Highland Gold Mining Ld Share Discussion Threads

[srpactive] 01/3/2017 09:15

Now, where is that big buy button!

dyor

[garycook] 01/3/2017 08:41

srp,Good ideal.

[srpactive] 01/3/2017 08:38

Fourth red day, time for active to to up with some of
my recent dividends I feel.

dyor

[garycook] 01/3/2017 04:59

Growing free cash flow
Russian gold miner Highland Gold Mining (LSE: HGM) may have a simpler investment case. The AIM-listed miner already has three operating mines and last year produced over 261,000 ounces of gold. It is generating growing levels of free cash flow, which will no doubt help efforts to develop its pipeline of low-cost projects in the largely untapped Eastern Siberia and Far East regions.

With total costs of $444 per ounce and all-in sustaining costs of $609 per ounce, Highland is on the very low end of the industry cost curve. What’s more, the miner has an ambitious growth strategy — it’s target is to roughly double production to 500,000 annually by 2020, by expanding capacity around existing production clusters and developing a potentially bigger prospect in the remote Chukotka autonomous region in the Russian Far East.

Highland has yet to release its full-year results, but judging from its recent production update and strong first half performance (operating profits more than doubled to $50.4m, from $18.8m H1 2015), I expect a big hike in profits to be announced for FY 2016 due to the increase in output, improved pricing and strict cost control.Also the dividend for sure.

[nervousnovice] 28/2/2017 17:39

If this is retracement then the support level looks to be around 150 at this juncture, progress has repeatedly shown significant retracement after consolidation. The question is whether this is retracement or whether it is the volatility seen in January and back in Oct/Nov when the share was reaching new peaks. I am a bit miffed because I considered selling when the shares were over 190 a couple of days ago. Where it goes in the next few days will bring regret either way - should have sold or should have bought more.
@ breaktwister phew all miners? Not sure if that is brave or foolish - diversification and all that

[blowitall] 28/2/2017 15:34

Other goldies recovered today after morning bashing...but not hgm for some reason. oh well, name of the game. Should have read the charts better - should have gone to specsavers!

[breaktwister] 28/2/2017 15:16

Im in on this drop. My whole SIPP is now miners.

[srpactive] 28/2/2017 14:42

Similar drop to end Jan.

[garycook] 28/2/2017 09:42

You could say that.We need trt on the scene.To tell us profit taking is occuring etc etc !!!

[srpactive] 28/2/2017 09:28

A jolly good shake out occurring.

dyor

[garycook] 28/2/2017 08:56

Gold down,but just bounced off 1251.Hopefully a bit of a recovery,also tomorrow with Trump,s statement to congress.

[garycook] 27/2/2017 14:09

srp,Low volume today with some big buys at 8.33am of £587k at 191.46,but HGM down 4%,but coming back now from the 181.25 Low.Gold not down much ?

[srpactive] 27/2/2017 11:07

Now that is interesting dubcharlo, thank you.

[dubcharlo] 27/2/2017 11:01

Stoxline uk has HGM Resistance 2 level as 228.34

[srpactive] 27/2/2017 10:43

A bid price of 228p, I agree in nothing to be worried or
concerned about. Shake out before surging through 200p.

dyor

regards

active

[loganair] 27/2/2017 09:31

I have often seen in many shares I hold, spurious quotes right at the beginning of the day when the market is just getting up and running or just after closing. Until the share price has settled down for the day is really just meaningless as is the UT after hours trade and nothing to get worried or be concerned about.

[dubcharlo] 27/2/2017 08:46

What is BSL
Cheers

Ok, a bit of googling looks like its
Barclays

[srpactive] 27/2/2017 08:31

BSL was showing hgm bid at 228p this morning, this has happened a number
of times recently, very interesting.

dyor

[marcusm1000] 24/2/2017 16:25

Loganair do you have a link for that article please?

[srpactive] 24/2/2017 13:33

Gold zooming, hgm will challenge 200p
very soon at this rate.

dyor

[garycook] 24/2/2017 10:10

Interesting Post.Gold heading for $1,300,with uncertainty abound.

[garycook] 24/2/2017 08:38

Always do my research.But it is nice if you can get similar opinions or advice and a little help.I believe PAF is holding up well with present issues.HGM results due around April 19 ?

[srpactive] 24/2/2017 08:18

Yes steady as she goes, looking excellent for hgm
lead upto their results.

Good morning also.

dyor

regards

active