Pan African Resources Share Discussion Threads

[srpactive] 16/2/2016 16:31

Volume up now over 6m, was only 3.5m an hour ago.

dyor

[srpactive] 16/2/2016 15:36

On the lse thread, poster stated a one million and a half a
million buys went through on Friday, now another one million.
Looks to me as someone is building a fair sized stake, could it be for
Randgold?

dyor

regards
active

[srpactive] 16/2/2016 15:00

The 1m buy has helped, now for the rise.

dyor

regards

active

[donald trumpton] 16/2/2016 12:27

My truck's backed into the loading bay and it's taking pallets of the stuff, below 13p.

Thanks.

[srpactive] 16/2/2016 11:38

Gold moving higher again, I feel we will be
challenging 15.75p during the next leg higher.

dyor

regards

active

[srpactive] 16/2/2016 08:49

Morning all, topped up a little more here,
I feel the markets will turn lower again
and gold will continue its rise.

dyor

regards

active

[hazl] 16/2/2016 08:16

I presume you still in FQM pixi....mostly copper based?
I do not hold here but I think gold stocks more likely to recover before base metals.
imo

[donald trumpton] 15/2/2016 10:53

Why, is that when you turn 55? Fair enough.

[pixi] 15/2/2016 10:19

I'll join you in a couple of months.

[donald trumpton] 15/2/2016 09:37

Gold bugs getting another lovely opportunity to load up. Will you take it though? I am.

[srpactive] 14/2/2016 15:22

DT

I agree, hopefully we could average $1300 - $1400 this year,
and the gold miners figures will be compared to $1100, which
will give a very positive read indeed.

Fingers crossed, I was one of the buyers at 7p and not selling,
I was also one of the hgm buyers at 30m and not selling there either.

Gold miners along with fccn and gfs will be the stocks of the year.

dyor

regards

active

[aishah] 14/2/2016 12:50

Will the gold rally last? Market turmoil, dropping mining production and geopolitical worries will keep the price of gold up

[donald trumpton] 14/2/2016 12:27

What you don't know pixi, is that it already has.

[pixi] 13/2/2016 22:39

The chart shows it happened on Thursday 11, when the volume simultaneously peaked. So what happened is the thundering herd suddenly got the hots for gold and didn't want to miss out and bought pushing the price up to 1264. Meanwhile the traders were getting out. Now the price is falling and the people who bought in a frenzy will be regretting their purchases. Short-term, this has been positive time for gold. But what they don't know is that gold is in a long-term downtrend that has yet to bottom out.

[wasntreallysurewhatwasgoingon] 13/2/2016 18:51

"When gold hit it's peak." Oh yes, and when is that going to be exactly pixi??

[pixi] 13/2/2016 16:26

corrientes

Really? Go have a look at a basic three-month chart with macd, rsi and slow stocks and you will see this topping out along with gold. The indicators are turning over at the top up the uptrend. People who got in at 7p are selling around 14p, doubling their money. Look at the number of bigger sells. When gold hit it's peak. longs would switch to short.

[srpactive] 12/2/2016 16:13

500000 bought at full ask, looking good for a charge
come the close.

dyor

[srpactive] 12/2/2016 08:07

corrientes

Good morning.

Can you continue to post your information
regarding open interest and under/over bought thoughts.

tia

regards

active

[edjge2] 11/2/2016 21:41

Time to get a few on the drop Pixi? Breather looks in order my parabolics are telling me.

[srpactive] 11/2/2016 20:16

New bull market, here is to $2000, just imagine the
figures next year.

dyor

[corrientes] 11/2/2016 17:31

No its not. Open interest still low.

[pixi] 11/2/2016 17:12

I don't think it's going to last, gold is well overbought.