Highland Gold Mining Ld Share Discussion Threads

[bigdazzler] 01/9/2016 12:17

There is no denying this is a good company I'm still hoping for lower.

[srpactive] 01/9/2016 12:04

I think the mm's are trying to scare investors out now,
sp 105.75p, whilst the bid is 106p and offer 106.5p.

Now bid 106.5p, offer 107.5p, anyone for a mugging!

Really.

I think we will finish blue today, which may indicate a good reversal on the candles
and could lead to the start of the next leg higher, fingers crossed.

dyor

[bigdazzler] 01/9/2016 11:32

I'm expecting a dip below 1300 as well. My target for gold is constantly changing due to trend lines.

However my real low point is around 1250 but I more expect around 1270-1290 which are my trigger points to start buying gold which includes HGM.

[celeritas] 01/9/2016 11:19

Blackrock have been selling some gold miners, probably others doing similar.
Gold still over $1300 but I'm expecting that to be tested today or tomorrow especially with the way gold miners have performed.

[garycook] 01/9/2016 10:39

Good for you srp.Will bottom soon,and then start an upward trend.Its been hammered with other Gold shares,for no partitular reason.Gold down only around 5%,in the same timeframe,of HGM falling 27%.

[srpactive] 01/9/2016 10:09

HGM did a similar move to this at the start of 2015, moved upto
47p then dropped to around 34p a move of 27%. Then quickly moved
back over 55p. We touched 147p earlier this month, and now 107p,
a drop of 27%. I have just bought more.

dyor

regards

active

[celeritas] 31/8/2016 16:44

Job figures due this week will give guidance with this on off rate rise.
Needs to be out the way really as Yellen is keeping PM's hostage.

[srpactive] 31/8/2016 16:25

Or the mm's walking it down, for their friends to buy
at 110p, before it moves onto 220p.

dyor

[celeritas] 31/8/2016 16:10

The seller was there at 140p but was being mopped up by a buyer. The buyer is now quiet which is why hgm are at 110p.
I'm always wary as those who control gold know exactly when to buy and sell mining stocks. Most are currently being sold but gold is still over 1300 which does make me concerned.
Is a gold smack down coming, I've seen it before with those in the know preparing before hand.

[11_percent] 31/8/2016 15:56

Ok, so who is the seller.

[trt] 31/8/2016 15:46

Day by day this is being walked down to £1, if £1 doesn't hold could see 75p again.

[srpactive] 31/8/2016 14:55

Paf, hgm and gold attempting to find a base,
we shall see.

dyor

regards

active

[srpactive] 31/8/2016 12:21

Before it was taken over I used to own shares in a company
called Retail Decisions ( rtd ), and their share chart was
similar to hgm, it used to double then retrace 20-25%, then
double again and so on. We have done similar here from 70p,
now for the charge to 220p.

dyor

regards

active

[srpactive] 31/8/2016 07:26

As with all companies we must keep an eye on the profitability,
growth and sector movements. The miners are taking a bit of a
thump after a good run, and it is the end of the third quarter.

I am still happy with HGM and the sector, but yes a little disappointed
with the share price but the gold price is still at a good level.

If you put the chart up from 2003, it will give a better view rather
than just the past two weeks.

dyor

regards

active

[garycook] 31/8/2016 01:47

trt,Well done for that !!! So where is it going after it falls to a £1 clever clogs ?

[trt] 30/8/2016 22:19

That bit closer to £1 as I said last week.

[panic investor] 30/8/2016 18:59

Sorry I thought you meant as a current holder ! Apologies

[plasybryn] 30/8/2016 18:55

If I buy now with a lower entry price, I will get a better return, income wise. Simple

[panic investor] 30/8/2016 18:49

The yells % increase but you only get the same divi cash so not sure what your trying to say tbh

[chipperfrd] 30/8/2016 17:52

Plasybryn

I have 30th April and 2nd Oct but they may have shifted somewhat this year.

[srpactive] 30/8/2016 17:51

Last year 1st October.

[plasybryn] 30/8/2016 17:21

Yield will be improving. Not sure when it goes ex dividend but this is good news for income lovers!

[bigdazzler] 30/8/2016 17:16

Anyone's views on gold over next month to 6 weeks.

I'm looking for a minor correction back to 1300 or a larger one to around 1250 on spot gold.

[11_percent] 30/8/2016 17:01

This is over done.

Agree with Celeritas, there must be seller somewhere.

[celeritas] 30/8/2016 16:19

Must be a large seller around.