goldfinger
- 06 Aug 2004 16:15
mitzy
- 06 Jan 2009 15:35
- 444 of 2076
I'm out for now with the gold price fall..I will buy back in 2 weeks time.
cynic
- 06 Jan 2009 16:32
- 445 of 2076
i too am out for now, having sold at 420 some time this morning for a small but nevertheless welcome profit
mitzy
- 06 Jan 2009 16:40
- 446 of 2076
Back to 390p at close thats a lucky escape for me..!
Let me know when you buy in again.
cynic
- 06 Jan 2009 18:32
- 447 of 2076
why on earth would you trust anything i do?
i got out at 420 because gold price had dropped quite a lot and POG had had a good run so no immediate reason for it to keep going north
mitzy
- 06 Jan 2009 18:37
- 448 of 2076
I dont trust anyone cynic.
HARRYCAT
- 09 Jan 2009 13:29
- 449 of 2076
Statement re Possible Offer
"Aricom plc ('Aricom' or the 'Company') notes the recent share price movement and confirms that it is in preliminary discussions with Peter Hambro Mining Plc ('Peter Hambro') which may or may not lead to an all share offer being made for the Company at a substantial premium to the current share price.
There is no certainty that any offer will be forthcoming. A further announcement will be made in due course as appropriate."
mitzy
- 09 Jan 2009 14:24
- 450 of 2076
POG spiked to 440p on the news.
HARRYCAT
- 09 Jan 2009 20:33
- 451 of 2076
Peter Hambro Mining - statement regarding possible offer for Aricom
Peter Hambro Mining Plc ('Peter Hambro Mining') notes the announcement made today by Aricom plc ('Aricom') confirming that it is in preliminary discussions with Peter Hambro Mining which may or may not lead to an all share offer being made by Peter Hambro Mining for Aricom.
Peter Hambro Mining confirms that it is in preliminary discussions with Aricom regarding a possible offer by Peter Hambro Mining for the entire issued share capital of Aricom. The consideration for any such offer would comprise shares in Peter Hambro Mining. The discussions are at a very preliminary stage and there is no certainty that any offer will be made or, if such an offer is forthcoming, the terms of such offer."
HARRYCAT
- 09 Jan 2009 20:35
- 452 of 2076
I think I am correct in saying that POG is run by the father & ORE is run by the son.
Smoke & mirrors spring to mind!!!
mitzy
- 14 Jan 2009 12:53
- 453 of 2076
Correct Harry.
mitzy
- 14 Jan 2009 15:29
- 454 of 2076
Down 20p at 360p the market is a bad mood right now .
goldfinger
- 23 Jan 2009 11:15
- 455 of 2076
Bought back in again on the SP of gold rising and looking very strong with currencies looking weak and recession hitting the UK and the rest of the world.
goldfinger
- 23 Jan 2009 11:30
- 456 of 2076
Recent broker recos-
Peter Hambro Mining PLC
FORECASTS
2008 2009
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)
Investec Securities
20-01-09 BUY 48.92 39.94 17.84 85.83 70.06 17.84
Arbuthnot Securities
21-01-09 NEUT 55.14 47.57 7.49 121.89 99.17 7.49
HARRYCAT
- 23 Jan 2009 12:35
- 457 of 2076
Worth waiting to see what happens with the ORE deal, imo. If ORE shares become POG shares, the ratio will be critical. POG then becomes an iron ore producer, which in today's market is not great news, but when Far Eastern economies pick up again, will stand POG in good stead.
goldfinger
- 23 Jan 2009 14:10
- 458 of 2076
Rising sp of gold should underpin sp for a while not forgetting its one of the lowest cost producers around.
goldfinger
- 23 Jan 2009 14:12
- 459 of 2076
goldfinger
- 23 Jan 2009 14:22
- 460 of 2076
goldfinger
- 23 Jan 2009 16:30
- 461 of 2076
Ideally set up for monday now.
goldfinger
- 24 Jan 2009 01:44
- 462 of 2076
HARRYCAT
- 24 Jan 2009 04:46
- 463 of 2076
Author: Dorothy Kosich 12 Jan 2009
RENO, NV -
CIBC World Markets has increased its 2009 gold price prediction from $900/oz to $950/oz and introduced a 2010 gold price of $1,050/oz.
In a recent report, CIBC metals analysts Barry Cooper, Brian Quast, and Cosmos Chin said, We further expect pure gold plays will outperform gold/base metal mixed plays in the current environment especially since the latter has not suffered full adjustments to the lower pricing regime for copper and zinc."
The analysts asserted that gold equities are 40% undervalued relative to trading levels in the first six months of 2008.
"The events of 2008 should have pushed gold to higher levels than $1,000/oz in our opinion," the analysts said, citing the collapse of Fannie Mae and Freddie Mac, multiple bank failures, $50 billion in swindles, the collapse of the Big 3 automakers, and the downfall of the housing market. Instead, they noted, gold performed as "what every insurance policy does; it maintained the owner's wealth and certainly outperformed all other commodities during the crisis."
Suggesting that recession "hollow" will last two years, the analysts forecast that gold will also show strength for those two years. "It is our contention that regardless of the economic conditions, it is the uncertainty factor that drives gold's appeal," they said. "That uncertainty factor we believe is at an all-time high and unlikely to dissipate in 2009."