Kefi Gold And Copper Share Discussion Threads

[tim_the_trout2] 11/8/2020 15:38

I've got some good news and some bad news .... there's a Russian covid vaccine.


TTT

[robjm66] 11/8/2020 15:31

What’s the bet that either the stimulus or the vaccine or both have a limited effect.

Things were going steadily going down the pan before Covid though this present slide shows how you can get burnt spread betting the price of gold rather than investing in the physical or a miner.

[digger2779] 11/8/2020 12:17

Come on Harry the POG has dropped below 2000 while you fart about.

[shortarm] 11/8/2020 10:32

Some kind of bot is playing with this! 20 plus trades all at 11:22:46?

[robjm66] 11/8/2020 09:49

@avesome1968 Should get at least a feel for where kefi is at AGM thursday morning possibility that some good news might coincide with it but who knows. Will save most of the irascibility till then as pacing myself in this heat.

[richardjohn10] 11/8/2020 09:25

2.6 next stop.

[scars] 11/8/2020 09:19

Time to pity the sellers...

[rich1e] 11/8/2020 07:07

I didn’t say anything about devious and dastardly jaylett, I said “It’s all in the name of making a market, moving the price to attract buyers and sellers”.

The trick is not to fall for it. Hope that helps.

[sussexlibran] 11/8/2020 06:57

@avsome1968 - don't say that! You'll upset Harry's irascible disciples.

[jaylett] 11/8/2020 06:54

Yet more old pony about "mm's" and their devious and dastardly schemes. Never ceases to amaze the things that are attributed brokers on a tin-pot AIM stock that 99.99% of market participants have never heard of.

Some people got fed up waiting and sold, so the price went down. The end.

[avsome1968] 10/8/2020 21:50

They don't seem to have a lot of cash left, cash call coming i would've thought,keeping on the sidelines for now.

[rich1e] 10/8/2020 19:59

Alternatively, news arrives the share price jumps as buyers are willing to pay considerably more, the mm’s are selling stock they don’t have, and risk paying more to get the stock back they’ve just sold. How high will it go? the situations getting worse for them.

As it stands, get some stock, if news isn’t great take the price up, sell the stock to those interested more in a rising share price than the news, and then wait for the inevitable when the traders sell it them back, at lower prices.

[rich1e] 10/8/2020 19:23

I think the share price movement is just the mm’s paying 1.7p for the stock that they sold at 2p plus less than a week ago. They know that many of those that jumped on board the rising share price will bail just as easily in the opposite circumstances. It’s all in the name of making a market, moving the price to atract buyers and sellers. Ultimatly they know the same as the rest of us, Saudi news this month, that looks like being good. Cant blame them for stocking up.

[sussexlibran] 10/8/2020 18:01

@goatherd - so if you've not run a business your opinion doesn't count? And the only opinions that count are those that are the same as your own, it seems.

[divmad] 10/8/2020 17:56

With hindsight, it seems that Harry and the rest of the bod has little access to in-touch advisors who really knew the score with ANS, or with the Western banks.

[robjm66] 10/8/2020 17:05

Think you have to put ANS down to “it seemed like a good idea at the time”. Without the benefit of hindsight say you were in harrys situation and you had been let down by western banks but the Ethiopians were proving to be very helpful you were approached by wealthy and influential Ethiopians saying they wanted to invest what would you do?

Plus add in the factor that it’s very possible that you could upset people in the Ethiopian government that were friends with ANS or wanted them included to keep more of the wealth in the country if you told them to sling their hook.

Think in the same situation I would have jumped at the chance not knowing that later it would prove to be a mistake or a much higher gold price would give many more options.

That’s just me though :)

[tim_the_trout2] 10/8/2020 16:57

double post goaty
did you just fall asleep?

TTT

[tim_the_trout2] 10/8/2020 16:52

mind you I happily retired 3 years ago aged 58

TTT

[tim_the_trout2] 10/8/2020 16:51

goaty

are you saying that if you haven't run a business your opinion is worthless?

I haven't run a business and my opinion is worth jack.

makes sense

TTT

[sussexlibran] 10/8/2020 16:26

@shortarm - fair point, we will leave it at that. I've been into many squabbles on this BB and don't want to end up in another war.