Polymetal Share Discussion Threads

[scepticalinvestor] 25/2/2021 12:51

POLY really taking a beatingIs there some news we are not aware of?

[imastu pidgitaswell] 25/2/2021 12:37

I am missing some trading opportunities here - but I'm not taking the risk of selling for these sort of prices.

I don't think we will be seeing them again for along time, if ever. Quite annoying watching the conveyor belt go by though - 'come and have a look at what you could have won' as per the late great Jim Bowen...

Not selling any of these, or FRES. As you say, roll on next week.

[scepticalinvestor] 25/2/2021 11:19

1300 today anyone lol

[scepticalinvestor] 25/2/2021 11:17

next week can't come soon enough...

[farrugia] 25/2/2021 10:21

no HOC also have the rare minerals thing going for them now. They bought the mine in 2019 remember?

[imastu pidgitaswell] 25/2/2021 09:45

Not really - more of a silver miner than POLY maybe (silver $28, near 5 year high and climbing - I mean look at FRES soaring...😒)

That, or they're just out to get us...

[scepticalinvestor] 25/2/2021 09:12

Interesting to see HOC is up - any ideas?

[action] 25/2/2021 09:00

Gold and silver will jump by 5 to 10%From current level. 1400p is bottom here.

[scepticalinvestor] 25/2/2021 08:34

I think this will hit at least the 1650s when results are outJust shorts taken advantage whilst they can imo

[imastu pidgitaswell] 25/2/2021 08:34

Could be worse - you could have sold some SAGA (speculative and risky) to buy more of these (safe as, er, gold)...




🤦‍♀;️

[zicopele] 25/2/2021 08:28

It probably has to do with the bond yield curve. Any increase in yields spooks the gold market.

[scepticalinvestor] 25/2/2021 08:24

why? DYOR man!

[farrugia] 25/2/2021 08:22

enlighten me man then!

[scepticalinvestor] 25/2/2021 08:15

lol that has got absolutely 0 to do with the drop

[farrugia] 25/2/2021 08:12

the problem with this one is that its one of the stocks IG wants to stop offering as a CFD/spread bet so clients are forced to liquidate I think - what's the current dividend yield here? is this a pure silver play or they also have gold?

[farrugia] 24/2/2021 23:25

So what's the current dividend yield here?

[scepticalinvestor] 24/2/2021 15:44

crikey from 3% up to being lucky to cling above 1500insane, wish the FCA weren't all a bunch of spineless cretins

[imastu pidgitaswell] 24/2/2021 13:55

There is a fair bit more to it than that Mick, but it's true it's not as smooth and simple as this is.

If you do want to think longer term, there is a good overview of their prospects in the link below, and obviously they will update with the results as well. Slide 40 is probably what you have seen - gold production declines to 2022, but just over the horizon, slide 39, shows the real story - the Orisyvo mine coming on stream - 180+ koz p.a., or around 25% of current gold production. And obviously silver production continues to grow throughout.




I have more invested here than FRES, so certainly favour this - at these prices.

[prettygreen] 24/2/2021 13:51

FFS ! Here we go again as the USA opens and gold nosedives - getting to be a regular occurrence

[mickinvest] 24/2/2021 13:08

All a lot smoother today and had a quick look at the numbers of Fresnillo and can't say they impress me. Decent play if the silversqueeze takes off but not seeing any great growth prospects like Polymetal has. In fact Gold production is falling rather steeply with various excuses given over the last few years. Production of 925Koz on 2018 and now forecast 675Koz-725Koz in 2021, think I'll pass on them.

[imastu pidgitaswell] 24/2/2021 08:09

A (temporary?) halt in the lunacy.

Right, nothing to be done here, bought all I can over recent days - not selling any this side of the results, and after that it's price dependent, but frankly it's easily worth £20+ (see yesterday's earnings/dividends/valuations discussion) on a bad day.

[scepticalinvestor] 24/2/2021 07:31

Then again gold spot is up so this will probably tank again...;)

[rimau1] 24/2/2021 07:04

Good valuation discussions yesterday. Suffice to say this is for sure single digit rated now. I had a limit order set a smidge under 1500 that finally got executed so i am happy to join here. A lot of folk also forget that this is also a silver play which appeals to me. I will continue to add on any further falls and look forward to the results confirming what you have all articulated. Near term production triggers, Pox bringing costs down and strong management delivering on the pipeline.