The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Apparently Darren is coming out of hiding this afternoon. This should be entertaining. I am already smelling the BS as he explains the raising at the bottom of the market :-/
Has Darren fallen asleep?
Started hibernation with winter fast approaching?
Why the silence?
If he has raised the latest funds at a terrible price for existing shareholders, then surely the idea was to drill immediately.
If they don’t drill these prospects this year, why the hell did he raise at such a terrible level?
The silence is bad, and points towards a CEO who this year has damaged his reputation and now is demonstrating his lack of experience in the field of exploration.
Good engagement, a clear plan, regular information flows and honesty will help build back his reputation.
Hiding and making more mistakes will not.
bitcoinbuyer there is nothing more I would like to do than get back behind Darren but he has a lot of bridges to build and he isn't going to do that by suddenly being absent from all the media channels after never being off them at one stage. It seems he has also taken to not replying to emails. Not a good look.
The year is getting old and we haven't started drilling yet.
Time to get on with the job if these assets are so good.
On the other hand, why would he be doing the equivalent of Johnson's hiding in a fridge when he didn't want to face the press?
Nice to see Ian Buying more I have taken a few after the 5.50 raise.... below that figure ..
Incredible upside here with a bit of luck and the current SP underpinned by PNT ASX..
Lets get behind Darren...
Holding shares and slating him is like ****ing in your own cornflakes.... why would you do it?
Why the lack of progress updates in Canada?
Well good. Maybe Darren will come out of hiding and have something to say.
Never known him so quiet. Obviously finding it hard to look shareholders in the face after his about turn and choosing to raise at the worst time.
Hopefully the 'trust me I'm a geezer' routine will now be a thing of the past but at the moment I couldn't be less pleased.
TR1 holder Ian was buying more on Friday according to the man himself on Twitter and Telegram…bodes well for higher prices in the weeks to come…financed and seems 5-6p are the lows we look back on in months to come and think ‘wow what a gift’
Good read....https://www.mining.com/web/gold-stocks-deeply-undervalued/
Market makers are having some fun today. stepping the SP down with minimal volume....
Means nothing most of the shares are in sticky hands now.
And look whats been achieved ..... Nickel Cobalt Gold ..... :)) PNT....
PALM Canada turn ...5 drill targets cashed up... weather pending....
From last interims Paul burnt through £1.3mill in 6 months
Just saying....
It was cos I have most of August and September off and sometimes i need to switch off..the phone and internet....
December too...he has been spending a lot of time in Canada....the wilderness ...perhaps his Mrs is giving him some stick :))
ATB
bitcoinbuyer as a Ceo you don't put things off as it is 'holiday season'.
It was holiday season when he raised the money, what's your point?
You don't see Paul Johnson at Pow having a rest and he is juggling much more than Hazelwood.
Maybe your comment was tongue in cheek. I certainly hope so.
Not allowed time off with the kids Stan & Levi..... its holiday season....
for those with a life...... :))
This is normally a bad sign
Stan, Hazelwood has gone totally quiet.
September tomorrow so one would hope we will have an update very soon.
Eagerly awaiting his next interview, it should be a hoot :-/
Why the lack of updates around drilling?
Has the drilling campaign started?
Will it get completed prior to winter?
Half year accounts.
https://newswire.iguana2.com/af5f4d73c1a54a33/announcements/pnt.asx/6A1106189/PNT_Announcement_6A1106189.pdf?download=1
Well at least it looks like we have bounced off the bottom. September next week so one would hope the drilling plan we have all paid so dearly for gets moving.
The last thing Darren's credibility needs is a curtailment of drilling all the planned holes due to bad weather.
Are we ever going to get the rest of the Dotted Lake results or have they been buried?
Maybe they have just disappeared like Darren.
I posted the following on another share chat board but felt it could be relevant here too as I hold PALM, especially with our increasing resource discovery potential ....."Yes indeed, Gold(and related Gold shares?) will re-rate with the "coiled spring effect in time.....when confidence in currencies fails and people rush (even 2% of the population rushing to acquire 5 ounces AU would lite it up for sure) to hold something real (other than collapsing house prices and unaffordable variable 20% interest rate mortgages)..Perhaps 85% of US population are on fixed rates...but in the UK we're variable rate and any short term fixes will be variable 20% interest soon.....How many on £3k per month or less take home will be able to afford their £100k mortgage at £2,500 a month? and their £500 p/m electric.
Something's going to give and in the rush for something real in one's hand as their fire insurance....then that's when the price of gold/currency will become those extreme figures, which still look far fetched?? not so much now eh?
The amount of ounces you have will be all important....as history shows from buried hoarded treasure....history repeating/rhyming again?
Do not be concerned about daily/monthly fluctuations on the paper gold price that is set for the miniscule physical PM market (in comparison)....Some say Russia and China have nigh on 60,000 tonnes or about 12 times or more than what they officially disclose....there is a reason for that....and also a reason for increasing premiums we must pay on any PM physical purchases. You should at least certificate some of your xxxx holdings..... I have ! gLA. "
Wheh are the next drill results due?
Cheers loosegoose...isn't it gr8 though.....PNT (AUS) and Fulcrum investments make up say £3m of our £5m......and for the other £2m we get all of Canada...the VMS potential....£1m cash to fund the drills...and Darren!
Name me any other share to beat this for the £2m odd? call it pumping...whatever...but it's just fact......just make sure the drills are near the right plants that grow with gold..you know....bioanalysis and all that Darren! lol.
Yes, I have clarified. The difference comes with some site showing 29m share in issue and other sites show 54.625m. I have clarified that the higher number is correct. Sorry for the confusion but it is now clear to me.