Scotgold Resources Share Discussion Threads

[roddyb] 19/1/2023 08:26

Q4 results look complicated by the wording to disguise the fact they are a long way from becoming profitable. Ugly share price action as a result.

[steelwatch] 17/1/2023 00:56

Gold Price Live
Current Price £1,572.47 $1,918.67

[steelwatch] 13/1/2023 16:35

Gold Price Live
Current Price £1,567.65 $1,912.00

[steelwatch] 10/1/2023 16:40

Gold Price Live
Current Price £1,542.14 $1,874.08

[steelwatch] 04/1/2023 18:41

Snapshot:

Gold Price Live
Current Price £1,534.98 $1,851.73

[steelwatch] 28/12/2022 18:30

Gold currently just over $1800/£1500 per troy ounce.

[steelwatch] 18/12/2022 11:30

Annual results to end June due this month. Q4 update due late January.

[steelwatch] 22/11/2022 10:55

Nice to see:

[steelwatch] 09/11/2022 16:56

Gold Price Live
Current Price £1,503.06 $1,713.45

[barony] 02/11/2022 23:17

Answer given re divi - likely to be discussed in q4 2023.

[barony] 31/10/2022 11:07

When will the header change to reflect the fact that Scotgold is now in operational profit territory? i.e. show a positive eps. Is that dependent on a full year of positive results? What’s the general feeling on timing of first divvi here? Things here are looking very positive under the newish management.

[steelwatch] 20/10/2022 10:49

Just now £1,459.59/oz.

According to share price Angel this morning, £544/oz AISC* once full production is hit.

(*All-In Sustaining Cost )

[steelwatch] 11/10/2022 19:49

With all the market turmoil, sterling gold price just now £1,512.97/oz

[steelwatch] 04/10/2022 19:20

GBP up. Sterling gold Current Price £1,504.93 just now.

[barony] 03/10/2022 13:43

Divi tentatively on the horizon, yet still we fall?

[steelwatch] 27/9/2022 19:28

Yesterday's presentation recording available

Make sure you have sound turned on.

[steelwatch] 23/9/2022 17:58

Sterling weakness is elevating gold:

Current Price, a few moments ago £1,511.10/oz

[barony] 22/9/2022 17:49

Thank goodness we weren’t even more profitable, or we would have dropped even more!

[steelwatch] 15/9/2022 20:39

£1,449.84/oz just now

[mick_oi] 14/9/2022 08:18

hxxps://www.ii.co.uk/analysis-commentary/scotgold-resources-and-codan-our-final-gold-story-ii525285

Scottish gold miner Scotgold is not far from us and claims to have around four tons of gold hiding in their mountain at Tyndrum, Argyll. Their production figures for this year have been impressive, and we’ll admit that we’d completely forgotten about the silver extraction potentials.

Visually, the markets don’t seem terribly impressed, with the company share price doing very little since 2021. Hopefully, at some point the markets pay attention to the quantity now being extracted from the ground with a commensurate change in the share price value.

At present, above 71p looks capable of triggering movement to an initial 80p with our secondary, should this level be exceeded, working out at a more useful 94p.

Past performance is not a guide to future performance

From a longer term perspective, both these movements are liable to prove useful, exceeding the Blue downtrend since 2011 and giving considerable hope for the future.

If things intend to go horribly wrong, always a possibility with world gold prices behaving irrationally, below just 59.16p looks troubling, calculating with the potential of provoking reversals to an initial 51p with secondary, if broken, down at 35p.