Pan African Resources Share Discussion Threads

[dt1010] 29/12/2016 08:17

Gary didn't buy it all at once silly, don't fret lol

[edjge2] 29/12/2016 08:11

Banging 1150 gold, just wonder if this a DCB or for real, Bottoms being anticipated? Might crack up short bears. Dow not so healthy either so PMs might get a boost. Bounce down from 20000
First thing added, divi nice.
My other fav HOC in flying mode.
A santa/new year PGM rally?

[garycook] 29/12/2016 07:40

PI,Yes I understand the ISA rules.But also no trades of that amount were recorded yesterday ?

[panic investor] 29/12/2016 07:05

He could have had that amount of money built up in there - if you sell 43knworth of a bunch of stocks you can buy 43 k worth of another stockThe only constraints are on the amount of cash you can add on a yearly basisSame goes with the SIPP except you can add what cash you like

[garycook] 29/12/2016 00:15

DT1010.Please explain how you purchased £42,300,s worth of PAF in an ISA.When the ISA allowance is only £15,240 each for 2016/17 Tax year.Also there are no recorded trades of appox.138,000 and 150,000 purchases yesterday.What time is recorded on your contract notes for you and your wife,s purchases ?

[master rsi] 28/12/2016 23:53

It is always the opposite of what is expected
or
buy when everyone is selling

[dt1010] 28/12/2016 22:27

Prepping....lol

[edjge2] 28/12/2016 20:57

Likely scenario around trumping time


A golden year?

Guess new year real world will either jump on the wagon or try and snuff it. Emotions so bearish just might be the former.

[gold panda] 28/12/2016 20:09

yeah because it's rigged. that's why long term the best strategy is to look for companies with long LOM and Panaf is one of them. The Russian miners have that too but they are deep in debt, meaning they are deep in trouble during slumps like the one now. Majors have long LOM too but they are way too expensive

[dt1010] 28/12/2016 19:57

No one, NO ONE, can predict the PM market.

No matter how flash sounding their name is.

So many 'professionals' are wrong consistently. And yet they keep taking in the millions from fund management fees. Disgusting.

[gold panda] 28/12/2016 19:11

last year at this time some believed gold was going down to 500

[parsons4] 28/12/2016 15:59

Just topped up at 14.549 obviously bought on ISDX market all at that level showing as sales !! There is still stock available at these levels.

[gold panda] 28/12/2016 15:44

the dip gave me an opportunity to reinvest the dividend much cheaper, was going to do it at 18p anyway. btw i checked the last time gold logged 7 straight weeks of losses - it was in may 2004. slump recovered in around six months, price almost doubled in two years. fed was tightening during that period - began rate hikes in june 2014
if anyone is interested, i generated some charts:





so yeah, who said that rate hikes are bad for gold? dyor

[dt1010] 28/12/2016 13:51

I bought £42,300 worth of this today in ISA.
And £22,000 of it in my wife's.

Fully expect to see it double in no time.

Superb double bottom on the chart.
Fundamentally cheap.
Gold moving up from oversold position

Good volume today.


This should be 30p.

[master rsi] 28/12/2016 13:17

only 1.4K left on the order book at 14.75p
should move forward soon, if buying continues

14.75p
1,460
12:23

[garycook] 28/12/2016 10:24

At what price did you all give to buy.Was it 14.62 ?

[master rsi] 28/12/2016 10:22

Posted on the "UPS" thread late yesterday....

Master RSI 27 Dec '16 - 23:50 - 474 of 480
One of my Shares for 2017

PAF 14.375p

Gold producer and profitable even at low Gold prices

Gold price being a bit weak at the moment, but this does not cause too much problem to the company profits, very profitable and paying a high dividend.
Substantial percentage earnings increases for next year 110% and a very low PE of 6.3, yield of 6.5%.

Being on a very low PE with the forward growth, means she can easily double in price and still be cheap.

[panic investor] 28/12/2016 10:08

Added a few this morning

[its top up time] 28/12/2016 09:59

I'm in for some more PAF.

Anyone else?

[berkeley hunt] 27/12/2016 09:14

Gold looking perky this morning.