We would love to hear your thoughts about our site and services, please take our survey 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.
All at 14:26.
That would learn em ;)
Well at the current rate of losing 0.5pence a day Bonkers,
you should be able to buy the whole company in 14 days !
I've no idea where this is going but I can't resist dipping my toes at 6s :)
Bought more today Friday 29th @ 8p .. Lifted 2mins before London close .
I've no love for Sprott - their involvement here is the biggest red flag for sure.
What the chart tells you is that the business is nearly bust - it has restructured its payments to its biggest lender at 14% and kicked them down the line to 2026 - but thats a big interest rate to pay and if it defaults then Sprott takes over in an insolvency agreement - issues some capital for equity on really bad terms to current bagholders - sorry shareholders - and then makes the business and cashflow good - assuming the gold is in there at the correct levels - and then they IPO back onto the Canadian market in 2030. Thats my guess - thanks Blue
20x back to the top BTW - just to put a number on that ;)
Impossible call isn't it but if this survives and its fortunes turn around then there are few shares that will move more quickly - perhaps even overnight.
The charts say that if the share price is going to resolve itself, either higher or lower, now is the time.
https://www.tradingview.com/x/4g36hs81/
I am inclined to think that the SP will resolve itself higher, especially as gold rallies.
The share price indicates, and the company so far, have shown no signs that they have turned around their clown performance.
What is the chance pur will turn around and rise, since the first gold pour it has gone down and down 140 to 7. Opinion please (not advice) if there is any chance here now of a turnaround.
Yes prophet there is here is what your referring to or google https://rosenlegal.com/submit-form/?case_id=5112
Going to be interesting to see how all this turns out :)
I believe there is an ongoing class action against the board. They will most likely like too sell before this can get any steam.
why? They have (board) managed this share really well.Sold at the right time,salaries,benefits. shrewd and intelligent, successful. Its just that our interests aren't aligned. Same as amc. So many aim companies seem to be like this. However good these companies are, the deposits story, same same same.
Worthless unbelievable. They need to do a consolidation asap
Bought more today @ 8.5p .. Lifted 10 mins before London close .
It's linked to the gold price IMO, organised control by the western power.
.....going to the wall? It's starting to look like it. Chunky sells suggest the smart money knows something the rest of us don't.
TDT
A buy out/sale to a bigger, stronger financed and much better run (that wont be hard) company is probably the best solution for Pure now as the halfwits in charge have yet to show they can fix the issues. Their realisation and exploration of this option is actually a slight positive.
A link up with Kinross is a win-win fit.
They get a brand new mill and great surface ore body Great bear, and later maybe the 8 zone gives us some great results.
I can wait for July to see what their update is that hopefully will reward shareholders term. Might just buy a few more now.
It means that end of the road is not far away.