Rhigos
22 May 2018
Re: H&S Setup here orsotoro,SP up over 4% today so beware of TA.
orsotoro
22 May 2018
H&S Setup here Since last week in April, with neckline at approx 1240, and an 80 point drop if completed and confirmed. GLA
sasa43
25 Apr 2018
Re: 1Q18 Production report Yep, agreed, Rhigos - prod. forecasts reiterated - XD tomorrow, btw - sasa.
Rhigos
25 Apr 2018
1Q18 Production report Results look OK, no big surprises. SP will rise if precious metal prices rise.
Thomas Tallis
12 Apr 2018
Silver Industrial Demand Rebounded in 2017 "The Silver InstituteSilver Industrial Demand Rebounded in 2017"[link]
sasa43
01 Mar 2018
Re: Final results for 2017 Echo that, casa - been thinking the same... sasa.
casabanker
27 Feb 2018
Final results for 2017 The final results for 2017 look alright. A quick look at the figures shows gold production is lower than last year but silver is up as is overall income. The final dividend has been increased from 21.5 to 29.8 cents. The sp is down over 3% but many final results are showing negative effects on sp's atm. Buying opportunity?Casa.
sasa43
20 Dec 2017
Re: The AU / AG ratio knocking on 80... Hi casa - just seen your post...Yes, SQZ is still very attractive, even after the recent heady rise, imv, following the self financing BP deal - Stockopedia has put out a note on the prospective stats for 2018 - forecast earnings of 34p ps, giving a p/e of 2.3, a PEG ratio of 0.3 and an NAV of 134p with cash in the bank currently of some £30m+ and no debt nor funding required.When you need some cash, it's rarely convenient to find it! Sorry for the O/T folks - sasa.
casabanker
18 Dec 2017
Re: The AU / AG ratio knocking on 80... Hello sasa,Yes silver dropped below $16 last week. A lot of hot money has been put into cryto's. I notice that platinum is extremely cheap and it has been mentioned in Money Week again.I've had a look at SQZ and it looks very promising. Yes, debt free is a big advantage. I haven't bought in yet due to lack of funds. I'm losing my marbles by being fully invested in a market that I think may well see the dreaded correction in 2018. Mr Trump's tax reforms may well make inflation spike and what will that do to the Bond market?Casa.
sasa43
06 Dec 2017
The AU / AG ratio knocking on 80... That implies that silver is very cheap relative to gold just now out of interest - sasa.
sasa43
06 Dec 2017
Re: Free Money Hi casa - yes, I agree that FRES has suffered of late, like all pm miners but there's nothing new in that, as we both know. The prospective mkt 'sell off', when it occurs, usually starts to gather momentum when it's least expected ('black swans' and all that) so the best time is to stock up on the likes of FRES when the 'spotlight's' elsewhere.I think their silver AISC is around $10 per oz with that for AU also in the lower quartile but they never stipulate quite what it is for some reason; bit annoying that...Re: Serica (SQZ) I forgot to mention that they're debt free (know you'll like that!) have around $36m in the bank and growing around $3m per month BEFORE this transformational deal with BP which is, effectively, self - funding, as they begin to benefit from it from Jan1st - six months before the deal is officially signed off - haven't come across such an arrangement before.Anyway, I'll put something up on the SQZ bb for you if you like, rather than clutter up this board with more O/T comment which others might find irritating - sasa.
casabanker
05 Dec 2017
Re: Free Money Hello sasa,FRES, gold and silver have taken a bit of a beating in the last few weeks. Silver is just hanging on to $16 oz at close today. The markets seem immune or at least ambivalent to the many threats to market stability. Mind you, the stability has continued for much longer than I thought it would. The FTSE, although still high, is nowhere near as overpriced as the US S & P. This bull run will end at some point and, depending what causes it to end, it may well favour gold. I'll take a look at Serica (sqz). It sounds exciting and we know how sudden rises in earnings and how striking a gas find can propel the sp.Thanks, sasa.Casa.
sasa43
05 Dec 2017
Re: Free Money Hi casa - no cruises for me; just tied up with other things, that's all but it's nice to be 'missed' once in a while!I'll have a look on the HGM bb and read about your CNCT inclination - that juicy yield sounds good if it's safe enough. Could do with something like that in my ISA to help with the school fees, which is what it's there for as much as anything!way of recip, have a look at Serica (SQZ) no divd yet but they've just pulled off a mega deal for them with BP, boosting their income stream next year by 7 x and their reserves by 16 x ! Although the sp has already doubled over the past fortnight, I don't think the mkt has properly cottoned onto the implications for them yet - think the sp is worth twice the present level, even now, imv... It's transformed into 85% a gas co, so 'green', too and there's an interesting 'spud' coming up mid - year '18 to add further excitement before then - a 'free carry' for them, too.Re: Bitcoin and the zillions of other cryptos being created. What surprises me is that so many peeps don't realise that they're just created bits of metal (supposedly to counter the effects of QE) but because they're manufactured items and the blockchain supporting the digital ledger can be hacked again, their wealth protection capacity is illusory - why not invest in bespoke, vintage buttons? At least they're genuinely limited in quantity and serve a useful function!Gold is not man made, is genuinely scarce and is the immutable unit of exchange going back thousands of years - for the newbies into this latest craze, it'll take that refuge to come to the fore when the game is suddenly up, for them to appreciate that, unfortunately....Glad to learn that your op. was successful and that you'll soon be fully back on song ATB - sasa.
casabanker
05 Dec 2017
Re: Free Money Hello sasa,Ah there you are. I was getting quite concerned as I had left a message on the HGM board for you about CNCT. Have you been on a cruise for a month? Anyway Connect (CNCT) or W H Smith mostly, has been falling in price for quite a while as you may well expect for a newspaper business. However, it has more strings to its bow and has decent cash flow. The recent report was disappointing as it confirmed losses but the underlying business looks upbeat. So much so that the management were able to INCREASE the dividend. Now the initial reaction is to think it's a classic value trap but if you read the report and the excellent analysis provided by Bill on the bulletin board, it looks very interesting. I have bought some. The dividend is currently nearer 9% than 8% and the final payment goes ex div on 11 of Jan.Yes, I've also been reading about bitcoin. About a couple of years ago, I nearly bought one for a bit of fun. The price was about £400 but with me being about three years old in terms of being tech savvy, I decided that I wouldn't be able to keep it safe. Indeed many people have had them stolen or just lost them. Apart from the slight excitement of a gamble, the whole issue about cryptocurrencies has no appeal to me. Due to its meteoric rise in price this year, it smacks of the classic shoe shine boy recommendations of the 1920's.I've also read that some think there could be a threat to main markets if the bubble bursts suddenly. They say it could trigger a market collapse, a little like the dotcom crash. The limit to 21 million bitcoins may well be true but there is no limit as to how many other cryptos can be produced. No doubt it will all end up in tears. I'm sticking with gold and silver as my main defensive ploy.I hope you are keeping well and your absence from the boards is no more than strikes me on occasions. That's when the posts are not giving useful opinions or information on the Company of interest. My op has gone well and all healed up but I have been left incontinent but should overcome this by April next year at the latest. Casa.
sasa43
05 Dec 2017
Re: Free Money Hi casa - just been reading about Bitcoin recently - they say that it's taking over from gold as THE alternative 'go to' currency when one or more of those 'black swans' land.The main reason is its built in scarcity it seems (never more than 21m odd coins will ever be issued, apparently) - I've read some bovine dung in my time but this tosh takes the biscuit, imv.Talk about the mania over tulip bulbs a couple of centuries ago! - sasa.
