Jsedirect With Simon Brown

Simon Shares The Top40 is up almost 20% since the lows of November and over 12% year-to-date. But instead it feels all gloom and doom. Wescoal (JSE code: WSL) results look horrid, but they had strike issues when they employed a new contractor and that hit production and the leverage impact seriously hit HEPS. But they remain a high quality junior coal miner. Omnia (JSE code: OMN) results were ugly, but not as ugly as the market expected. Apparently during the results presentation they blamed the media for their 23 April SENS stating no rights issue, which they then changed their mind on earlier this month? Gold is running and the perma gold bulls are thrilled - albeit surprisingly quiet? However, a number of people are asking if they should buy gold and the answer is usually no, buy a gold miner and benefit from the leverage impact. Bitcoin* is also going wild, now above $12,000. Here the perma BTC bulls are all over my time line. Question is how high will it go? Answer is no idea, in a perfect world it need