Trans-siberian Gold Share Discussion Threads

[jeanesy] 08/7/2020 19:05

A couple of large trades reported late again

[corrientes] 08/7/2020 18:05

Tomorrow's price will exclude the imminent dividend value, so it will not reflect the true increase, assuming the share doesn't go to sleep again.

[inthemix] 08/7/2020 16:18

Was only a matter of time till this took off.

[32campomar] 08/7/2020 15:10

Gold flying, spot also now clear of $1800. Really surprised gold share like this aren't responding.

[32campomar] 08/7/2020 12:59

Spot gold holding above $1800, August contract $1815. Very bullish if spot stays above $1800

[corrientes] 08/7/2020 11:07

Got another 6,000 earlier this morning. Unless we see a very disappointing piece of news at the end of this month, if the reporting three month cycle continues, I just can't see the price staying down much longer.

[talkman2] 08/7/2020 10:58

I think that earlier 25,000 trade was actually a buy if you look at the trades at that time

[jeanesy] 08/7/2020 10:32

We should be due news soon. Q2 production is due by the end of this month and initial scoping study for the Rodnikova deposit by the end of Q2 2020. lets hope all this is positive and this seller is done soon !

[jeanesy] 08/7/2020 10:26

Up pops our 25k seller again !

[32campomar] 07/7/2020 15:04

Quite a turnaround for gold back up to $1800 August contract

[corrientes] 06/7/2020 18:50

Maybe UK institutions preferring to ride on the back of the large US companies, getting what is tantamount to free money from the Fed. so they can buy back their own chares and boost values and therefore share prices, regardless of the real economy.

We ape what the Yanks do, so until the US financial people get back to reality, little will happen on the gold scene. Gold is the deadly enemy of fiat, but the illusion keeps on and on. When the dam bursts, holding gold shares might be a joy to behold, but beware the social impact of a major recession/depression.

[32campomar] 06/7/2020 18:16

Totally agree. A lot of Gold shares have flatlined for weeks on end, this is 50% below its high at a time when gold is trading at its highest levels since Oct 2012. It makes no sense, but patience is sometimes what's needed until the market will wakes up, perhaps the trigger will be a break through $1800.

[corrientes] 06/7/2020 17:24

These 25k chunks have been sold over the last couple of weeks I reckon. When you look at how the gold price is performing, the gentle decline doesn't make a lot of sense, so hopefully we'll eventually see a coiled spring in action.

In any case, the way UK gold shares are generally performing, doesn't make a lot of sense either, but whether its currency considerations, herd instinct not kicking in, major investors calculating the negative of cost of mine construction with share dilution, etc etc, who knows, because I don't.

If the idea is to bore gold investors to death so the big boys can get in as cheaply as possible, it might work, but I'm still sticking with this one.Let's see if there's a breakthrough when gold reaches $1,800.

[jeanesy] 06/7/2020 16:35

Two more 25k trades reported late . That is 100k for the day

[jeanesy] 06/7/2020 16:16

I really do think there is a persistent seller here. I have been looking at trades over a period of time. Not sure why they are selling but are doing so in chunks. I see 2 lots of 25k done today. I wonder how many they have and why they are selling at this time ?

[2603] 02/7/2020 20:07

I dont thnik theres must sellers, theres never much volume, I just think its good that it does the right amount of work and consolidation when a share price has had a rise. It has doubled so far this year, asa long as it stays above 80p its worth buying on the dips which I have. The news coming out so far is looking good and with a bit of patience we should see over £1 before year end. There isnt much resistance after that so making new all time highs next year will be reached.

[jeanesy] 02/7/2020 16:24

it does seem to me that we have a persistent seller into any rise . Hopefully they will be gone soon so we can move forward.

[inthemix] 01/7/2020 19:41

Production report soon, if they are as good as I think they'll be, we will smash through the pound an surge towards 200p.

[ukgeorge] 01/7/2020 13:11

Thanks, yeah got a boat load of Hum then some Cey, Fres and a small amount of Cora

[mick1909] 01/7/2020 13:00

Just bought another 5k worth

[mick1909] 01/7/2020 11:46

Welcome aboard should see some steady growth your in HUM too which is under performing cant seem to break the 30p mark

[ukgeorge] 01/7/2020 10:54

looks ready to pop just bought my fist shares 3046 @91.96p

[corrientes] 01/7/2020 10:50

I find the action here most peculiar, but as always, and not being in the know, PI views are no more than guesses.