SebastianBach
10 Apr 2017
Elliott proposal sends to 25.73 AUD in Oz Elliott proposal that spin off US Petroleum and unlock UK/Oz synergies. Closed at 25:73 in OZ closed at = GBP 1550!!!J
tea_club_7
29 Mar 2017
Re: NEW ARTICLE: This heavyweight miner ... Games,I too have been watching in awe as mr strang delivers prediction after prediction wrapped in ambiguity and the most arcane reasoning. I can't understand the awe with which other 'journalists' here seem to regard a forecast that says if it goes up, it might go up a bit more, but it might go down and if it does it might go down a bit more that has neither reason nor time attached. In the best traditions of the fortune teller, you are always 'right', you just have to wait long enough. might as well read the T leaves
Rhigos
29 Mar 2017
Re: Commodity sell off rhino666,"Wish I had bought back into FRES the other day - a good hedge at these times."Agreed about hedge. I have smallish holdings of FRES, CEY, HOC and RRS. I sold 1/2 my FRES and CEY to take profits on 11 Jul 2016 at 1926p and 166p respectively. FRES about 19% lower now but CEY 5.8% higher so would have been better off holding. CEY my favourite precious metal miner. As well as rising SP they have a forecast yield of 3.6%.
Rhigos
29 Mar 2017
Re: Commodity sell off Hydrogen Enconomy,"I hold more RIO than BLT and feel more comfortable holding RIO given the outstanding legal issues and higher exposure to oil of BLT. (I have plenty of exposure in BP and RDSB)."I have similar views on RIO & BLT and hold more than twice value of my RIO as BLT. I hold some RDSB but sold all my large holding in BP in 2004 in ordinary account and small holding in a PEP in 2006. Not been tempted to buy back into BP as I think they are too accident prone.I decided against topping up on mining shares as trend for metal prices not clear. 25 day SMA sloping down still for BLT and RIO.
rhino666
27 Mar 2017
Re: Commodity sell off Agree with you Hydrogen Economy - if this were a trough during normal trading I would buy in quickly but we have seen several days of large falls with little recovery, so an apparent trend.Who is brave enough to call the bottom?Like you sold out of some of my metals shares but still holding. Wish I had bought back into FRES the other day - a good hedge at these times. difficult to call at the moment.
Hydrogen Economy
27 Mar 2017
Re: Commodity sell off RhigosI am also inclined to add into weakness of BLT and RIO, having sold off more than half my peak holdings but looking at the chart SP is in a downtrend and who knows how far it will drop. With the background noise about weakening economy and commodities demand I am not inclined to make any big buys until I see some evidence that a bottom has been reached. I hold more RIO than BLT and feel more comfortable holding RIO given the outstanding legal issues and higher exposure to oil of BLT. (I have plenty of exposure in BP and RDSB).H2
Rhigos
27 Mar 2017
Commodity sell off I hear that commodity sell off at the start of this week is caused by uncertainty about support for Trump's policies following his defeat on scrapping Obama care. Fall in value of USD bad for oil and mining companies. It would also appear bad for banks that are down as well.I cannot see a sustained fall in base metal prices so this may be a buying opportunity.On the positive side good for price of gold. I am glad I have exposure to precious metals with my holdings in CEY, FRES, HOC and RRS that will help of offset my losses on BLT, GLEN and RIO as well as PMO, TLW and RDSB.
rhino666
24 Mar 2017
Escondida strike over [link] a healthy outcome but at least the mine is now able to resume output.Speculation apart it seems that the lengthy strike has made little impact on the price of copper.
gamesinvestor
17 Mar 2017
Re: NEW ARTICLE: This heavyweight miner may ... Well that was enlightening, so the conclusion is the share price is set for a hammering, but if he's wrong the share price is set to climb high.It would be hard to trawl through English language text anywhere on the internet to find something as ludicrous that comes close to this.Games -- I can't believe people take investment decisions based on such vague notions.
II Editor
16 Mar 2017
NEW ARTICLE: This heavyweight miner may have bottomed out "BHP Billiton (LSE:BHP)Surely many folk read this share's name and immediately long for South Africa and decent Biltong. Which, despite that country's mining history, is daft as they're a bunch of Aussies. And LSE:BLT:BHP Billiton's share price ..."[link]
gamesinvestor
16 Mar 2017
Trading Halted This morning Games
rhino666
10 Mar 2017
Re: What have I missed? - Rhigos Rhigos - I was picking up on your original typo m8..... but yes in my opinion you do have to be a little mental to get involved with metals at the moment, short term anyways.Luckily for me a bit of bad timing on metal plays has been covered by insurance elsewhere(aviva) - more luck than judgement I can assure you.
divvent argie
09 Mar 2017
Re: What have I missed? Speaking of mental traders lets here it for JP Morgan Cazenove and their broker forecast 2 days ago when the sp was 1320'ish. Brilliantly they changed their target price to 1265! Genius. I am in awe.
Rhigos
09 Mar 2017
Re: What have I missed? rhino666, "Lots of mental traders having a bad day today
"Was that a pun or a typo? Perhaps you have to be mental to trade metal miners
rhino666
09 Mar 2017
Re: What have I missed? 'Every mining share in the FTSE 350 down this morning possibly linked to fall in USD against most currencies (but not GBP). Falling mental prices e.g. copper:'Lots of mental traders having a bad day todayThank goodness for Aviva is all I can say
