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sabretoothtigger wrote: »Quarterly report just out, this looked nice.
5m is open pit and 5g per ton is high grade so no wonder Chinese have taken an interest
The gold at 5g/t is Biely Vrch and that's years away. And that's if the community backs down/is over-ruled. They are very anti-mine at the moment.0 -
Well maybe 5m is not quite open pit or that easy. Greenpeace seems to say low grades make it chemically polluting so the higher grade reduces that arguement
I got some BP recently, this result seems better then I expected. No massive clean water penalty? They got very lucky considering the well dumped 50k barrels a day for months
Presuming compensation stays in this region and they stay out of trouble, 500 is easily reasonable and 600 if any deal/exploration success
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I'm considering adding some BP alongside my RDSB holding.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
It is yet to resolve a host of civil claims related to the disaster, including penalties under the Clean Water Act for every barrel of oil spilled. The scale of these fines could vary from $3.5bn to $18bn depending whether BP is found grossly negligent,
http://www.telegraph.co.uk/finance/newsbysector/epic/bpdot/9680668/BP-agrees-4.5bn-settlement-over-Gulf-spill.html“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
I picked up some shares of WM - Waste Management, Inc. today. I do have a USD trading account since I'm an American expat, though.0
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Decided to take a punt on defence firm Chemring today @ 218p - p/e under 6 and yield 6.4% well covered by profits. Here's a link to a write up by MI - hoping the knife does not have too much further to fall.
http://miserlyinvestor.com/the-cheapness-of-chemring/0 -
Apparently the clean water penalty has yet to be decided, along with the civil claims which were awaiting the outcome of this case. It appears BP is still in limbo, with unlimited liability.:(sabretoothtigger wrote: »this result seems better then I expected. No massive clean water penalty? They got very lucky considering the well dumped 50k barrels a day for months“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
400 x RDSB today at £21.11
“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
I hold a few hundred RDSB at an average of just under £20 am considering either topping up this holding or adding BP for diversity.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
I'm holding 1% of my portfolio in BP (probably made about as much as a savings account in the 11 years I have had it) because I wouldn't want to miss out, but have become so used to bad or indifferent news I don't feel confident to add any more.:ogadgetmind wrote: »I hold a few hundred RDSB at an average of just under £20 am considering either topping up this holding or adding BP for diversity.“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0
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