Highland Gold Mining Ld Share Discussion Threads

[loganair] 04/7/2018 09:25

I would not like to see the Russian gold miners taken private as will mean us small Private Investors will only be getting half of their true worth and I am happy with my 20% plus divided yield on my purchase price of HGM.

[srpactive] 04/7/2018 08:22

sdt

Yes hopefully, as I have just said on the poly thread,
I am hoping we now see Russian gold miners being taken
private, enough of this nonsense, dyor.

active

[stevedaytrader] 04/7/2018 07:51

A tad more weakness in the usd, gold recovering a bit more fingers crossed we move today and footballs coming home!

[srpactive] 04/7/2018 07:46

All

Morning, looks like the bigger investors are increasing
their positions in their businesses.

1. POLY rns today, Mr Nesis increasing and

2. Anil Agarwal, whose family trust Volcan Investments owns about 67% of the mining and metals business Vedanta Resorces, is planning to make an offer £800 million for the rest of the stake.

dyor

[garycook] 03/7/2018 15:40

HGM flat,and trailing both CEY up 2%,and POLY up 1% today,and also with Gold up ?

[stevedaytrader] 03/7/2018 15:22

Fed mins out Thurs, fingers crossed for "dovish" etc. - it's the sentiment more often than not drives.

[loganair] 03/7/2018 15:02

What I've been hearing is what ever the data shows the Fed will be going for a further 2 rake hikes this year.

The data will only effect 2019 rate hikes, whether the Fed goes for 2,3 or 4.

[stevedaytrader] 03/7/2018 14:45

Yes both, I agree 100% which is why I picked this share quite a while ago as my long termer, as well as the other fundamentals. I was referring to info before hits release comms channels. Fingers crossed for the a rise from now on- we'll have to see what FED mins reveal etc.

[loganair] 03/7/2018 14:36

srp - I've hunted around for information about Kekura and how it is going to be one of the lowest cost gold mines in the world and that HGM have other mines in the pipeline, information that I think other investors and potential investors in HGM will find useful.

And if for example HGM share price drops there is nothing to really worry about as they have several good low cost mines in the pipeline.

How the price of Lead and Zinc is also important for HGM as they derive over 15% of their revenue from these 2 commodities.

[srpactive] 03/7/2018 14:27

Yes like Kekura starting in 2021, dyor.

[loganair] 03/7/2018 14:21

Info will most probably not lead to a change in the share price however importantly can tell the investor how the company is doing and what shape the company is in.

Info does not have to be company specific, can also be about how gold miners are doing in general so can compare with HGM, about gold or Russia etc.

For example how many new investors know that Russian gold miners have to sell their gold to only 4 Russian banks in local currency and that 70% of this gold is purchased by the Central Bank of Russia to put into their reserves.

Share prices often go up and down due to emotional reasons while info provides the investor to act in a thinking reasoned manner about a company and thereby able to make better quality decisions about their investment.

[stevedaytrader] 03/7/2018 13:57

Oh look, finally some dollar weakness, and the ftse up so guess what, gold is up and we are up- long may it continue. Loganair- the prob with company info there is zero out there before the event that has had any relevance to predicting the share price. I've not seen any info that's actually led to anything.

[srpactive] 03/7/2018 11:48

Yes quite right, excellent dividend with good growth,
so let the value out in time, dyor, active.

[loganair] 03/7/2018 11:42

Looking and worrying about the share price on a day-to-day or week-to-week basis one is likely to make an emotional decision on ones investment, the consequence of which will be a low quality decision.

I wish each company could have two current running threads, one for posters who wish to post about the share price etc and the other for posters who wish to post information about the said company which in most cases will have far fewer and more relevant posts.

[11_percent] 03/7/2018 11:28

Its fighting to keep 140....

[stevedaytrader] 02/7/2018 21:12

Agree with Casual47- also maybe a lot of gold is bought in usd the primary currency- the dollar will weaken soon just taking longer than expected. And yes on enjoying the sun- it’s amazing here in the uk and will even better is we win tomorrow, shame Belgium got lucky and went through !

[coxsmn] 02/7/2018 20:26

Its a bit of a dip here but all is still good in terms of hgm dividend, profits and outlook. For now, enjoy the football and nice weather.

[casual47] 02/7/2018 19:08

L - institutions dont care. E.g. Van Eck doesn't care how miners get paid. They increase and reduce their holdings of gold miners in their funds irrespective.

[loganair] 02/7/2018 18:47

steve - It seems to me that a strong dollar only really effects the price of gold in dollar terms while in other currencies the price of gold is pretty stable or maybe even a little up on the year.

I just find it difficult to reason why so many people are bothered with the price of gold in dollar terms when 80% of the cost to mine the gold is in local currency.

If I'm going to buy an ounce of gold in the UK I am only worried about the price of gold in sterling and couldn't really careless what the price of gold in dollars is.

[stevedaytrader] 02/7/2018 18:13

I keep repeating myself, STRONG dollar that’s why it’s down and staying there plus fed mins due, again like i said last time round- and again we need them to say things like dovish etc. with the rest of world, well key currencies holding off and on rate rises to keep stimulus and the usa constant talk of raising as trump strat is working for now- the net result is always bad for gold

[loganair] 02/7/2018 15:02

Why is the price of gold still going down because I far as I understand tonnes of paper gold is being sold on to the market.

[loganair] 02/7/2018 14:43

Russia and Saudi Arabia want to invite all OPEC members to create a permanent alliance - the "super OPEC", in which, of course, these countries will take the lead. For Russia, this is an undoubted advantage, and Saudi Arabia can play the role of a long-term partner and ally,” TeleTrade's leading analyst Anastasia Ignatenko said.

In such an alliance, countries can pay less attention to US pressure, because Russia and Saudi Arabia account for one-fifth of all oil produced in the world, she notes. “This will automatically ensure control of the oil market and the security of its interests.”

Russia and Saudi Arabia will have the opportunity to increase oil production on their own, since many OPEC countries are unable to boost output despite last week's agreement.

[srpactive] 02/7/2018 14:34

L

Yes I feel the World Cup is showcasing some super
Russian football grounds, there is normally a
economical push after big events in a country too,
fingers crossed, dyor.

active

[loganair] 02/7/2018 14:30

At the beginning of the year there was talk about $80 oil, then a couple of months ago $90, today there is talk of even $100.

If $100 oil turns out to happen then the Russian Government will be swimming in money.

At $70 oil the Russian Government is already expecting to have a Budget Surplus of around $15bln.