TheFrenchConnection
- 04 Oct 2010 06:51
Mes amities a'tous..when on a secular bull run gold rises like a staircase they teach you. l personally think due to a plethora of reasons the yellow metal will be gently "talked up" to $2000 pto irrespective of the general macro picture -: but with plenty of nasty scares and ambushes to flush out the not so savvy along the way. l think the millitary call it colateral damage.-its always the same .. ....l see Jim Rogers is waxing lyricalll hard/soft comms esp. gold and silver and iron ore .....lts all part of the cycle .... akin to the rise and fall of tech stocks in the 90s, the oil boom of 2001/6. and the longbullrun of banking,utilities, and retaling which had their roots in ealy 80s .........usual boom and bust scenario in motion here one would think on first looking ,,,oh the city loves its boom and bust economics .....depends on it .....nurtures and cherishes it ...and dont ever forget the owners of the casino make the rules ...we but merely dance to their tune ..Can it ever be any other way ?...... lts all part of the cycle -a very dangerous cycle as it happens on this occassion .but nevertheless still part of the cycle. But in this instance the case for gold is reinforced by the fragile state of the western economys and its currencies which is reflected by their respective bourses . ....By 2013 we will be back to screaming about oil trading above $100 again on its way to $180 ... But back to gold. l already have holdings in bellweather - POG - and in ABG,AAAM, HGM and CEY, ,,,but was looking for a tiddler with a highly exiting ensuing year ahead with projects verifying the already inferred size of their resource and looking ripe to exploit this current boom..Most candidates already have a kings ransom already factored in . NYO is only juste hitting the radar .... l bought NYO as i view it as replicating the success of my other holdings .....For once l am saying very little as i think it speaks for itself .l think you will find this out during respective research that you may deem neccassary ,and will see the same potential as myself . lf the inferred JORC compliaced size of resource proves close to the mark this tiddler will have a multi billion $ m/c. ...Please note - l am buying as a meduim term hold - 6-12 months investment and not in CFD or option to buy or as a t play looking for quick returns reg: tec analysis... suggests its ready to perhaps break out of current trading pattern what with 12 day ema and 26 day ema converging in vertcal direction / stock trading above both 20 and 50 day ema ..RSl and ADX of ohh ......ill post a chart including that mullarky in a lheader when have time
TheFrenchConnection
- 09 Dec 2010 14:22
- 28 of 115
.....en brevite ....is much "hot talk" in the city what with both boards of CEY and NYO being well known to one another in past sharing of geo informations and ect ect ,that CEY will make an attempt to buy out NYO or merge before the latters s/p increases manifold . Would make quite a formidable cash generative mid tier gold producing company. with both longevity and large reserves ih each owning a world class sized resource -esp CEY - in which i have invested since 8p or so and traded literally scores of times....Only downside at CEY is that it is something of a one trick pony in But it is arguably the worlds biggest gold resource . mais qui sait mon amis
aldwickk
- 09 Dec 2010 15:20
- 29 of 115
And Afren also in Madagascar.
TheFrenchConnection
- 10 Dec 2010 12:09
- 30 of 115
up to 27.5 / 28p ..{approx 25% in 2 days and hardly surprising given drilling update .....and still no shortage of buyers
andysmith
- 10 Dec 2010 12:45
- 31 of 115
Interesting, read comments from TFC a few weeks ago and kept on watchlist, briefly saw a rise yesterday and considered buying at 26p but hadnt had time to do enough research. Question is whether 28p is too much right now with gold stocks being quite volatile at the moment, RRR,RGM,GGG,PGD all up and down like kangaroo's on spacehoppers. Also looking at AMER again though, hmmm!!
TheFrenchConnection
- 10 Dec 2010 15:27
- 32 of 115
ls that the very same Andysmith who shared in the spoils of JKX when they were 550p+ ?..Long time no see./..l havent seen you for years mon pote ! Hope you are keeping well / keeping wolves rom the door ..ect ect ..REG; NYO... Considering a PI bought 3 million yesterday at a tad shy of 27p i dont think its to late to climb aboard ...... or at least dip a small toe ...............28p is proving somewhat obstinate to overcome - but its only a question of a little time before that occurs ......and then the skies the limit what with already having a JORC inferred resource of 1-38 mn t/o. And what with latest drilling statement stats illustrating massive intersections of mineraliation in such abundance that gold seams were patently visible to the naked eye ,and which led CEO TT to stipulate that NYO had thus far merely tinkered with what appeared to be the "tip of a gold iceberg " and on track to reach the guts of a truly massive gold discovery Perhaps the biggest in the past 25 years ...... On the back of this latest drilling statement a rapid re-rating must be on the cards. One new hole drilled showed measurements of ozs p/t rather than grammes.Conservative, and i emphasize CONSERVATIVE revisions suggest a resource nearer 3 to 5 mn t/o at Tulu Kapi - and meanwhile around the clock drilling goes on unabated continually adding to reserves To expolit the old cliche -Let the trend be your friend ....Chairperson Madame Sturgess didnt put the family silver into NYO for a fun punt . Recently when asked if she would be surprised if T/K could equal CEYs 10m resource she firmly replied she wouldnt be surprised in the least .....
