Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
regards
Check out what the big money was doing during the fall.
http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D- *Removed* this post has been removed from public view
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The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!- *Removed* this post has been removed from public view
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A leopard does not change its spots, nor a tiger its stripes.
Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.- *Removed* this post has been removed from public view
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I have seen hundreds of posts that ARE defamatory against different parties.
My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.
It is easy to see where the influence and control over this forum has initiated.
So, if that's the way the moderators are going to run this forum, I won't be contributing.
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It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
PEN is very tradable, but not out of the woods by a long way imo.- *Removed* this post has been removed from public view
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I'm in the same boat having traded PEN from time to time.
It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
Shame on many of you.- *Removed* this post has been removed from public view
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I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.- *Removed* this post has been removed from public view
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There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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Do you have a 2.7 million deposit for a new home?
As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000
Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.
Feeling sick enough yet?
Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.
So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!
Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?
To make your appointment for Perthites, and just for a sick session for others:
http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829
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We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!
I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
Hmmm. That's my best conspiracy theory for now!- *Removed* this post has been removed from public view
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I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.
The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.
Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
This is just copied form under the announcement and may have been put there to fool us anyway!
30.3mt @ 1.7% CuEq
(0.8% cut-off) Measured and Indicated
97.9mt @ 0.96% CuEq
(0.4% cut-off) Measured and Indicated
272.9mt @ 0.62% CuEq
(0.2% cut-off) Measured & Indicated and inferred
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Right now, imo it's a buy.
What does that have to do with anything else?
Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper
If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?
It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.
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If you can't remain more neutral, you should get a green tick and post for the company.
You simply can't give a value on it without ALL the information.
Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.- *Removed* this post has been removed from public view
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No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.
However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,
Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.
Cheers
OI NQ , how they hanging?
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He was suspected of being Bendigo. Maybe the mods worked it out.
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:27 - 236 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529197 - in reply to msg. #529196 - splitview
piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:29 - 236 reads
Posted by bigdump
IP 210.49.xxx.xxx
Post #529199 - in reply to msg. #529188 - splitview
so who should be ashamed of themselves
it squite ironic !
Isn't talking to ones self a form of madness
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:30 - 246 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529201 - in reply to msg. #529199 - splitview
fark u 2 fool ramper
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:35 - 242 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #529204 - in reply to msg. #529197 - splitview
diatribe...
Here are the posts you refer to "6 - 8 weeks ago"...
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Subject copper strike.. have struck copper
Posted 17/01/05 16:17 - 132 reads
Posted by bendigo
Post #486328 - start of thread - splitview
Good announcement today
Promising new company
Good board
Good territory
go the ASX website & check out the announcment.
Cheers
Bendigo
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Subject re: copper strike.. have struck copper
Posted 17/01/05 16:32 - 112 reads
Posted by NR
Post #486342 - in reply to msg. #486328 - splitview
all ready on them bendigo......awaiting further annonucements.......
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Subject re: copper strike.. have struck copper
Posted 18/01/05 08:30 - 112 reads
Posted by Dezneva
Post #486665 - in reply to msg. #486328 - splitview
Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.
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These were the first 3 posts ever on CSE.
Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."
Problem is, it was Bendigo he was replying to and not you!
How do you explain that?
Cheers!
The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:40 - 234 reads
Posted by Rocker
IP 220.253.xxx.xxx
Post #529215 - in reply to msg. #529204 - splitview
well picked up T4P
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This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
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The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.
Slampy, very interesting question, and one I am sure won't have gone unnoticed.
Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.
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CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.
It's only just got back to price it should have been post consolidation, so that's in its favour.
Very little to sell, I like that, as it will move quickly.
Many won't have received the email yet as they're at work, etc.
Read more here.
http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO
Looks good for next week. Be prepared!- *Removed* this post has been removed from public view
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Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
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Lots of reading today!
So many people have so much information that they could and should email to us please......
[email protected]
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Gold is now the world’s reserve currency, and Trump’s tariffs and immigration policy will ‘wreck the boat’ – Nassim Taleb
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By Ernest Hoffman
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Jun 18, 2025 - 7:38 AM
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Jun 18, 2025 - 8:12 AM
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(**promotion blocked** News) – The U.S. dollar may still be a good pricing mechanism and medium of exchange, but gold has already become the de facto world reserve currency, and the Trump administration’s tariff and immigration policies are ‘like trying to wreck the boat voluntarily,’ according to Nassim Taleb, author of ‘The Black Swan’ and scientific advisor at Universa Investments.
Taleb was asked at the outset of an interview with Bloomberg if he believes that since the publication of The Black Swan, major unexpected disruptions might be less of a threat because everyone is looking for the unknown.
“Actually, what has happened is that [people] have started to be fooled by randomness, where people don't understand the difference between noise and signal, and mistake, very often, noise for signal,” Taleb said. “Things have gotten worse. The understanding of tail events has gotten worse. The pricing of tail events, that one would think would be more rational, has gotten worse. People use bad models more and more.”
“I don't think that consciousness of risk has improved,” he added. “We just think that at any point in time that we live in a more risky period than our ancestors or anything than we did before. But it's just a normal perception.”
