Pan African Resources Share Discussion Threads

[srpactive] 15/3/2016 16:34

And hgm, Old Mutual buying more here.

dyor

[pixi] 14/3/2016 15:41

When gold turned on a sixpence in December, PAF has been the place to be. HUM has also done well.

[donald trumpton] 14/3/2016 13:49

I am therefore speculating on early April seeing a repeat of the performance we saw in the Dollar, POG and PAF, in early February.

Moves like that bi-monthly, would suit me fine!

[donald trumpton] 14/3/2016 13:45

I've just looked at the weekly charts for the US Dollar. Awesome!

Whilst short term there is a risk to us of a little rise in it's value, longer term it appears to be heading for the edge of a cliff.

If so, Gold will rocket, taking with it by multiples more, the Gold miners. One of the best of which - is PAF.

Dyor

[donald trumpton] 14/3/2016 12:33

Bolted on more just. Has to be done.

[coincall] 12/3/2016 15:28

and a dividend!

[flyposter] 12/3/2016 11:43

I agree pixi, if POG goes up that is an added bonus, I bought this company because it's a cheap quality share, with momentum.

[pixi] 12/3/2016 11:17

This is my largest holding by value. In a rising trend, I couldn't give a monkeys about any price fluctuations. I am not selling any of my gold holdings for a very long time. I intend to buy on any weakness.

[donald trumpton] 11/3/2016 15:14

History repeats itself because humans will never learn, even if you show them the facts.

Glad I'm not one.

[pixi] 11/3/2016 14:03

mrwhits, I imagine that it will go "bang" on the first sovereign default. At the moment, countries are vying with one another to devalue their currencies to kick-start their economies and make it easier for exporters to sell their stuff. They cannot devalue too much because the population would notice how little their money buys and get angry and start rioting. As you pointed out, currency devaluations are good for gold.They cannot put interest rates up too much because it will also increase payments to service their debt. So the general trend across the world has been for countries to move to negative rates, which is also good for gold. Many countries are technically bankrupt. Sooner or later someone will get into difficulties with debt and that will be it.

[donald trumpton] 11/3/2016 11:34

I think the fact that POG achieved a new high for the year of over $1284 last night, is significant (either a market top, or sign of better times!).

If Gold continues to rally this year and next, PAF will continue to rally exponentially also! There will be no limit, so long as POG keeps rising and mega profits keep dropping into PAF's bottom line.

[pixi] 11/3/2016 09:40

Brokers have a target of 19p for PAF. I have topped up with 50,000 at 13.1674p.

[srpactive] 10/3/2016 21:01

mr md

You are most welcome, do not forget the dividend.

[flyposter] 10/3/2016 18:03

Exactly how I felt when I came across PAF on Stockopedia, and got myself some, donald trumpton.

[pixi] 10/3/2016 17:43

It seems the Americans have not finished with gold just yet and are determined to take it higher: $1272.30+19.40. This should fly.

[mister md] 10/3/2016 15:48

Up 60% since investing in these - thanks srp for highlighting on the HGM thread

[srpactive] 10/3/2016 14:27

dt

Agree, paf raging buy as gold and platinum moving higher.

dyor

[donald trumpton] 10/3/2016 14:01

Things are now looking UP in POG country. Tantrum over.

PAF getting ready for new leg up?

[donald trumpton] 10/3/2016 13:02

POG throwing a bit of a tantrum. So where next?

[pixi] 10/3/2016 11:42

Topped up with 100,000 at 12.95.

[donald trumpton] 09/3/2016 10:50

Nice find coincall. Thanks.

Very interesting article too 2vdm!