Highland Gold Mining Ld Share Discussion Threads

[11_percent] 21/5/2018 07:55

The thing is, gold support at 1265-1270 may not hold and we could see HMG below 140p.

[11_percent] 21/5/2018 07:53

Yes GARY.

I have sold a few last week, on the assumption that the pattern will go on.

Will buy even more if goes to 140p odd again.

[garycook] 21/5/2018 07:49

HGM share price holding up well atm.But could well get a buying oppurtunity here if the POG,keeps dropping much further.

[11_percent] 21/5/2018 07:46

POG heading for support at 1265-1270.

[craigo121] 20/5/2018 20:40

Ive done massive from HG but moving 10% of my stock over to WEB{webis) relaxed US gambling laws have opened up the door for WEBis whom are perfectly poised with knowledge has to be a 10 bagger from here looking at 100p end quarter

[srpactive] 20/5/2018 19:38

I see the negative one has arrived spouting his rubbish.

The important point that matters is whether Mr A gets is hands

on his £1.5bn nornickel stake.

dyor

[casual47] 20/5/2018 18:00

Why should anything happen?

I'm surprised Abramovich hasn't done what lots of rich Russians have done: Pay $1million USD to the Cypriot government in exchange for a nice burgundy European Union passport.

[montyhedge] 20/5/2018 17:27

What happens to Highland and Chelsea if they don't renew?

[casual47] 20/5/2018 13:58

FT report that Abramovich didn't attend the Chelsea match this weekend because his UK Visa has expired and it is not clear yet if he'll get a new one.

[srpactive] 19/5/2018 12:19

C

Quite right it is better we all have a slice of
success.

[coxsmn] 19/5/2018 10:41

Srp, if i'd bought aa when you did i would have doubled my money in about 5 seconds.

[srpactive] 18/5/2018 20:44

Yes well done there, should have joined you, nevermind.

[coxsmn] 18/5/2018 18:22

Srp, good results this week over at ng.

[srpactive] 18/5/2018 09:16

Morning all, has anyone heard anything from the
Abramovich courtcase regarding RA being able
to sell his stake in Nornickel?

Edit:

Russian businessman Deripaska resigns from Russia's EN+ board

[loganair] 17/5/2018 20:51

HGM Lead and Zinc is sold in USD and these are the US dollars HGM use to pay for the things in US dollars that need to be paid in US dollars.

[casual47] 17/5/2018 20:45

Loganair, quite right. Makes using POG$ as a predictor rather bonkers.

[loganair] 17/5/2018 20:33

In both Rouble and Sterling terms gold is at near 6 month highs.

Important to always bare in mind that around 80% of HGM costs are in Roubles and our dividends are paid in Sterling.

And around $40mln of HGM turnover is Zinc and Lead.

[casual47] 17/5/2018 20:13

Shady, if anyone's brain is in 1 dimension it is you.

You have a simplistic view on POG vs gold miner movements. You think there is strong enough causality to look to POG to predict "great entry points".

You don't take into account the other "dimensions" which often are much more relevant:
Currency movements, HGM getting paid for their gold in roubles, company fundamentals, RNS news cycles, oil prices, Russian economy and general country and region risk, sanctions, North Korea/Iran kicking off, etc.

There is no science in your method. It is just guesswork. Your "4/5 working days" prediction shows it is also stupid guesswork.

[shadyhill] 17/5/2018 19:57

You are doomed to exist in a 3 dimensional world with a 1 dimensional brain. If you ever see the light let me know, until then I shall remain silent to your observations.

[casual47] 17/5/2018 19:52

Anyone can predict a gold price within tested support ranges and claim credit for it after unspecified number of days.

The bullsh1t was:
1. Saying it would hit in 4/5 working days
2. Using it to predict a "great entry point" for HGM

Failed on both counts.

[fangorn2] 17/5/2018 19:50

@SRPActive,

Nah just linked it for general interest. I dont follow the CEO's company in question so wasnt aware that he has "said all this before"

As to impact on Gold price.

Debt crisis is going to see price rise considerably imo.

[shadyhill] 17/5/2018 19:45

$1285 hit.

[casual47] 17/5/2018 19:36

So it's sterling's fault, not your wonky crystal ball.

I am very relaxed and actually rather enjoy calling out bullsh1t where I see it.