Member Info for Brycen

Thanks for all the thoughtful replies. I find your honest appraisal with its positive thoughts and realistic doubts, simply because the info isn't available, more reassuring than hype or negativity. Of course there are risks, lack of detail on finance and doubts about some of the participants. But with social medis barriers to entry are low and success can be quick and stunning. Look at some of the mega rich influencers in their teens and early 20s. For me, it's worth an investment you can afford to lose.

Your posts and others who share your enthusiasm got me interested in a growing sector as in RNS Oct 18 but it is also the way the share issue was taken up by people who can make things happen, ie faith shown by management, that clinched it for me.

It's because many PIs with shares from before the suspension are up to 50% down after almost 2 years locked in.

While that may not mean it's a bad investment at today's share price with new management, the way the suspension was handled leaves a lasting legacy of disappointment frustration and anger. So the reaction against this company is hardly surprising.

I've sold half and will wait 3 months with the rest. IF, IF it triples I break even. Then decide on the long term prospects.

A vote of confidence in the future from a wealthy investor waiting for the shares to relist? If they had waited...

5x! Makes the queston re Horizonte even more interesting

EB how do you rate Pembridge against Horizonte with a market cap almost double? If it is an inappropriate question apologies and ignore.

levi not luvi, sorry typo

luvi it is annoying after the build up to relisting but it is so few people selling it isn't a guide to the future. Activity in the market generally is low, presumably due to Christmas coming up.

I am going to wait 3 months. Like you my holding is almost halved in value but with a producing mine and ambitious MD... if we can believe him which I tend to, this must be less risky than a lot of AIM shares which are typically what PIs like us speculate in.

My account still show PERE as suspended, I assume I am not alone, how many PIs couldn't trade today?

I can't trade online but it should be possible if you phne your broker but at higher fees

Or ii = it's shown as suspeded still

If it reaches 5p it probably is. I sold at a loss but at 5p might be tempted back in, depending on news.

Thanks Lottohopes. I think you have summarised the position now and for the future in a fair and positive way. The suspension was frustrating, the lack of news hugeky irritating. I totally agree, it would be a shame to let that influence decisions about what to do, now we know the potential.

I find your perceptive analysis helps look forward without judgement being coloured by the past 90 weeks, so again thank you. I hope it helps others in the same way.

Creeping up on Level 2 latest buy 40,000 at 12.5

First ore from Yukon’s Minto Mine expected in Skagway in January
https://skagwaynews.com/2019/11/27/first-ore-from-yukons-minto-mine-expected-in-skagway-in-january/

If i've understoond yur question, yes there has been a consolidiation 1 for 10.

Some of us bought in the China Africa days backing PJ who had done well for PIs in the past and paid around 2x the equivalent value to day, which is why yu see so much anger at a placing at 12.5p. We would have been repaid for our patience at 25p and rewarded at 50p as was indicated in the past.

RNS June 21st extract
Key Highlights

· Pembridge is targeting a raise of approximately US$40 million by way of the Proposed Placing;

· Indicative price of placing at 50p per ordinary share after 10:1 consolidation;

· Proceeds of the Proposed Placing to be used for the acquisition of Minto, per the Share Purchase Agreement executed with Capstone on 14 February 2018, as well as fund future work at the mine to extend its life, increase productivity and improve profitability;

Yes it is VERY frustrating but it does not mean the share price wil remain at 12.5p once floated. It is highly unlikely to go down, more likely up for a producing mine with the market cap of £12.5m after raising £5m. This assumes I am making the right calculation by adding max raised to existing but somone with more experience is free to correct me.

Humble and other long term poster here! I also agree with your comment, the interview gave me confidence. Pembroke have a producing mine, compare our Market Cap (est. at £7.25m thanks to Nov 30 post) to Horizonte, or Metal Tiger more hope than substance, unlike PERE.

He gave the impression of being confident and committed to the future, not ramping up the share price for a quick exit at PI's expense. I shall give it 3 months unless there is a compelling argument not to and consign all the negative impressions to the past, based on frustrating lack of news and no confidence in previous CEO.

Humble I agree that's what he meant. After relisting give it 3 months and then decide to stick with Pembridge, or sell.

It goes on all the time, look at Thomas Cooke