Taleb was asked about the markets’ reaction to the worsening U.S. government debt situation and whether the markets are pricing in risk in that area.
“Let's look at the markets,” he replied. “Markets are not driven by long-term economic stuff, it's driven by allocations. For example, people think that the markets reflect today the impact of the tariffs and these policies that may or may not be rational. No, markets are driven by certain allocation parameters, and people, of course, panic sometimes, but they've got to satisfy these in the long run. Of course, the economy will decide, and we have severe problems, the first one being the accumulated deficit, and it's snowballing, as you know, and with interest rates here, it is adding every year to the budget, just to stay in the same place.”
Beyond the steady erosion of the value of the U.S. dollar, which Taleb said is ultimately reflected in U.S. equities, he sees another major problem on the horizon.
“There's a second risk,” he said. “The first one is the deficit. The second one is effectively that the dollar is losing its status as a reserve currency.”
“What proof do you have of that, though?” the host challenged.
“You can see the accumulation of gold in the [central bank] reserves, and the behavior of gold over the past 12 months,” Taleb replied. “And it didn't start with Trump's policies, of course. It started with Biden when he froze the accounts of people connected to Putin, thinking that it'd be limited there, but people not connected to Putin decided to stay away from the euro and the dollar.”
“Gold is effectively now the reserve currency,” he said. “Transactions take place in dollars, euros, usually dollars, and at the same rate; however, they get converted back into gold. And we can see it from the accumulation of reserves.”
Taleb was then asked about the recent Citigroup report suggesting that the gold rally might take a time-out this year, with prices retreating after running to near-record highs.
“What do they know? How do they know?” he answered. “I'm not a central bank, but I think that’s what's going on now, particularly with the new administration. The perception of America is, the riskiness of America has increased. So on top of that move into gold that started with Biden, we have now a move into gold by people who are afraid of these policies, especially central banks around the world.”
“The dollar is a good transactional currency because people can label things in it, but not necessarily a storage currency,” Taleb said. “This is what we're facing now.”
Taleb was then asked whether he worried about the Trump administration’s economic strategy.
“Let me tell you, long-term, this is why I think that we need to worry,” he said. “We need to worry because the approach is not very rational. First of all, they're amateurs doing numbers, to start with. The other thing is, think about it: You have 4% unemployment. What are you going to do now? Use tariffs to try to shift business from high-added-value into low-added-value. This is what we're invited to do?”
“Well, that will depress GDP,” he continued. “It’s like asking a surgeon, just for balance, to clean the streets one day a week. Of course, it would depress GDP. That's exactly what the Trump administration is getting us to do. I understand that tariffs may be necessary in many areas, there's a need to be symmetric and stuff like that, so this we understand. But the way they're going about it makes no sense.”
“Can you understand the reasoning behind it?” he was then asked. “Because these are people that Trump has around him, Scott Bessant, Howard Lutnick, Steven Miller. They're not idiots, right?”
“They're not idiots, and they're not specialists in that area,” he replied. “Peter Navarro, I apologize, but I'll have to say that in his own domain, he hasn't fared well. If the other ones have had some kind of performance in an area that is orthogonal, in other words, uncorrelated to the current performance. It's like asking a dentist to do brain surgery. They may do better than average, I'm not sure. None of them really is a specialist in the area that they're discussing.”
“This is where I find myself agreeing with the economists, that basically it makes no sense, and the approach is irrational,” Taleb said. “The idea of confronting China is irrational. Now, let's think, what are going to be the effects? Well, there are two things they're doing. The first one: tariffs on things that we don't produce.” He said this is effectively a tax not on the middle class, but on the poorest of the poor, because they have less money to purchase essentials. “And then compensating that with a tax break. That doesn't work, you don't pay taxes.”
Taleb was then asked about Treasury Secretary Scott Bessant’s statement that artificial intelligence may make it work by making the economy more productive.
“Yeah, maybe for Christmas, we'll get Santa Claus coming in and distributing money,” he replied. “As the French would say, maybe you can put Paris in a bottle. The idea of these tariffs may be sound. The way they're going about it, it's like trying to wreck the boat voluntarily.”
The second big policy misstep Taleb pointed to is immigration.
“I don't know if you realize the structure of American businesses and American labor,” he said. “Last time we had a labor shortage, we saw what prices did. People have large loans. Everything is based on cheap labor coming from Latin America or elsewhere. Everything is based on it. Trying to constrain that source of labor may make sense in the long run. In Japan, for example, they have small houses. Here, people have mansions. You won't be able to find people to mow the lawn or do things.”
“And if you have to wait for artificial intelligence, okay, let me know when it comes and I’ll revise my opinion,” he said. “For the time being, we don't have cheap robots, and so there's a lot of dangers in these policies. It’s as if they didn't think of the second-order effects.”
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$20.38 |
Change
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Mkt cap ! $29.11B |
Open | High | Low | Value | Volume |
$20.73 | $20.73 | $20.28 | $112.5M | 5.492M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 12479 | $20.37 |
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Price($) | Vol. | No. |
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