Highland Gold Mining Ld Share Discussion Threads

[davidspringbank] 07/12/2017 14:10

How low will it go?

[srpactive] 07/12/2017 11:29

Consolidation and mergers are going to start in 2018 especially
amongst the Russian miners. There was even talk a few months ago,
pog for one has had its credit rating improved which will help
in raising and paying for debt, dyor.

Hgm around £500m valuation, pog are around £250m, a nice figure to work around isn't it.

[stevedaytrader] 07/12/2017 11:26

I trade all sorts- on this stock like all other gold stocks I see no movement on share price except for quarterly results and gold price, gold being impacted at the moment only by the US Fed. Currently all data suggests 90% rate rise this month plus more rate rises in 2018 which can only harm gold- Korea won't play into the price unless it happens, which is even less likely than rate rises. If anyone has any views on other factors would be ace to hear, but from the last 18months of following this forum all the complex detail statements on China, Russia etc etc on mining never to seems to make a bean of difference. Happy to be proved wrong of course, and always looking for info, but preferably info with impact- cheers.

[finkwot] 07/12/2017 09:21

this is a good thread. let's take it right off topic then.

[srpactive] 07/12/2017 07:56

SDT

A balanced sensible debate is good and this is a good thread.

What companies are you day trading at the moment if you do not
mind me asking?

[srpactive] 06/12/2017 19:50

No interest rise in the US, nevermind that
chap in North Korea with his massive fireworks could be
two for starters.

[stevedaytrader] 06/12/2017 16:11

6 days down and in line with all other gold stocks- unless gold rallies it will drop further, but at this price it would be brave to dump now, although a few months ago it dropped to early thirties. nothing in the short term to see gold rising, but who knows, be a brave person to short now though...

[killary cunton] 06/12/2017 12:45

look at BTC go.

I truly believe that will be gold at some point

[killary cunton] 05/12/2017 15:26

doesn't matter if gold keeps going down

[srpactive] 05/12/2017 14:31

Five consecutive down days.

[loganair] 04/12/2017 12:50

Working and living in this region for some time in my opinion China ever invading Taiwan virtually nil chance will use soft tatics, South Korea with or without their allies one day invading North Korea more than 50:50.

[stevedaytrader] 04/12/2017 12:23

I’ve day traded stocks for years but kept this one for a year now initially as a short trade but now have held with we’ll over the 6 figures. They are impacted by gold price and quarterly results only I’ve seen no evidence of other. Gold price being impacted by USA news/dollar. Rationale for holding this stock is dividends and market price and potential which all are excellent as is potential buy out and should all the waffle on Korea unfortunately turn in reality gold will jump

[loganair] 04/12/2017 11:01

I understand that for every 100oz of paper Gold traded there is less then 1oz of physical gold backing the said trades.

[srpactive] 04/12/2017 10:20

So take the dollar negative away and the value rises you presume,
good for holders and miners of gold then, we shall see, dyor.

[loganair] 04/12/2017 09:12

Russia & China could set international gold price based on physical gold trading:

Since Russia, China, India, Brazil & South Africa are all either large producers or consumers of gold, or both, it is highly likely that the BRICS bloc they constitute could focus its cross-border gold trading network on trading physical gold.

Gold pricing benchmarks from such a system would be based on physical gold transactions, which is a departure from the way the international gold price is currently established.

Such a system would also be a threat to “gold” trading markets in London and New York. The London Over-the-Counter (OTC) and the New York COMEX futures exchange currently set the international gold price.

OTC and COMEX are really trading synthetic derivatives on gold, and are completely detached from the physical gold market. In London, the derivative is fractionally-backed unallocated gold positions which are predominantly cash-settled. In New York the derivative is exchange-traded gold future contracts which are predominantly cash-settled and backed by very little real gold.

The major gold producers Russia, China and other BRICS nations could change the way the international gold prices are set currently - in a synthetic trading environment which has very little to do with the physical gold market.

[coxsmn] 02/12/2017 13:45

Mining companies caml and hgm are two of the best picks imho

[killary cunton] 01/12/2017 15:19

Korea etc had minimal impact as seen as war of words, cry wolf etc..until it does

[stevedaytrader] 01/12/2017 12:38

Impact on this share is USD- strong GDP the other day hit gold, down goes HGM, CEY, RRS, Hochs etc, dollar weakens reverse happens- the other is quarterly results. Korea etc had minimal impact as seen as war of words, cry wolf etc.

[loganair] 01/12/2017 09:25

9.99% of HGM belonged to the co-owners of Evraz Alexander Abramov and Alexander Frolov. They purchased this package in 2009, but they did not own it directly, but through the holding company Primerod International Limited, the main shareholder of which is Roman Abramovich. In November 2016, the co-owners of Primerod reorganized , as a result of which Abramovich remained its sole shareholder, and his partners obtained stakes in HGM directly. So, among the shareholders of HGM appeared the company Denalot Worldwide Limited with a share of 9.99%.

As of August 2017, Abramovich (through Primerod and other structures) controlled 8% of the gold miner, Evgeny Shvidler - 12.56%, Valeriy Oyf - 4.46%.

[finkwot] 01/12/2017 08:55

They bought a (smaller) chunk in September. ~1.5% IIRC

[srpactive] 30/11/2017 21:35

Yes it would be interesting to find out who bought them, dyor.

[eeza] 30/11/2017 17:18

RNS 1633

Denalot has dumped 15m shares (5% of the Co).

[killary cunton] 30/11/2017 11:21

what bad old Russia who have been guilty of everything ever committed in the history of man.