cynic
- 10 Dec 2010 16:02
- 33 of 115
strange stock this and i wonder if the rise is overdone ..... not one i have even looked at before let alone, but surely it is at least 2/3 years away from production
TheFrenchConnection
- 12 Dec 2010 15:04
- 34 of 115
you do surprise me on occassion Cynners/ ignore this play at your peril .ln the full knowledge of the vagaries of this utterly corrupt game in which we indulge,it is rare indeed for me to take such a dogmatic stance on a individual stock . But it is fully justified; and i defy anyone to contradict me .And am prepared to take any side bets on this variable {notarized by a reputeable bank }....All l can suggest is that you read the latest RNS and appreciate the truly staggering potential at T/K............a multi bagger in the making .....l personally believe it will exceed all expectations hence optimistic overweight position taken; and in the fullness of time . l furthur believe it will possibly surpass the CEY resource . Couple the companies success with drillbit with the American QE 2 factor which will only result in a furthur increse in spot price of gold and i would suggest we are sitting on a goldmine..........
cynic
- 12 Dec 2010 15:50
- 35 of 115
grenouille - i always listen to you, so shall look again tomorrow
required field
- 12 Dec 2010 19:10
- 36 of 115
This looking like a hell of a good time to invest because even not so good ones are rising....I don't mean this one which is starting to look like a gem.....I mean others.....anyway...bought a lot of these with some profits from XEL.....could be good for the upper thirties short term....
TheFrenchConnection
- 13 Dec 2010 07:08
- 37 of 115
up a tad shy of 8% on ASX ....42c to 48c.........hopefully repliected here..
TheFrenchConnection
- 15 Dec 2010 09:39
- 38 of 115
forever the % player i sold out at 30p level-and now looking to get back in @ 24/5p if i am lucky enough
aldwickk
- 17 Dec 2010 09:15
- 39 of 115
Back in @ 27.20
TheFrenchConnection
- 20 Dec 2010 16:52
- 40 of 115
Roly - thought it rude to leave you on your own ......back in at 28p ,lncidentally have you read Bell/Potter research note ./ Looks really optimistic .,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,O/T,,,The UK looks like the Artic to me on TV/ l couldnt deal with that / l mean minus 20 is juste unrealistic for a Graves sufferer /a veritable nightmare / rather be domiciled on the moon-even Moscow ,or even Bronx /anything below plus 10 is cold to me. ...................ls a mere 32 degrees here :-)....................You ever thought of leaving that wretched lsland Roly ? ......
aldwickk
- 20 Dec 2010 18:39
- 41 of 115
" J "
You picked a good time to ask me , am just recovering from Flue, my wife has a plot of land in CEBU , Philippines. Were would you suggest ? What price MOIL now , PAL had a good day.
Balerboy
- 20 Dec 2010 19:05
- 42 of 115
keep taking the tablets Aldwickk, better now than next weekend.,.
aldwickk
- 20 Dec 2010 19:28
- 43 of 115
Its only been 3 day's but feels like 3 weeks
Balerboy
- 20 Dec 2010 20:09
- 44 of 115
starve a fever/ feed a cold, so tuck up in bed, get as hot as you can bear and swet it out. paracetamol 4 times a day, drink loads but not alcohol. fit by friday.,. ;))
aldwickk
- 20 Dec 2010 23:41
- 45 of 115
Balerboy
If you know about starve a fever/ feed a cold then you must be aged 60 + because that's what my Mum use to tell me. I done all of the above just got a bit of irritating mucus to shift. You don't half get some strange thoughts in your head when you have a fever , very surreal
cynic
- 21 Dec 2010 07:34
- 46 of 115
isn't that guitar?
Balerboy
- 21 Dec 2010 08:51
- 47 of 115
strum away cynic.........and not quite there yet ald,