Kaz Minerals Share Discussion Threads

[rampant_bull] 18/7/2017 20:18

Gutted I sold out at 5.40 but I'm still not buying this rise. Hit £6 in February when copper was 2.8, it was at 5.40 two weeks ago when copper was at 2.7, it's now at 2.71 and this has jumped to £6.35. On the back of positive Chinese data that marginally beat expectations. There's still huge amounts of risk out there and equities are over valued. Staying out for now but hoping to get back in sub 500.

[carl79] 18/7/2017 17:10

Another good day. Sweet

[manics] 18/7/2017 16:39

634.50 your days UT.

...and Wednesday thrice?

[mr roper] 18/7/2017 16:29

wait til the copper market goes into structural deficit in 18mths..this will be at multiples

[smurfy2001] 18/7/2017 16:25

It can do what it wants from 800p ;)

[rampant_bull] 18/7/2017 16:23

It has to pull back at some point.

[manics] 18/7/2017 14:36

Agreed. Elements of the short clearly want out and away ahead of the update. Could foretell a ping north on the day imo.

[umitw] 18/7/2017 12:49

I think this rise due to shorters closing their position.Nothing to do with Cu price.

[abryer] 18/7/2017 12:43

Gutted here too, sold 5.37 and bought Ved 6.96

[racg] 18/7/2017 12:23

Tempting to sell some, yet tempting to let it roll further.

[umitw] 18/7/2017 12:20

Well done smurfy2001. I am a bit annoyed that I sold all out yesterday's rise.

[smurfy2001] 18/7/2017 12:16

Just hit 250% return although l did take my original investment (book value) out sometime back. My average is 179p. Lovely.

[umitw] 18/7/2017 11:28

Well I sold at 611.5 & 610 . Hoping I will buy when handle or pul back develops. It may never happen knowing my luck!

[rampant_bull] 18/7/2017 09:54

Relentless here, all other miners down, copper down yet up 3%.

[manics] 18/7/2017 09:44

Dare we dream for solid-ish continuation into results? Six sessions remain after close today.GLA.

[mr woodentop] 18/7/2017 09:37

8 handle before i sell (thanks Manics). Convinced there will still be a nice copper shortage in the future, probably starting next year, and Kaz are now low cost producer. Bring on the divi!!

[smurfy2001] 18/7/2017 09:30

Long may it continue. 800p is my exit target.

[volsung] 18/7/2017 08:39

I am a small dog wot has a sore leg, has a sore leg, has a sore leg. I am a small dog wot has a sore leg. Please avoid my balls.

[racg] 18/7/2017 08:36

It is a rocket.

[mr woodentop] 18/7/2017 08:33

is it a fork handle or a cup handle? I'm getting really confused.....

[umitw] 18/7/2017 08:18

So far looks like a break out to me, not a handle forming!But time will show of course.

[racg] 18/7/2017 00:08

Any chance we can keep the posts on point ?

[markiemark321] 17/7/2017 17:49

Amunro, If you fancy a punt check out IDP. Good gains already, but may have allot further to go. DYOR.

[plastow] 17/7/2017 16:36

But master how long before we see £10

[carl79] 17/7/2017 16:30

Excellent. In my youth I'd have tried to trade this over recent months. I'd have racked up a bunch of costs and I'd have called it wrong more than a couple of times... Glad I see the sense in holding stocks that have upside now and just letting them run... Much less stressful and so far, extremely rewarding! Good luck all, whatever you take on Kaz is...