Highland Gold Mining Ld Share Discussion Threads

[srpactive] 02/2/2018 13:07

sdt

Yes pog ( petro ) up 30% since Aug 17, debt ridden
with high costs, hgm not and virtually no change,
this is being wrongly valued imho, I have been
buying recently so we shall see, dyor.

[stevedaytrader] 02/2/2018 12:59

Hard to short hgm in the past couple of weeks unless extremely lucky with small gains- consistent faller alas and am struggling to see why we are the dog stock today compared to other golds again- med to long time will be fine, hopefully sooner! No idea on your post alas, this is beyond my knowledge. Fingers crossed for a good close on hgm but vain hope more than anything else- I would guess as the fy17 results take soooo long to appear the only thing bar gold that is a mover for us is the feasibility later this quarter.

[srpactive] 02/2/2018 12:33

sdt

Off The Wire
Asia Gold-India demand picks up after tax announcement

[stevedaytrader] 02/2/2018 12:21

Non farms at 13:30uk time- let’s hope if estimates are correct and exceeds forecast this downside is already factored in and if they got it wrong and lower, the benefits are not yet factored in lol

[srpactive] 02/2/2018 09:42

Morning all

As Russia is one of the biggest cobalt producers,
do we or do we have the chance to mine it?

I do not think we do.

More consolidation, dyor.

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

Harmony to purchase Moab Khotsong gold mine from AngloGold for $300m
01 February 2018 - 13:21 Allan Seccombe

[srpactive] 01/2/2018 21:04

sdt

Yes quite right.

Gold now $1350 bounced off $1337, dyor.

[stevedaytrader] 01/2/2018 18:55

Hooray Woodhawk, grateful for small mercies, a rise at last- keep gold at least where it is and will be up again I hope- unless we get hit by a third weird scenario!

[woodhawk] 01/2/2018 16:41

Nice positive close - unlike most of my other stocks today!

[stevedaytrader] 01/2/2018 16:32

Gold is bought in USD- stock market impacts gold and other stocks - US largest number of fortune500 companies etc etc. Can't buck economics !

[srpactive] 01/2/2018 16:13

Yes agree, but China will be biggest soon enough and Russia
are buying all the gold, the US are not.

[stevedaytrader] 01/2/2018 15:58

SR- worlds largest economy, gold bought in USD. hxxps://www.focus-economics.com/blog/the-largest-economies-in-the-world

[srpactive] 01/2/2018 15:51

SDT

Good post, one thing I am annoyed with and have been for years is
nearly everyday we are waiting for the US to release
this news or that news, or that list, we do not bother
about the UK, EU or Asian data like this.
We give them to much time and it feeds the importance
whereas, I feel it should be a little more balanced as the
US could not give to hoots about us and probably quite
rightly.

[stevedaytrader] 01/2/2018 15:37

Non-farms tomorrow est of 195k beating forecast, hopefully this is factored in, we'll see. Big gold support even in high volatile times in very low 1330's. Still not found out on the big hits that we took, we exceed annual target on production and 5% greater than previous year- only negatives I could find are the obvious- the cost increase which hopefully was isolated to the one quarter, and the Q4 being the worst of the 4 quarters compared to previous year, not lower, just same- overall still 5% up from flat forecast. So should be very good results. Continue to hold. Hopefully with gold price OK today, we'll actually finish the day in the GREEN for the first time in a while...

[stevedaytrader] 01/2/2018 11:46

24th April results, consistent date eg April as last year. Long wait.

[srpactive] 01/2/2018 10:11

I only hold one gold miner and that is HGM, active
has now gone further cbm drilling at gdl.

dyor

[stevedaytrader] 01/2/2018 08:45

Yes, strange times indeed- yesterday was a rollercoaster and stressful and for the tough if you short on gold with high leverage. Keeping everything crossed, I would have taken this position at start of week Trump speech and fed out of the way- non farms Friday and hopefully already factored in, surely it must be. When are the YE financials out? I hold CEY and these were expected and nice divi.

[srpactive] 01/2/2018 08:07

Ninth straight non positive day.

As the US sage has said, the stockmarket is a mechanism of transferring
wealth from the impatient to the patient.

We shall see, dyor.

[garycook] 01/2/2018 07:54

Jim,Thanks

[jimbowen30] 01/2/2018 07:27

Gary O/T
I hold CEY in my ISA. It’s a great company and pleased with the dividend. Listened to the conference call for an hour yesterday and there is plenty of growth to come. It’s very undervalued imo and they potentially have another mine at Doorpa. Loads of cash on balance sheet too. I will not be selling anytime soon and political risk is lower than Russia and completely misunderstood.

[garycook] 01/2/2018 04:28

eeza,Thanks,Yes I know the ruling on AIM shares.Must qualify for Business Property Relief,for IHT exception.Dual listing shares,and Investment shares, do not qualify.

[eeza] 31/1/2018 23:50

You need to keep in mind that IHT exemption will cease if the share moves to the Main List from AIM.

[garycook] 31/1/2018 23:44

Jim,Yes thank you for the conformation.For me HGM a must have,because of the IHT element.Still my best share along with GVC,and PFC.I have a holding in CEY from 134p,I will sell that and buy more HGM.Jim we overlap with a few share holdings.Can you recommend anymore IHT exempt AIM shares.I already have in mind BLV,EHG,EPWN,MANX,NAH,REDD,and SHOE.TIA.

[stevedaytrader] 31/1/2018 19:59

OK- if any of you were watching live gold feeds since 19:00 announcement- it was very stressful for the hour- initial jump almost instant to mid 1342's then a mad flop over time all the way down to high 1333's now back up to mid 1342's again and climbing, long may the climb continue (I hope I've not jinxed it so touch wood!)...

[stevedaytrader] 31/1/2018 19:06

Fed info out now guys, watch the charts and listen to the broadcasts- gold impact.

[jimbowen30] 31/1/2018 17:36

Gary
Think i mentioned it before but HGM DOES qualify for IHT exemption according to Investors Champion website and another tax advisor. No advice intended. Strong buy at these levels imo though....