Highland Gold Mining Ld Share Discussion Threads

[shadyhill] 04/4/2018 19:09

I refer you to my previous posts.
Please try and calm down, this is not personal. I have no problem with your methods, but find it hard to understand why you care so much about mine. Life’s too short.

[casual47] 04/4/2018 19:02

Can you explain what the point was of your post last week re. Charts telling you that in 4-5 days price of gold is looking to drop to $1285 but bounce afterwards?

What use is it to anyone? Especially out of further context?

What actions do you yourself take based off of it?

If you keep moving the goalposts ("may still happen later") after having yourself defined a very specific period then, again, what is the point? That's just broken clock right twice a day.

I invest long term based on RNS and I do pay attention to indications of bottom supports and previous peaks to decide if it is a good entry point. (Though I don't go back more than 6 months)

I only sell based on news and when I'm banking profits.

[shadyhill] 04/4/2018 18:49

Just plotted BULL against HGM and whilst they don’t match precisely, the major peaks and troughs do coincide. As with a lot of PIs I think you spend too much time on the day to day movements rather than the big picture. I’d recommend you read “the reminiscences of a stock operator”. Best trading book ever written in my mind.

[casual47] 04/4/2018 17:44

As you are posting on HGM I presume you use gold price movements to proffer good buy-in/sell moments for HGM.

The trouble with this is that not only are you relying on the hit-rate of your gold chart analysis but also banking on its causality in shareprice movements of a miner.

As we have seen today that causality of gold miners reacting to gold price is just as dodgy.

[shadyhill] 04/4/2018 17:25

Still here, and there is still a chance will make the 1285 low.
Just based on a large ABCD pattern completing and coinciding with a Fibonacci retracement. As with all technical analysis it doesn’t work all the time, but applying the principals over time you get a pretty good hit rate. We’ll see. Regardless of hitting 1285 - medium term gold looks bullish.

[casual47] 04/4/2018 16:47

Where is our gold clairvoyant? Can we call bull on the "drop to $1285/oz then bounce" story yet?

[casual47] 04/4/2018 16:46

Amazing how you can say this with certainty.

Must be why most other miners are down too? CEY, RRS, etc

Those pesky Russians get everywhere....

[celeritas] 04/4/2018 14:42

Russia is weighing on HGM.

[garycook] 04/4/2018 13:56

srp.Yes.Surprised to see HGM down today with Gold at $1,346 ? Also hoping for around a 5p Final dividend next week

[srpactive] 04/4/2018 13:48

gc

Feet up time approaching if not already.

[garycook] 04/4/2018 13:43

srp.All good.Turned 60 last week.Just waiting for this market to turn North,but too much bolictics going on atm.

[srpactive] 04/4/2018 13:24

GC

Yes I would have thought early next week, we shall see,
hope you are well?

God $1346, above the $1342, now hopefully challenge of
$1352 and $1357, dyor.

Ignore my posts.

active

[garycook] 04/4/2018 13:21

srp,We must be due Final results next week.Last year April 10.So could be next Monday April 9 ?

[srpactive] 04/4/2018 12:52

I thought we would be positive due to the gold bounce,
nevermind.

[srpactive] 04/4/2018 09:35

Good morning, gold looking better, dyor.

Ignore my post.

active

[loganair] 02/4/2018 19:22

Dow Jones now down 650 points(-3%), the worse start on record to the second quarter of any year while gold is up $21 + 1.6%, £11 + 1.2%, rub1,600 + 2.3%

[stevedaytrader] 02/4/2018 19:09

hedge funds back into gold- hope the rise continues over night and here’s to a strong opening fingers crossed

[haughtonhoney] 02/4/2018 08:39

Will take a look loganair, thanks

[loganair] 01/4/2018 20:49

haughton - If you do not mind investing in another Russia gold miner then I would take a look a Trans Siberian Gold (TSG)

[meanreverter] 01/4/2018 19:55

→ haughtonhoney: I've held CMCL for a few years now. I like and trust the management. The new deep shaft, now well on its way and scheduled for completion in 2020, is an ambitious project that will give the mine a new lease of life.

It says a lot for the company that it kept going all through the Mugabe years. You will have to make your own judgement about balancing the attractive prospects against the obvious risks, of which only the jurisdictional risk makes me uneasy.

[haughtonhoney] 01/4/2018 18:57

Anybody on here invested in Caledonia Mining?Thoughts please?

[loganair] 01/4/2018 14:52

Living and working in these countries with a family, the Chinese are way better then the USA or Western countries as they are family orientated, the family comes before the company, the senior boss will take the place of a junior if the junior needs to be home attending to his family which doesn't happen in the West.


I have no problem with HGM being in Russia as it seems to me Russia, China and Iran are grouping together. China hopes to bring in S.Korea as they both can't stand the Japanese and once China starts to over take the United States I can see India coming on board with the Chinese.

Russia are also getting closer and closer ties with Saudi Arabia which in my view is going to keep the price of oil up.

China, Russia, Korea, India and Iran are going to be a very powerful grouping, leaving the United States and the ever integrating EU further and further behind is why in their wisdom I am glad that the UK is leaving the EU. I just wish that the Republic of Ireland, Denmark, Sweden and Finland would join us.

All of this I can see will be positive for the price of gold and therefore positive for HGM.

[shayadfn] 01/4/2018 12:52

If I was given a choice between the US & China, as to which country I would like to visit as a tourist, I would pick China, US seems to full of gun-totting, religious morons, full of bile and hate. Although I'm off to Canada for a break in 2 wks with No plans to go across the border to the land of numpties.

[loganair] 01/4/2018 12:36

Out of all the major Crypto's, Ethereum seems to me struggling the most as it is currently trading at $375, down from its over $1,300 high that it saw in January, a fall of around 75%.

There are reportedly now to be over 1,600 crypto's with a new one coming on line daily.

Blockchain technology is hear to stay and I see crypto's will eventually become no more than highly regulated digital fiat money.

Sadly all those many, many people who out of greed for money, bought crypto's at their frothy and overly exuberant highs have lost a lot of money in the bump and dump game, I would call scam, that was happening during 2017 and January this year where only a few view made a massive amount of money while the majority lost a lot of money, many of who could not afford to lose the money they lost.