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snout

2,433 Posts.

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11/10/16

10:56

Post #: 19766606
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Originally posted by cha ↑

thanks Snout and CG and 64
i had another look at my african elephants. i still think cdv may come off here but decided to hold on for longer term. waf final study out end of year
orr good

may buy more cdv if do come off as expected.

moy upgrade due in october and also scoping studies down track so can see some money coming in here

rms short mine life is problem for them at this level. may rerate over next year if results come in as hoped for.

goldies under pressure here

on other hand oil at $50 level and bpt at 70c level. big week and both either get through these levels or fall back. not fatal if fail on first go but can read a lot into that first attempt. if doesnt even touch line then not good. october looks to be a challenging month and blind time for me for here so waiting time for awhile

mainly wanted to say not writing off moy here. market is waiting for the upgraded report in oct

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Hey cha.
Breakdown last week in gold stocks formed the right shoulder on many charts, sounded the alarm for me, and have reduced my holdings significantly, another leg down possible. Will scale back in when the volume candle appears.
2 Upvote

0 Great analysis

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