Member Info for Bigoiler

Maybe, but then again it’s possible other factors are known.

The last news from the company may appear bad, some have said it is worthless. However, this is exploration territory, minerals do not tend to just sit in one lump. You can have large areas of deposits linked by ribbons or veins of material. So I for one will be adding more stock, as I do not see a change in the fundamentals of this project.
GLAGLTH.

I did see a report that stated that production of gold world wide is due to fall over the next two years. If that is correct, then this is a good punt for lth.
Gold mining is not a short term trade, imho, so good luck all lth.

I did see a prediction, gold production world wide is due to contract over the next two years. If that is true, we could be on to a very good thing.

Not to disparage too much, this could be another Rangold of the future for lth? You would not want to sell in a fit and regret at leisure. Let's look at the long term, before we rush to sell, consider all the possibilities, then sell or hold as the case may be.

It seems from the rns, shareholders will have choice SA or NY listed, I would expect that to follow through to London listing.

Hi, guys I am amused to note that some on this BB seem to think,that you buy shares in this venture and that is the end of it.
This is mining, and that takes a lot of money. Dilution is coming, so get used to it. For the future I will expect to put quite a bit of cash into this project, before I see any dividends or return. I will put money in and suffer dilution along the way, yet I think it will be worth it in the future. If you cannot stand the heat of the kitchen, I advise you to invest elsewhere.

Thank you for your reply, this is one of the matrix I use when deciding to invest/increase holding. This looks to be a good bet.

Hi, please can anyone tell me the all in sustaining cost of production for the company?

I like the fact that the company is looking at prospects in different countries, not all eggs in one basket.
GLAGH

If memory serves me correct, didn't that 'clown' Trump tell the Germans they were too reliant on Russian oil and gas. Didn't the german delegation s****** and laugh at him? Out of the mouths of babies etc. Who is laughing now

Currently there are 15 uk companies that are tax payer funded in uk who do business with russia, I get the impression that poly is the scapegoat for some who will no doubt profit from the situation by investing in "good" companies. Hypocrisy.

Except my ignorance, yet it costs 50 mill to construct a mine, minimum figures. What in hells name have the board been upto, and why are we looking at a further 50 mill finance?

Any share is worth what one is prepared to pay at the time, with this share, if you believe this will be £17 a share in future, then the price at this level is moot

Good thinking

Ggp2, would be nice.

We are all gambling on the up side. In the past I have made money on mining companies and lost money on oil stocks, we are in uncharted waters, we sink or swim on the wim of others, we have no control over events, do your own research and don't gamble more than you are prepared to lose. Glago.

I think you are correct, but do not forget that gold stocks are being shorted by some traders to drive the price down so they can churn the stocks.

Well this does seem a lively board! Just so you know I lost out on Bahamas petroleum, so I am not looking for followers. Half my stock is in gold mining shares, the remainder in tobacco, consumer goods and oil. So I am hear to diversify my holdings. I look forward to improving my value here.

Any price drop may be a buying opportunity.