Highland Gold Mining Ld Share Discussion Threads

[garycook] 24/2/2017 07:24

srp,Good morning Gold now 1253.

[garycook] 23/2/2017 14:32

Well done.Just keep your prediction,s coming.By the way where do you think PAF is headed ? Are we going North or South,but that depends on the POG.I am not sure with PAF atm.But nothing to buy in its place for me anyway.Gold flying now 1248.

[sawadee3] 23/2/2017 14:32

Easiest money in town chaps :-)

[srpactive] 23/2/2017 13:58

No, calm as anything as usual.

[garycook] 23/2/2017 13:49

srp,Don,t get to excited.Take the rough with the smooth.Or trt will be posting his doom and gloom !

[srpactive] 23/2/2017 13:18

Holly smoke look at gold and hgm, I did say all aboard earlier.

dyor

[srpactive] 23/2/2017 12:47

Gold zipping higher now, if we can break through $1242,
we should move higher towards $1300 very quickly.

dyor

[garycook] 23/2/2017 10:54

srp,Yes agreed if taken over.

[srpactive] 23/2/2017 10:13

GC

I would expect HGM to get more than a twenty percent
bid premium if we were approached. More like 30 - 50%,
I would have thought.

dyor

[srpactive] 23/2/2017 09:13

Gold positive.

[garycook] 23/2/2017 08:54

srp,Thats where it,s going.

[srpactive] 23/2/2017 08:26

This is the first positive day in five, so generally
it is always a good strong one, we shall see, 191p
hopefully very soon.

dyor

[srpactive] 23/2/2017 08:11

Morning all, I am expecting a nice rise into the results.

dyor

[garycook] 22/2/2017 13:33

Yes trt,Thank you for your post yesterday.Kindly make another comment,and we can move on up.

[srpactive] 22/2/2017 13:18

Gold moving sharply higher now, hgm generally
follows so hopefully back into the 190p's very
soon.

dyor

regards

active

[srpactive] 22/2/2017 09:51

Thank you again, ironic you mention gas and China in one sentence,
one of my other investments is a very small company drilling for
gas in China.

dyor ( ayd )

regards

active

[loganair] 22/2/2017 09:41

srp - The first 20 tons or there abouts is buying from domestic producers as local domestic gold production is sold to the governement and not on the open market while much of the rest will have been bought via the Shanghai metal/gold exchange and purchased in Chinese Yuan.

Russia sells much of it´s gas to China in Yuan, then uses this Yuan to buy gold.

China also doesn´t sell its domestically produced gold, most of the gold sold on the Shanghai exchange comes from the West, especially via Switzerland and from countries such as Australia.

[srpactive] 22/2/2017 09:33

Loganair

Thank you very much, your contribution to this
thread is fantastic, please keep it up.

dyor as you do.

regards

active

[srpactive] 22/2/2017 08:43

Fourth lower day virtually, due a bounce very
soon, gold gone positive too.

dyor

[fangorn2] 21/2/2017 23:05

Surprisingly no mention of Polymetal or HGM in this article

Russia’s gold miners feel the chill

Investors remain wary, given past problems and risks over sanctions
Highest ever levels of production, profit margins and cash generation made 2016 a record year for Polyus, Russia’s largest gold producer. But you would not know it from looking at the company’s valuation.

"There is a big Russian risk discount,” says Mikhail Stiskin, chief financial officer at Polyus, the world’s fourth-largest gold miner by reserves and ninth by output. “There is clearly a role being played by the overall low propensity for Russian risk among the international investment community.”

But while Randgold and Barrick — the world’s largest gold miner by production — trade at share price multiples of 35 times earnings, Polyus stock reflects a multiple of just 10. Nordgold, another Russian gold miner, this month said it would delist, in part due to a perceived undervaluation. ;