Polymetal Share Discussion Threads

[fuji99] 30/7/2021 09:58

When gold crosses $2000, what to worry about when many companies debt exceeds billions ? In fact majors will be more than pleased to swallow POLY with its debt to have access to the huge exploration areas it has in Russia and Kazakhstan which are almost the size of continents.

[montyhedge] 30/7/2021 09:54

180,000 at $1800 revenue quite good from one new mine, starts November.Every little helps, lol. Perhaps that's why Berenberg said 2300p.

[montyhedge] 30/7/2021 09:50

Lol you're never filtered me, you know I have the most followers on ADVFN, you lot can't even afford L2.Call yourself a trader having a laugh.

[montyhedge] 30/7/2021 09:48

Debt a worry don't see that has any kind of problem, every good company has debt. But of course if it worries you don't buy any Polymetal shares.I love Polymetal for trading plus in Isa for free dividend income.Nice 7.2% forecast, that's without the new mine starting production

[destronge] 30/7/2021 09:43

All looking positive but debt is a worry?

[trader465] 30/7/2021 09:41

monty - what is "high grade gold"?

[montyhedge] 30/7/2021 09:22

The new Polymetal mine starts November 180,000 oz high grade gold. Can't you imagine next year's dividend, wow.https://www.mining.com/web/russias-polymetal-starts-construction-new-gold-mine/

[montyhedge] 30/7/2021 09:11

Bears can't keep this down for much longer with gold now over $1800, soon be through 1600p. Polymetal are making a fortune, new mine come into production November, bigger profits and dividends.

[fuji99] 30/7/2021 09:00

Why ? Artificial manipulation, that is the reason Monty ! They need to buy as cheap as possible, but their funds are already committed elsewhere so they "delay" the rise to jump into POLY train as soon as they close their positions in profit. Today, by magic, all miners are suddenly out of favour and sharply down from RIO to BHP ... There must be a reason ...

[montyhedge] 30/7/2021 08:07

Physical gold $1827 superb, but can't understand while Polymetal revenue up 12% has lost its correlation with gold and shareprice, before at $1827 Polymetal well over 1650p.Strange but I suppose out of favour, even Berenberg target 2300p with a BUY.

[montyhedge] 30/7/2021 08:01

Yes Polymetal at least making a fortune with gold around $1800.Tipped worth a read.https://www.fool.co.uk/investing/2021/07/26/8-dividend-yields-3-of-the-best-ftse-100-stocks-to-buy/

[fuji99] 30/7/2021 07:34

Gold up, Yamana Gold [AUY] released excellent results + divi up. This sector starts to seriously wake up. Time to fill your boots for those not in it yet.

[montyhedge] 29/7/2021 16:18

Way I see it gold to test $1834 tomorrow and Polymetal through 1600p psychological barrier, to 1615p.

[fuji99] 29/7/2021 14:48

The thing that will change the stagnation of gold and silver is the extent of actual inflation. It will rise and will remain high for a long time due to higher salaries, higher costs and less available goods due to Covid that is hurting logistics and efficiencies.

[montyhedge] 29/7/2021 12:53

Gold bulls on rampage, Polymetal still way out of line with gold at this price. Normally shareprice very correlated with gold, but seems out of sync.Shareprice normally would be 1635p.Don't know why rns was good revenue up 12%, Berenberg target 2300p yesterday. Can't believe under 1600p, bulls down at Goodwood races again, lol.

[imastu pidgitaswell] 29/7/2021 12:35

$1835 or so a resistance for gold. (sold none so far 😎)

[fuji99] 29/7/2021 12:33

You may be right Monty, gold has waken up in a solid move. It could be its time has finally come after years of decay. - - - hTTps://www.kitco.com/charts/livegold.html

[andyview] 29/7/2021 11:35

great bounce today, sitting tight for higher prices to come. gla

[montyhedge] 29/7/2021 11:34

I see straight through 1615p tomorrow, bears short and caught will close positions before the weekend, otherwise with gold on a bull charge, losses will mount.

[farnesbarnes] 29/7/2021 10:38

notayesmaneconomics has had inflation stories in Eurozone and yesterday in particular Germany, and the problems being faced there, over the past two days. Inflaytion? Paula?

[montyhedge] 29/7/2021 10:22

Gold on a roll $1820 Polymetal was 1625p last time gold was that price.Berenberg target 2300p wonder what gold price they are expecting.Dividend should be around 45c when announced with interims couple of weeks time.