Highland Gold Mining Ld Share Discussion Threads

[garycook] 06/3/2017 11:08

srp,Agree with you on IC,Fool etc.What do they know.Also let the trend be your friend atm,is Sell HGM,and buy PAF,but I believe the opposite could be correct !!!

[srpactive] 06/3/2017 11:02

GC

Lam

[srpactive] 06/3/2017 10:57

Each to their own, but paf has not taken part in the
move higher, they dropped from 24p to 16p and virtually
remain there. Where as hgm moved from 125p to 194p.

I generally do the opposite to IC, they keep pushing PAF
and ignoring hgm.

The last time I was at odds with the IC I spoke with them about
ezj at 126p, they had a sell rating and I was buying, I had a
little disagreemnet with them over the phone, and they left
it by saying we shall see who is right, ezj moved upto 1800p.

Their article did not happen to mention the death of an employee,
now if they were negative they would have had that fact in the main
headline.

dyor

regards

active

[garycook] 06/3/2017 09:38

I have 6.5% of total wealth.So maybe too much.Leaving it in HGM,which is due a rise again,on the next up leg for Gold,and also PAF performing well,with the recent drop in the Gold price from $1,260 down to $1,226.I believe someone is building a stake in PAF,maybe why HGM is off 13% from recent high,s and PAF is slightly up.

[srpactive] 06/3/2017 09:18

Yes, Mr El Erian, meant 5% of total wealth
which will be alot.

[garycook] 06/3/2017 09:15

srp,Having 10% Gold in your portfolio is also correct atm,which I have.

[srpactive] 03/3/2017 19:29

AM-PM Roundup
Gold Pares Losses As Yellen, In Q&A, Appears to Back-Pedal On March Rate

[srpactive] 03/3/2017 16:06

I sold paf, did not like the latest news.

Still following though.

dyor

regards

active

[kazz] 03/3/2017 15:51

Don't look like PAF fill the criteria for a TO by Randgold from that video,
srpactive?:(
Regards...Kazz

[conundrum] 03/3/2017 14:44

Full link to article mentioned by srpactive, see below

[srpactive] 03/3/2017 14:20

From kitco.com

dyor

rehgards

active

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

‘I’ve Never Seen Stars So Aligned For Gold’ - Randgold CEO

[garycook] 03/3/2017 10:43

Agree dyor

[srpactive] 03/3/2017 10:16

Agree, just testing past high for support.

Always happens when silly news re Mr Trump and Russia.

The US media want to grow up.

dyor

regards

active

[wilco1000] 03/3/2017 09:49

Hardly the end of the world, small gold retrace and the fundamental outlook for me hasn't changed one iota.No alarm bells ringing here

[srpactive] 02/3/2017 13:47

All

Can I just say if you choose to invest in a stock
it is for you to do your own research and be content
doing so. You should never do so due to comments from
any other poster.

dyor

regards

active

[srpactive] 02/3/2017 11:20

Thank you, I do not see US interest rates moving much to
be honest, just a method to talk about it to keep gold
low for the big boys and girls to accumulate.

Only late last year Mr El erian pimco ceo said investors should
have 5% exposure to gold, now that is some buying.

dyor

regards

active

[loganair] 02/3/2017 11:08

The U.S. Mint has sold 27,500 ounces of gold in various denominations of American Eagle gold coins, its lowest sales record since December 2015, when the Mint sold 500 ounces of bullion. Gold coin sales fell 67% compared to sales seen in February 2016, according to the latest sales data from the U.S. Mint.

Surging gold prices since the start of the year created significant weakness in the physical market, with bullion coin demand falling to its lowest levels in 14 months.

Comex April gold futures settled February at $1,253.90 an ounce, up 9% since the start of the year. Going forward, higher gold prices, growing market uncertainty and higher market volatility will continue to weigh on demand.

Phillip Streible, senior market analyst at RJO Futures, said to Kitco that he is not surprised that coin sales were weak last month. He added that expectations that the Fed will raise interest rates three times this year could continue to keep bullion demand muted.

“It is a lot of money to put up for a one-ounce coin. As interest rates rise, investors might be thinking that it is more attractive to that money and invest it in a yield-baring asset,” Streible added.

Simona Gambarini, commodity economist at Capital Economics, said that weak bullion demand is not just a North American phenomenon as higher prices and market regulation take their toll on demand in India and China.

“In India, we expect the effects of demonetization and efforts to increase transparency in the gold market to curtail demand. For China, a slowdown in economic growth and a change in consumer preferences away from gold will likely weigh on consumption of the yellow metal,” she said in a recent report.

She added that in current market conditions, investors are probably looking for more liquid assets than gold coins.

“In times of high volatility and market uncertainty, I think investors will turn more to gold exchange-traded products as they are more flexible than bullion,” she said.

Weak bullion demand is one of the reasons, Capital Economics remains bearish on gold, expecting prices to fall to $1,050 an ounce this year.

[garycook] 02/3/2017 10:29

srp,So you did sell in the 190,s. You never answered my previous question ?

[srpactive] 02/3/2017 08:49

Good start, I am expecting a challenge of 186p, very soon.

dyor

[garycook] 02/3/2017 03:51

srp,I can see where your coming from !!!

[srpactive] 01/3/2017 18:25

Gold bouncing very strongly, I cannot wait for
the next first positive hgm day, it will surge,
could it be tomorrow. I will buying more again soon.

dyor

regards

active

[garycook] 01/3/2017 13:15

srp,No problem,Did you sell some HGM in the 190,s ?

[srpactive] 01/3/2017 12:42

GC

Okay, but I only comment on the boards.

regards

active

[garycook] 01/3/2017 09:49

srp,I have sent you a pm.