Member Info for BlakeneyP

The last director purchase was in January: 150,000 shares at 75.77.

If our chairman sold them today at 50 pence, he'd be down £63,655 - and in less than a year. He now needs a 50% share price increase to break even on that single purchase.

Thanks for everything Scotgold.

News about that should be here any day. If it's significant enough to merit and RNS, that could even happen at any time of the day.

The other news I was hoping for was confirmation that production figures are in excess of what was originally forecast. The market was alerted three months ago that the figures were less than expected - but the work was ultimately successful or wording something like that. If they had to announce figures lower than forecast, hopefully they'll do the same about better figures.

The White Cliffs of Dover have been visible from the start - that's the problem. The share price is still abysmal. In fact, if you consider all the supposedly great work that's gone on recently, it makes the share price even worse.

The powerpoint slides: if some whizz knocked up these slides in 20 minutes, great. Sure, some time has to go into the thinking behind the structure outlined but how I hope management doesn't think snazzy powerpoint slides change a company's fundamentals. So often companies spend a fortune on consultancy fees and end up with nice-looking slides.

Bah, humbug.

Looks like the company is managing to eke out a 52-week low as a Christmas gift to its shareholders.

Great job, guys.

Is that us down six of the last seven trading days?

Consistency continues to be our watchword.

Thanks Scotgold.

· Tailings thickener erected in the processing plant - construction well under way, planned commissioning during Q4 2022 to enable smooth implementation inline with increased throughput of ore from debottlenecking initiative

Surely we'll see confirmation that the commissioning happened sometime soon.

What a share! More oceans of nothingness as we approach what should be a hugely significant quarter. There's as much interest in the company as Scottish football teams will have in European competitions in the new year.

Come on, Scotgold!

The company tweeted about the completion of a "month-long programme of VLF geophysics" which is related to defining "vein structures and potential future drilling targets."

Sounds good and might explain a few decent buys over the last week or so.

Onwards and upwards......but I did think that that kind of work featured in the documentary - and that was filmed a long time ago.

Tantalising for sure but as I understand it - and correct me if I'm wrong - funding for all these new areas can only come from two possible sources.

1. From profits generated at Cononish and that will take years.
or
2. New funding and that's something the directors might possibly look at acquiring next year.

And didn't the documentary give the impression they were pretty far ahead with deciding on new areas? That was years ago now, same as your tweets. What happened to that particular work in the interim?

Will the most profitable gold be at the jewellers in time for this Christmas or we will me miss yet another year?

A good presentation but it sounds as if there won't be any catalyst to affect the share price positively for the next few weeks at least.

Maybe now is the time to accumulate but the problem is that people have thought that for many years and have been proved painfully wrong thus far.

Even yesterday's significant increase in the gold price doesn't affect unloved SGZ.

Excellent!

This looks like an unfortunate misprint though: "The mine is estimated to contain 550,000 tonnes of gold."

There's usually an interview with Proactive within a day of a release like yesterday's - no sign yet.

Why would anyone buy in now?

Dividends and an accelerated expansion might possibly be discussed at some point next year, assuming there are no disasters before then.

If they are discussed and the computer says no, it's going to be years and years, if ever, before Cononish can pay for everything.

Stagnation and gut-wrenching falls: it's the SGZ way.

Cononish is in the land where Gaelic would not have been uncommon in the past and in that language they have no word to denote such haste!

Stuff has been happening for years.

The positive effect of all that activity on the share price is non-existent.

Is the share price today now lower than it was when PD took over?

Especially as the share price, now that we've turned the corner and everything, is about a measly tenth(!) of where it was in 2011 taking into account the consolidation.

Then there's all the extra shares that have been issued since then.

Outstanding effort.

Down another few percent again.

It's as if maybe seeing a return in five years, or significantly longer, after already waiting for ten, isn't appealing to investors.

Weird, eh?

A mere 17 years?

Think what it would be if they weren't "fast tracking" Cononish as per a recent RNS.

Come on Scotgold. Give us a break(out).

We were told about this time last year that we wouldn't be getting monthly updates. That's fine but even of the absence of formal updates, some news wouldn't go amiss.

Letting the share SP just fall away seems to be the tried and tested SGZ way of doing things. Actually, sometimes it plummets rather than drifts downwards.

Come on, Scotgold!

It's not false modesty but it doesn't matter what I think.

Nor, indeed, what you agree or disagree with.

It's what the market thinks that counts.

Today the company is valued at 4% less than yesterday (despite all the positives you refer to).

Losing more than 4% of the company's value in a day would seem to show that despite everything, nothing has really changed.

Unacceptable.

As it has been for ten years solid.

With the share price and the general interest in the company you can really feel we've turned the corner.