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25-08-2017, 10:32 AM
#2631
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25-08-2017, 10:51 AM
#2632
Originally Posted by Bluemanarc
Lot of buying just now at 2.8c so someone is getting in ahead of something, maybe wishful thinking, but possibly someone in da know.
Personally I have always wanted to own part of a Gold Mine
Could be a great one to keep for the long term and actually reap the dividends from the extraction if they hit some big veins.
With greater technology at their finger tips they may be better able at locating and surgically removing the gold.
I just like saying the word, "Gold"
Gold
Gold
Gold
Just for you , it is Friday after all ...
https://www.youtube.com/watch?v=ntG50eXbBtc
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25-08-2017, 10:53 AM
#2633
Originally Posted by ddrone
Digger is being pragmatic and setting expectations.
That is the correct summary.I know no more than anyone else so each must make there own conclusion.
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25-08-2017, 10:56 AM
#2634
Member
Originally Posted by stoploss
Maybe a bit more apt
https://www.youtube.com/watch?v=DOFAnpb8I3E
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25-08-2017, 11:01 AM
#2635
Member
Keep the line clear please. Freight train overdue.
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25-08-2017, 11:26 AM
#2636
Member
Can someone explain to me - if you had a spectacular announcement, why would you leave it until Friday afternoon? Surely releasing it that close to the weekend would take the rush out of the market. For instance - the last "spectacular" announcement was made midweek.
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25-08-2017, 11:27 AM
#2637
Originally Posted by Bluemanarc
Personally I have always wanted to own part of a Gold Mine
I just like saying the word, "Gold"
Gold
Gold
Gold
Heres your own complete goldmine for an asking price of $21,000 (make an offer) in Nevada, at altitude ,with views to match.
Cuba Mine Granite District Nevada
If there is an announcement today i hope its before the mkt closes and not after.
Last edited by Joshuatree; 25-08-2017 at 11:29 AM.
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25-08-2017, 11:42 AM
#2638
Member
Originally Posted by Clints
Can someone explain to me - if you had a spectacular announcement, why would you leave it until Friday afternoon? Surely releasing it that close to the weekend would take the rush out of the market. For instance - the last "spectacular" announcement was made midweek.
Yes agreed, watching this from sideline but makes me suspicious when something is released on the last day at the last minute.
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25-08-2017, 11:45 AM
#2639
Originally Posted by Caesius
Yes agreed, watching this from sideline but makes me suspicious when something is released on the last day at the last minute.
Arguments both ways I guess. Fridays tend to be a bit sleepy, but it has been well telegraphed so there will be plenty of people watching. Also it gives the weekend for the market to digest
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25-08-2017, 12:14 PM
#2640
While we are waiting I thought I might throw out some thoughts on expectation levels with regards the extra (if any ) ounces announced. (ignoring silver)
Less than 50,000............Disappointing. Even though 50,000 would be a approx 15% increase it would be below what I would hope for. Would expect the SP to settle in the 3-4 cent range.
50,000 - 100,000........Good, probably realistic and should drive SP to around 5-6 cents
100,000+ ............Stellar. Won't hazard a guess where the SP could go
Thoughts anyone?
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