Mining

Gold has been performing well for quite some time now. If you are looking to diversify your investment and planning to venture beyond equities and mutual funds, then commodities is the way to go.

Rangold Resources (LSE:RRS) share price dropped 55.00 pence today to 6065.00, likely in response to a fire in the Tongon gold mine in Côte d’Ivoire over the Christmas shutdown.  The holiday is typically a time when maintenance staff can make needed repairs without interrupting manufacturing operations.  Apparently, however, someone must have forgotten to snuff out the […]

Since the shares remain suspended there was no rush to comment on the news from AIM and ASX listed Norseman Gold (LSE:NGL) which came out on Friday 14th December. It does not read well but having spoken to the company’s advisors it is not a write off yet. As I shall explain below.  You may […]

Investors are advised to ignore Goldstone Resources (LSE:GRL) shares until a clearer trading signal forms on its chart. One way of recognizing this is explained below. A difficult market requires a creative approach. It is a modern hound that is well suited to hunt a modern hare.   In the past several months, the trend […]

I previously commented on fully-listed Anglesey Mining (LSE:AYM) late last month – concluding that the shares, at just over 7p, were not for the risk-averse, but that the upside potential was sufficient for me to rate them a ‘speculative buy’. They had previously soared from the 11.75p at which I recommended them in October 2009 […]

Fully listed gold miner Centamin (LSE:CEY) has served up two pieces of good news in two days. The barmy Sukari army on the Bulletin Boards will be delighted and the share price has raced ahead to 44p. That is your cue to sell. Remember 44p it is important. The first good news came on Friday. […]

UKInvestor Show is an event about making money but I have always thought such a show needs one non investment speaker and I am delighted to say that Nigel Farage MEP says that he would be delighted to speak. The leader of UKIP will talk about how staying in the EU costs all of us […]

I wrote a no holds barred piece on Centamin (LSE:CEY) yesterday which seems to have attracted a furious response from a range of Bulletin Board morons, cowards and professional Tom Winnifrith haters. Well folks you were wrong and I was right. Tough. All website traffic is much appreciated and so here goes again. Just for the […]

AIM Listed Alexander Mining (LSE:AXM) has not been one of my better tips from my 12 years at t1ps. Recommended at 6.625p in June 2008 the shares are now 4.75p. I was urged by some former colleagues to dump the shares at 2p in the summer but (unlike them) I bothered to speak to the […]

You think you’ve got problems.  Be glad you are not Centamin (LSE:CEY).  This company’s headaches make a migraine feel like a pin-prick.  They need an aspirin the size of the London Eye. Just two years ago, on 10 November 2010, CEY shares were at 192.20.  This afternoon the share price is at 29.64, having fallen […]