goldfinger
- 06 Aug 2004 16:15
cynic
- 17 Nov 2010 10:37
- 1075 of 2076
merely a bounce off the 50(?) dma .... i'm out of these for now
HARRYCAT
- 17 Nov 2010 10:39
- 1076 of 2076
Worth watching though as sub 900p would be a good entry point, imo.
chessplayer
- 17 Nov 2010 10:53
- 1077 of 2076
I don't think that will happen,Harry.The way that I see it,after 8 consecutive days of falls,the most in 22 months(Jan 09) a bounce is on the cards. Especially with the price of gold having fallen by about $100 in the last little while.
Balerboy
- 17 Nov 2010 14:10
- 1078 of 2076
This is getting creepy.......sold mine this morning cyners, made small profit but that will do, was hoping to see the 17 around xmas........not going to happen.,.
cynic
- 04 Dec 2010 08:57
- 1079 of 2076
do the sirens call?
gold has now got to $1400 and POG sp has just peeked through 200 dma ..... a reasonable punt, or will it yet again prove to be a false dawn to be rudely shattered by yet another duff announcement or downgrade from the management
RIO, is not a true gold play, though it tends to react with the bullion price, and makes another interesting possibility
of the second-liners, i still happily hold CEY even though i top-sliced there the other day
there are of course a zillion "joke" stocks for the lemmings to bat around - a few will make a good profit (if they remember to bank it) while others will buy at the the top and stand goggle-eyed when they crash again
HARRYCAT
- 04 Dec 2010 09:40
- 1080 of 2076
Damn. Missed the boat again! Was so busy watching other stocks, that this one has got away. Not a false dawn, imo.
Surely RRS is a better tracker of the gold price, though a very expensive stock? There are so many factors affecting RIO, as they are miners of just about everything, that I don't think that gold is a good guide. In fact, gold is a by product of their copper mining activities, as is sulphuric acid, molybdenum, silver and some borates.
Will be interesting to see the next production figures from POG.
cynic
- 04 Dec 2010 09:52
- 1081 of 2076
H2SO4 is dirt cheap to produce, so worth diddlysquat, and for reasons with which i shan't bore you all, difficult to transport ..... i also thought it was used in the processing rather than being a by-product of the actual mining.
RRS
an interesting suggestion, though it is not a stock i have ever followed ..... however, i note sp dipped to touch the (starting to rise) 25 dma, so this could make a profitable trading opportunity
Balerboy
- 04 Dec 2010 13:50
- 1082 of 2076
As usual sold at the wrong time....wish I held my batch at 911 now.,.
chessplayer
- 05 Dec 2010 08:10
- 1083 of 2076
Russia gaining the World Cup can only be a plus for POG
cynic
- 05 Dec 2010 09:43
- 1084 of 2076
as an aside - i wonder if FIFA is actually as corrupt as the european parliament .... the latter is totally undemocratic and answerable to no one ...... this allows all those aboard this truffle-laden gravy train to live like minor african dictators and their entourage - or perhaps rooting pigs would be more apposite
chessplayer
- 05 Dec 2010 20:16
- 1085 of 2076
Perhaps The Ruskies were able to make it worthwhile for the FIFA officials to vote for them! It is certainly a possibility.
cynic
- 05 Dec 2010 22:05
- 1086 of 2076
even very likely .... ditto the qataris
HARRYCAT
- 10 Jan 2011 11:12
- 1087 of 2076
Heading for support at c1000p.
Evermore
- 24 Jan 2011 18:18
- 1088 of 2076
The market is flagging some poor numbers on the 27th, but it may now already be in the price, any thoughts?
Shares which zig-zag side-ways make me a little aprehensive?
cynic
- 24 Jan 2011 18:40
- 1089 of 2076
i ought to lose patience with POG but on this one i am obstinate and continue to hold though the signals say SELL
Evermore
- 25 Jan 2011 01:10
- 1090 of 2076
cynic, they have already down-graded their guidance, the share has already corrected, is cheap on cash flow, at this price people are fearful but there is a chance that the 27th will not be as bad as people expect.
Evermore
- 26 Jan 2011 20:07
- 1091 of 2076
Fairfax note out seems OK.
chessplayer
- 27 Jan 2011 11:32
- 1092 of 2076
Time to get back in?
Petropavlovsk gold production up 51% in Q4
StockMarketWire.com
Russian-focused miner Petropavlovsk Plc said its total attributable gold production for 2010 was up 4% at 506,800oz, with fourth-quarter production rising by around 51% to 202,200oz.
Gold sold by the group, excluding joint ventures, in 2010 was 445,500oz, against the 2009 figure of 438,200oz. Average realised price increased by 29% to $1,253/oz from $975/oz.
Petropavlovsk said its conservative base case scenario for attributable gold production for 2011 was currently estimated at 600,000oz, representing an increase of about 18% over 2010.
It expected to benefit from cash flows attributable to at least 600,000 oz of gold sales in 2011.
Chairman Peter Hambro, 'We look confidently into 2011 when our fourth gold mine, Albyn, is expected to make its first contribution to the group's gold production.
'Construction works at the Albyn site, which is one of the most prospective assets of the group, are advancing well and we are currently on track to commission the c1.6-2m tonnes per year first-stage plant in H2 2011.
'Exploration works are ongoing and the group has acquired two additional prospective licences nearby.
'In 2010, the group was also successful in the acquisition of a number of licences in the Amur, Krasnoyarsk and Jewish Autonomous regions. We look forward to exploring these prospective assets in due course.'
New JORC reserves and resource numbers were expected to be announced in March.
Shares were up 28p at 1060p.
Story provided by StockMarketWire.com
aldwickk
- 28 Jan 2011 14:06
- 1093 of 2076
cynic
- 28 Jan 2011 14:18
- 1094 of 2076
CP - i already hold (1089), but the chart is scarcely encouraging and gold is still decidedly lacklustre ..... if sp were close to 10.00, then perhaps a stronger case for buying