the sale of American bonds and the purchase of securities in other currencies — most likely, in Euros. It is precisely such a scenario that represents the greatest interest from the point of view of western analysts, some of who see these Russian financial manoeuvres as a rehearsal of similar actions that may be taken by the People’s Republic of China.

Other factors could also be as the Fed raises interest rates the value of US Treasuries fall.

"We are diversifying the foreign exchange part of our reserves," Nabiullina the CBR Governor noted, speaking at the Russian State Duma on June 19.

[loganair] 24/6/2018 15:59

We'll know what transpired in 6 months when the Russian Central Bank issues a note on what they have been doing.

[zangdook] 24/6/2018 14:44

"has been used to buy other foreign currencies"

which ones, out of curiosity?

[coxsmn] 24/6/2018 10:46

Hgm gets a mention in this caml interview, caml the largest mining company on aim along with hgm.

[casual47] 22/6/2018 16:55

We may need to see a rise in dollar POG to stop the weakness and start the upswing across the whole gold miner sector, irrespective of what currency the miners are selling their gold in.

[loganair] 22/6/2018 14:28

znag - The Russian Central Bank has been buying gold at their current pace for 2 years.

In April this year the central bank sold half of its US Treasuries, however the amount of Foreign Exchange the central bank holds is approximately the same now as it was in April as it was in January which means the money the central bank got for selling its US Treasuries has been used to buy other foreign currencies with rather then gold.

In any case the Russian Central Bank doesn't have to sell any Foreign Currency to buy gold with as it buys all its gold in local Roubles from Russian miners.

[zangdook] 22/6/2018 14:21

"this money was not used to buy gold as the gold buying continues"

er...doesn't quite add up.

[meanreverter] 22/6/2018 12:15

Regarding Loganair's post 12390: The Bloomberg article



says that the dispute is between Kazakhstan and a foreign investor who was ripped off by the Kazakh government — nothing to do with US foreign policy. I would like to see the evidence for "Recent reports suggest that this freezing of assets was at the behest of the U.S. government".

[srpactive] 22/6/2018 10:27

Excellent posts.

I feel something is about to happen here, dyor.

active

[loganair] 22/6/2018 10:01

The Russian Central Bank sold half their US dollar bonds in April, however this money was not used to buy gold as the gold buying continues at the same pace as it has done over the past couple of year and the foreign exchange part of Central Banks reserves also went up which suggests they bought another currency.

We'll know what transpired in 6 months when the Central Bank issues a note on what they have been doing.

The Central Bank buys its gold from the Russian miners in roubles.

[conundrum] 22/6/2018 09:49

Hope the article below is of interest



I recently bought back into HGM at just under 141. HGM has been a sucess for me in the past and owes me significantly less than my purchase price.

I believe divis have been 10.4p 2 years in a row, so if maintained, will be a good return, even if the share price remains undervalued.

Good luck to you all in whatever you are invested