Highland Gold Mining Ld Share Discussion Threads

[montyhedge] 09/8/2018 15:24

Thats better.

[stevedaytrader] 09/8/2018 08:18

Not true, map the 2 graphs- of course tech has gone up and gold has gone, but the GREEN dollar is true measure. I could also say that gold goes down when England do well in football... true looking at the recent past...

[montyhedge] 09/8/2018 08:13

Interesting interview on cnbc yesterday, analyst said gold goes down when US tech up, not the dollar it's a a tech bet.If US tech down, gold up. Never thought of gold like that, of course just his opinion.

[stevedaytrader] 08/8/2018 10:23

yes Loganair and of all the goldies our coat base is low and expansion capability strong - am still convinced on HGM and weak dollar, but just taking a bit longer than i expected - fingers crossed

[loganair] 08/8/2018 10:12

steve - Up until the trade war, China has been allowing the US to buy goods cheaply on the never-never for the US consumer to buy cheaply.

And there has also been the $1 trillion worth of Trump tax cuts which has temporarily boosted the US economy over the past 6 months or so which will soon start to fall out of the US growth figures.

[stevedaytrader] 08/8/2018 10:07

Plus loganair, i think many companies in the usa have yet to feel any impact of tariffs on themselves, and some
stockpiled boosting sales in anticipation. Wage growth is stagnant now and the last non farm payrolls not good. The fed were broadley the only major country upping the rates and trumps tax cut strategy forced this- hence they became out kilter with most of the world

[loganair] 08/8/2018 09:27

I'm less positive of the dollar remaining strong for two reasons:

1. Much of the S&P earnings growth has been due to share buy backs.

2. 50% of the so called strong US GDP growth is due to the FED/Treasury reducing the US inflation rate by 0.1% going back over the past 100 years - total manipulation of the GDP figures.

[stevedaytrader] 08/8/2018 09:16

Casual47, i won’t hold my breath but would a merger or takeover. Brexit issues put the ftse up not down. Most companies derive most money from abroad as as the pound delvalues it pushes their value up. Hence ftse increases- but only because the pound de-values

[casual47] 07/8/2018 15:06

My bet would be a merger at some point in the future: if Chaarat (now an explorer with mcap below £100m) acquires Kumtor then straight away it would be a 500,000+ oz/pa gold producer (via 50/50 deal with Kyrgyz government). A merger at that point would make sense, imo. Ultimate goal being to establish a "Russian Barrick" in Central Asia / former Soviet Union countries. Politically this fits with "Russian sphere of influence" agenda of Putin.

[borisjohnsonshair] 07/8/2018 14:59

Offer of GBP600m coming?

[casual47] 07/8/2018 12:50

Reminder that Chaarat put an $800m offer in for Kumtor for which they would stump up $400m themselves through cash and equity placing.

[casual47] 07/8/2018 12:45

I have posted before about Chaarat Gold here because I could see some sort of deal or tie-up happening between CGH and HGM ever since Chaarat announced they were looking to consolidate gold mines in Central Asia and FSU through an aggressive M&A program.

I just spotted that the CEO of Chaarat Gold has been appointed an independent director of Nornickel...



The CEO of Chaarat is Artem Volynets who previously also was the "lieutenant" of Oleg Deripaska in EN+.

Now who are the major shareholders of Nornickel...?

Vladimir Potanin (28%)
Oleg Deripaska (25.1%)
Roman Abramovich (7.3%)

Anyone else see puzzle pieces falling into place?

[coxsmn] 07/8/2018 12:33

has Srp 'gone for a long walk' panning for gold.

[casual47] 06/8/2018 21:44

These should be a good hedge against a bad Brexit, in theory, seeing as the money is made abroad and divi paid in £. Though perhaps a general fall in the FTSE will drag everything else down with them.

[coxsmn] 06/8/2018 21:41

Gary, hgm is cheap here, i think caml (copper) is likely to outperform gold driven by growing demand. Both great buys thou imho.

[stevedaytrader] 06/8/2018 16:23

So long as doesn't spend any money on Chelsea I'm happy lol.

[vegabaja] 06/8/2018 16:07

Had a punt here because gold price must improve sometime and it has paid a divi, hopefully that will continue? And thanks to justice, Abramovich holds, happy days.

[stevedaytrader] 06/8/2018 15:45

SRPActive said he was going for walk and maybe some time... 130.5, come on get more traction :-)

[justiceforthemany] 06/8/2018 10:53

IR confirm Abramovich remains a shareholder here. Holding a 8% stake.

[garycook] 06/8/2018 08:48

11%,Keep the faith,and think positive.Buy more HGM at this level.Down the line you will regret not buying more at the current share price Also take a note of the SP,s of CAML,CEY,and GLEN atm.They also will be a lot higher down the line,and another good buying opportunity By the way has anyone heard from srpactive lately.I hope he is Ok,or on holiday.

[11_percent] 06/8/2018 08:22

Garry,
Never believe a word Marketoricle say.

[loganair] 06/8/2018 08:18

GC - I do firmly believe that the gold price is being manipulated big time how ever when it comes to the general basic commodities I do not believe in Trumps trillion dollar infrastructure spending while I do believe that the big spend on commodities by the Chinese who take over 50% of the basic commodities is over.

The country that does need to massively spend on infrastructure like the Chinese did is India who do have the capabilities of taking over from China in spending big where commodities are concerned.

[stevedaytrader] 06/8/2018 07:11

GC, agree with most of article which is why I keep saying gold will go up, as the dollar will weaken, just taking a lot longer than I thought. Trade war is also odd- I too initially took this as positive for gold, but agree it has done the opposite, I fail to see how long term this can be good for USA, as many of their products rely on cheaper imports, which will now be more expensive and tougher to sell. Also, with tax cuts, I suspect that many companies have had a lot of cash, and spent a lot to but before tarrifs cut in so boosted hugely the figures in the USA. Friday's non-farms was a good miss at 157k and wage growth remained stagnant, both of which will make the FED think- the reverse would have sent gold below 1200. Here's hoping for a turn soon, keep the faith and fingers crossed for today!