niceonecyril
- 25 May 2007 03:48
explosive
- 25 Jan 2008 11:26
- 501 of 810
Have closed my position on wall st now after last night, personally I think the DOW and most markets have just spiked, expecting a fall back..
cynic
- 25 Jan 2008 11:27
- 502 of 810
agree re Dow .... see my comment on FTSE thread
niceonecyril
- 25 Jan 2008 11:44
- 503 of 810
I,m trying to be a bit more optomistic, and hope the markets stay positive awaiting G Bush's speech on Tuesday,with luck the news will give a boost to the world economies?
cyril
robertalexander
- 28 Jan 2008 16:34
- 504 of 810
doubled up today at 14.99p. this makes me a little overweight on AIM shares but think worth the risk. Any ideas why down 10% today or just general market malaise.?
Alex
halifax
- 28 Jan 2008 16:38
- 505 of 810
Lack of news.
teddybear5
- 28 Jan 2008 16:41
- 506 of 810
all miners down imo could be something to do with power cuts in south africa miners having to cut production not good news for miners?
oilyrag
- 28 Jan 2008 20:36
- 507 of 810
No mining in SA means no pgn. Thats where the money is.
Iankn73
- 28 Jan 2008 21:20
- 508 of 810
Mybe its just me but... I have only been in this game for 1.5 yrs and I have grown to realise in a very short period of time that you have to expect far more downside before you benefit from the upside! No offence RAlexander this co..is still in its infancy and if anyone thinks its just going to climb north think again.
Patince will be rewarded in BRR without concerning oneself on day to day fluctuation's.
Good luck all long term holders,
Ian
canada1
- 29 Jan 2008 08:36
- 509 of 810
Starting to look like a bit of a con, I bort at 24p and it crashed to 10p, just bort more at 15.49p and it's turned red again !!!
cynic
- 29 Jan 2008 08:51
- 510 of 810
so who asked you to buy more?
canada1
- 29 Jan 2008 08:57
- 511 of 810
The same person who got me to buy vog at 64p and sell them at 108p.doh!
niceonecyril
- 29 Jan 2008 09:19
- 512 of 810
The true worth of this company will take 1 to 2 years before being realized,as
pointed out its still early days.Sorry to hear you are down at the moment Canada1,
but patience is the order here.The 24p was a peak with hot money from traders
driving it up, its not unusual to see such stock drift between news and is why many resort to charts to try and establish good entry(and exit) points.
I believe we were given the impression from the AGM, that good news was imminent? BRR has been recently doing the rounds presenting to the institutions, a
positive sign in my book. So the patient will triumph in the long run, but in the meantime don't be afraid to top slice when a run of hot money drives up the SP.
aimo
cyril
ps the present market does not help companies like BRR, who do not make profit
while building up their business.
canada1
- 29 Jan 2008 09:50
- 513 of 810
Thanks niceonecyril, I was expecting to wait three years with brr anyway, just bad timing with my purchase.
cynic
- 29 Jan 2008 10:16
- 514 of 810
as vog never got to 362, you did very well indeed!
niceonecyril
- 01 Feb 2008 21:30
- 515 of 810
It would appear that Hamish is to make a presentation next week in Cape Town,
things are progressing well and we should get our first quarters production results too?
cyril
niceonecyril
- 03 Feb 2008 14:54
- 516 of 810
A report that confirms they will be presenting on Tuesday.
http://www.miningmx.com/events/indaba_2008/847682.htm
cyril
micky468
- 04 Feb 2008 17:43
- 517 of 810
Platinum Rises to Record on Mine Disruptions; Palladium Gains
By Halia Pavliva
Feb. 4 (Bloomberg) -- Platinum surged to a record after blackouts and mine disruptions in South Africa, the world's source of 75 percent of the metal, fueled concerns that demand for the metal will outpace supplies. Palladium also gained.
Anglo Platinum Ltd. and Impala Platinum Holdings Ltd., the world's largest producers of the precious metal, said their South African mines resumed full operations after power cuts shut them last week. Most mines in South Africa reduced or suspended production for five days through Feb. 1 after state utility Eskom Holdings Ltd. couldn't meet electricity demand.
``Platinum's fundamentals look better and better,'' John Reade, head of metals strategy at UBS Ltd. in London, said in a report. Platinum prices jumped 14 percent last month, the most since at least 1999.
Platinum futures for April delivery gained $17.80, or 1 percent, to $1,788 an ounce at 10:06 a.m. on the New York Mercantile Exchange. Futures earlier reached $1,795, a record for a most-active contract. The metal surged 48 percent in the past year before today, including 5.4 percent just last week.
Palladium futures for March delivery jumped $4.30, or 1 percent, to $421.35 an ounce, after reaching a record $425 earlier. The metal rose 21 percent in the past year before today, including 8.2 percent last week.
The palladium market may go into deficit in 2010 because of growing demand from China, said Stephen Forrest, director and founder of Oxford, U.K.-based commodities analysts SFA.
Russian Stockpiles
``Strong Chinese autocatalyst demand will push this market into a deficit by 2010, assuming there are no more Russian stockpiles,'' Forrest said at the Mining Indaba conference in Cape Town, South Africa, today.
Platinum and palladium are used in jewelry and auto catalysts, which remove noxious gases from car emissions. Some investors buy precious metals to hedge against inflation.
Markets for the metals soared after Eskom reduced or cut off power to mines in South Africa, citing maintenance needs, rain-soaked coal and a delay in adding capacity. After restoring supplies, Eskom began cutting power by 1,500 megawatts today, with the possibility that it may have to shed as much as 3,000 megawatts, a spokeswoman for the company said.
``The majors only expect power security until 2010, with most looking at backup options,'' Forrest said.
Supplies have fallen short of demand in seven of the past eight years, said London-based Johnson Matthey Plc, the world's largest distributor of the metal. Mined production declined last year for the first time since 1999, Johnson Matthey estimated in November.
To contact the reporter on the story: Halia Pavliva in New York at hpavliva@bloomberg.net .
Last Updated: February 4, 2008 10:11 EST
niceonecyril
- 05 Feb 2008 19:30
- 518 of 810
niceonecyril
- 12 Feb 2008 09:09
- 519 of 810
I decided to top up this am as i understand news is expected in the not to distant
future,also i feel they must be close to bottom? Although you never quite know
with such stock, which looks like its being shorted?
aimo
cyril
2517GEORGE
- 12 Feb 2008 10:19
- 520 of 810
More like BBRRR than BRR, it seems many of us have caught a cold with these, I did sell half my holding @ a much higher sp with a view to buy more if they went lower, now I'm not sure I want to top up. Good luck all
2517