The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Held well in Canada on a weak for junior mining day. Looks like it doesn't want to go lower. Good entry price, gold price primed for next leg up as well. Interesting times.
It would have been nice if Pure had hit the road running
however than doesn't normally happen in under ground mining.
What is more important, unless you need to sell, is what the SP will be next year, or in two years.
Exploration success and improved mining technique, cutting out dilution should mean these prices are long forgotten.
It is a solid hold/ weak buy for this quarter.
70p seems the bottom hopefully!
Its like a falling Acme Anvil...
Spac, how can you be so sure?
T M: Marked as a sell??#
Trades 19
Vol. Sold 66,413
Sold Value £49.15k
Vol. Bought 275
Why do I bother with premium membership ??
We either have a background seller or this was a sleeping MM. I am hoping it was a bargain!
Buying 12,628 PURE GOLD MNG INC COM NPV (DI) (PUR)
Status:Executed
Placed at:14:59:51 27/04/21
Price:£0.736495
Order Type:Market
INTERACTIVE INVESTOR PRICE IMPROVEMENT Interactive Investor improved your order by £170.54
I really can’t see it getting much lower now! Said that before!
Trek
Hi Tom
I don't think another set if drill results (unless highly spectacular) will have lasting effect on SP but first hint of better production grades will see a dramatic turn in SP.
I don't think it was deliberate to drop the sp it was a case of a bird in hand.If you are getting share options and see a massive rise who would not be tempted to sell,Anyway with the drilling now going hell for leather I expect to see the sp to rise to a much better level very soon after results come in gl
Management started flogging of a percentage of their shares, way before they knew of the dyke
They've sold far less since first pour.
I don't and didn't like their almost deliberate actions to drop the SP with constant drip drip selling
however it wasn't done with knowledge Q1 would be poor !
No answer to that except I trust they have learnt a lesson and the major share holders will act accordingly
Tom, what stops them doing it again !
I think the mess is in the past and the next set of figures will show a marked improvement like the sp.
They were selling into this mess knowing full well the outcome, bad eggs mate !
Maybe Sprott should elect someone to the board to keep an eye on them IMO.
sanlorenzo
I really don't think it has much to do with cups but more to do with calling a spade a spade. Snouts in troughs doesn't necessarily change the final outcome here but from a PIs point of view the way things have developed here is a tad galling.
Maybe you're just a little bit more used to being pizzed on than I am.
TDT
Looks like a double bottom to me
T D; Cup half empty I guess; my cup is half full. If one does not trust the management one should not invest; I trust the management as does Sprott and I trust Sprott's judgement. I see this as a good buying opportunity if one is prepared to hold medium to long term. GLA
"Labrenz said the dyke dilution impacted one stope and the company was unlucky to encounter a dyke so early during the mine's life."
Gosh, that was unlucky wasn't it? Look on the bright side though, at least the BOD had a bit of luck selling all these shares before this unforseeable piece of bad luck? That was lucky, for them.
TDT
Seems a good price to buy in and the article explains a lot,im in
Apologies Sanlorenzo, I had not looked at your link and thought it was a video to watch after I posted.
Good find.
P W: Not a video but latest (19 April 21) from the CEO explaining Q1 problems.
https://www.mining-journal.com/leadership/news/1408593/pure-gold-financing-to-accelerate-ramp-development
Luck will be needed. I was hoping for a decent investor to take those new shares but it looks like it's yet another hedging fund. They invest but also hedge hence new considerable short position. Bottom drawer this one.
Good luck Boom, I bail at 40, hopefully the management bail before then.
We're getting traded, consolidation time. Let's see if 77 holds - would be great but I doubt it will, then screaming buy opportunity at 72. GLA.
Just wondering if a new smug video will be released ?