Trans-siberian Gold Share Discussion Threads

[32campomar] 01/7/2020 10:03

Investors missing a golden opportunity here, it makes no sense that the high in autumn was over 130p, when gold now is higher and yet the share price is only 92p - particularly in light of what was an excellent update a few weeks ago. It's illogical but at some point the penny will drop and there will be a substantial re-rating.

[jeanesy] 01/7/2020 08:11

Nice start here. It would have been nice to have an AGM statement.I see all resolutions were passed.

[corrientes] 01/7/2020 08:11

There's usually some sort of trigger to set them on fire. I wonder what it could be. Still can't complain just now.

[32campomar] 01/7/2020 07:33

Gold has held above $1800 on the August contract, very bullish

[corrientes] 01/7/2020 06:29

Things move quicker these days, so we'll see.

[creme de menthe] 30/6/2020 22:17

Dollar is weakening as US lockdowns increase.
This should provide impetus for gold to go over $1800.

The real rises will come in 18 months time when inflation kicks in. Remember the crash of 2008? The big rise in gold was 2011.

[corrientes] 30/6/2020 21:22

Personally, I think there's now more than a reasonable chance we could be headed for an absolutely massive boom in gold miners, both producers and explorers. The silence in the mainstream media as gold surges ahead is deafening, The converging of higher revenues and lower costs is not at all recognised, yet. If the major investment players are looking for a new sector with all the free money they've recently acquired, then the precious metals is staring them in the face, and we shouldn't have long to wait.

I'm old enough to remember the nickel boom of the 1970's. and the similarities are quite eerie. Where else are you going to put your money with the huge market uncertainty caused by Covid19 and impending financial disarray, regardless of Covid19, That's putting it mildly IMO.

[32campomar] 30/6/2020 15:49

Gold powering ahead now just shy of $1800 August contract...

[32campomar] 30/6/2020 08:24

Yes I noticed that too. It looks very close to breaking out of this pattern it's been in for a while to me

[corrientes] 30/6/2020 08:08

or some seller has cleared out, for I've spotted some reasonably large sells over the last week or so.

[jeanesy] 30/6/2020 08:03

There was a late reversal yesterday from 2.5p down to 2p up and now an early 1p rise today. Only smallish changes yes , but perhaps some news is coming ?

[jeanesy] 27/6/2020 18:21

Russia now number 2 in leading gold nations

hxxps://www.sharpspixley.com/articles/lawrie-williams-top-20-gold-mining-countries-russia-now-no2_297589.html

[32campomar] 27/6/2020 09:20

Haha Well at least they did move on the day gold surged before falling back. On closer inspection many gold shares look like coiled springs. It is surely a matter of time. Although so many analysts and experts are predicting gold rising to new highs, I sometimes think that's a worrying signal & we should be contrarian!

[doc_oj] 27/6/2020 03:17

@32campomar: clearly you don't hold any AAZ! lol

[32campomar] 24/6/2020 10:36

Gold higher again now through 52week high, this is just about the only gold share not to move higher come on TSG!

[swallowsflysouth] 24/6/2020 09:54

Russia looking to encourage gold production, i assume that means fast tracking any paperwork that tsg need to do in the way of increasing production.

[kaos3] 24/6/2020 07:11

bought as Kamčatka is one of the best northern gold belts (similar to great bear in Canada). and divi.
I hope they assure more licences. big tends to get bigger.

[avsome1968] 22/6/2020 17:44

Gold looking very strong 3 digits soon.

[corrientes] 17/6/2020 17:49

Gold is the deadly enemy of the banking system, so keep it from being newsworthy at all costs, and keep the price suppressed. All the time they're money printing like there's no tomorrow, the illusion of normalcy can be maintained in the important sectors that count ie everything and anything to do with paper money, but not in the unimportant areas,that only affect the vast majority of the population these days.

TSB should be bought for its own merits, and its on the way to getting back to previous highs, irrespective of day to day moves. The only danger I can see is sequestration, but its never happened before and is exceedingly unlikely. If that ever happened, you can kiss everything else bye-bye.

[jeanesy] 17/6/2020 14:12

POG still above 1700 so that will do me for now.Came in to see this down . Got close to me buying some more but just moved 2p will i was dithering !

[32campomar] 17/6/2020 13:57

Yep despite for months every expert under the sun advising to increase gold exposure nothing happens.

[kickingking] 17/6/2020 13:43

The problem we are having is that gold can't get any momentum. Each time it starts moving up, the FED pulls another rabbit from it's hat and up goes the US indices. Look at the Nasdaq, near the all time high. It is like covid has not happened and millions of workers have not lost their jobs.Eventually things will change.

[fozzie] 17/6/2020 13:35

Mmm that great news yesterday gone down like a lead balloon. I am beginning to have doubts about my gold strategy, they are just not going up.

[jeanesy] 16/6/2020 20:35

Excellent news today from TSG . LOM now increased to 7 years and hopefully more when next drill news is reported. Maybe market and investors are still looking back at the mistake they made on overestimation of LOM. Recent news has all been positive and I am a very happy holder here again now:) I will certainly add more on any sign of weakness.