UPDATES IN PLACE FOR JULY

With the world in confusion at the moment ,resource prices have stopped going up at the moment. worst performing are Platinum group metals and other precious metal have shuddered to a halt with almost nothing in the way of dividends .We have decided to start a new list as there likely to be bargains in future. the mining and holdings companies as well as gold have been updated. See sidebar.

MARKING TIME

Resource stocks ,usually mark time in this month. Some have climbed too fast this year as demand is likely to increase faster next year. The upward trend is how ever not broken yet. See all the updates in the left side-bar for MAY.

NEWEST TRENDS

We were one of the first informant JOURNALISTS to come up with the information on the Rare Earth minerals and metals LITHIUM  and COBALT and also then the significance this would have upon the existing metals such as gold and the platinum group, regarding ELECTRIC VEHICLES and other uses ..

To always be at the cutting edge of ideas Visit stock trading trends or google ABACUS ON STOCK TRADING TRENDS, TO KEEP UP TO DATE WITH LATEST DEVELOPMENTS.
CLICK ON "STOCK TRADING TRENDS" AT THE TOP OF THE LEFT SIDE-BAR to access the ABACUS BLOG.
All pages updated see side-bar

Windfall March 2017

Thanks to our inept President our Rand is falling like a stone. Initially good for our metal and mineral prices as we receive more in Rand terms. 
How ever our imports are then more expensive and our exports are more expensive for overseas buyers which then cancels out all our gains .So we hope the volatility will end quickly before irreparable harm is done to our economy! All updates now in place.

NEW YEAR UPDATES

The results of the main general mining Final and Interim companies are been published this month.
It would seem as if investors are disappointed with the results. Do remember that because of the recession mineral and metal prices tumbled and demand stagnated between 2009 and 2014. Since then prices have shown stability and as demand is now increasing recoveries are recurring.
It would seem as if dividends were expected. Do remember that most companies decided to downsize .This has put them in a much stronger position. They are all likely to grow expotentially  in future with many good years ahead.

See the side-bar for the latest updates

FINAL UPDATES

THE final updates are in place  for 2016. The stocks went through a jerky run during the year but traders that followed the leaders and stayed in for the whole period and did not try to time the market did the best,with the extra costs there to attached. OUTSTANDING GAINS WERE MADE DURING THE YEAR see the side bar for the lists.

UPDATES IN PLACE

ALL THREE UPDATES ARE IN PLACE SEE SIDE-BAR

UPDATES ARE IN PLACE see side-bar

We think mining houses and holdings are  safer bet now as the  market is very volatile and single stock mineral mines can quickly fall from grace.

We feel that Glencore and  Anglo are the best bets as they were the first ones to cut production and have satisfactorally reduced their debt.

MIXED SIGNALS

After three years it's renegotiating time again for the precious metal miners salaries. Last time they seriously miscalculated asking an impossible amount of money .When they did not get their way, they turned violent and also embarked on a five month stoppage on the platinum mines. At that time there was a huge surplus of  metal and the price kept falling. How ever the mines were harmed some having to close  various parts of their mines permanently and others such as Lonro almost going bankrupt. There were strong political overtones to the strike as they hoped that the then government would nationalize the mines. Wisely the government refused as platinum group metals mining and benefication is a very advanced operation that requires great skill .
There were unfortunately populist political overtones to the strike.
The net result was that almost half the miners lost their jobs permanently causing great hardship as the mines raced to mechanise their operations and they eventually accepted the 9% increase that was originally offered.
This time there might be a different outcome with all sides exercising restraint.

RESOURCE SHARES REACH EQUILIBRIUM

With the weak resource prices continuing and demand reaching new lows last year,shorting main producing shares last year ,shares made new lows at large discounts below their net asset values. With real investor interest and short covering this year there has been a remarkable recovery in the first part of 2016.
How ever further advances now will depend on demand for products which will drive prices higher. At the moment there no sign of a genuine recovery which will obviously still manifest itself in the following years. Care is now needed when buying stocks as their costs of production are also increasing as the Rand weakens.