Member Info for Brycen

Maybe my Level 2 supplier has changed the symbol to ICON prematurely. Trades show on here under WDC.

On Level 2 WDC no longer works but though ICON is shown as a live feed there are no trades. As you say it will probably be sorted over night.

WDC is no longer a valid symbol. ICON works, the headings are there but no transactions show. Could be is has only just happened and no trades have taken place yetr.

I've just seen your comment "Several Contracts in Documentation Stage' from 8 weeks ago." So what if it is 8 weeks? Same response, they are not going to announce every detail as negotaitions proceed. It would not be a prudent way to handle new contracts. I am sure they will take great delight it announcing new business,when it is appropriate.

What on earth do mean, sets expectation? What they are doing right now is basic routine admin. Lack of news flow, what real news flow do you expect at this stage? Do you exoect them to tell PIs each time another admin step is takens? Not detailing each step in an RNS, or or news release, is harly working in the dark.

Look the field they are in, it is not capital intensive and success can come incredibly fast. Let's give them a break and wait until the name change is complete. Thet is the time launch effectively. If the don't then we will have grounds to complain.

They could hardly launch in a blaze of publicity until the name is changed... and by the way it is a brilliant name. Most of the delays of which they are accused are routine admin matters, they will be sorted. Listing the steps makes it look like a problem when it is not. This is effectively a new company and I repeat, give them a chance to sort admin and them get going with a launch in the new name!

If they get this right the potential is just massive, if they don't it could jog along without achieving much or it could collapse. With their past experince and hoping they have learned from what looked like immature mismanagement, I believe they will get this right and who know what the value of this sompany mihght be in a year or two... or less possibly.

I know what people have been saying about DS but he does offer a wise head to ensure financial prudence and direction to actually turn online success into profits. I like this opportunity, risky perhaps but potential by bucket loads..

I've no idea if they are aware of it but surely they must be if they plan to commence copper deliveries?

"The company plans to start producing ore by the end of the year and ship it from Skagway."
https://khns.org/with-purchase-of-minto-mine-yukon-ore-to-be-shipped-from-skagway-once-again

No problem. It just make it feel real, an important project to the local community and a for us worthwhile investment rather than just another deal.

http://skagwaynews.com/2019/06/28/state-wants-assessment-of-needed-repairs-at-ore-terminal/

I feel the same and after getting too many wrong in the past, I hope I am an improved judge. Everything about the way it is being set up and developed suggests a BoD determined to grow the business ambitiously.

Probably not, someone has just bought 1,000,000 for 0.3299, then a small sell and a buy of 63,324 at 0.334. So even if nore are sold we have probably seen rock bottom. I just wish I had some spare cash!

Disillusioned investors on this BB may rush to get out. But new investors who have not experienced the frustration of being locked in with no news may look at this deal... and rush to get in.

I shal wait unless there is a massive and tempting move up on relisting.

Thanks okenia and all for the valuable analysis.

I don't know what it all means but the share price is not collapsing

I don't see how the 30m is a sell. Someone has just bought 284,618 at 0.351 followed by 2 buys of 1,000,000 ate 0.351. If 30m was a sell on top of 35m the price would surely ahve crashed down. There should be an announcement soon!

30,000,000 bought a 0.3165

35,000,000 have just been sold, I have level 2. Price 0.315. An earlier small sell 138,437 so probably small PI was at 0.336

So the discount for 35m is not that much! What does that suggest?

A lot of shares were sold yesterday but the share price is pretty stable so someone is buying or the MMs would have lowered the Bid. Sells were big numbers, buys generally relatively small but lots of them. It suggests a lot of private investors see a real opportunity, I certainly do.

OilNovice. Many thanks for that.

The drop is 4.17% but that is not really significant, drops of that size have happened with smaller sells and it doesn't take many buys for it to go to 0.38. Does this suggest there is strong underlying support? Comments for anyone with more experience than me welcome.

I agree with Lottohopes’ logic. The suspension is frustrating but I’ve consoled myself with the hope it will al be worth it and like Lotto, I don’t think this is unjustified optimism.

In addition to his analysis, it just does not feel as if these Directors intend running a life style AIM outfit of promises, placements in an ever repeating cycle.

Ten years ago when I was naive and trusting, I invested in two AIM mining companies whose Directors were full of promises.

I gave up and sold both after more than a year of nothing, happening apart from more empty promises in useless RNSs. Is that better than the silence of PERE, which may actually be for a good reason?

Today (I just checked) both their share prices are much the same. But the Directors have made a very good living at PI’s expense... for 10 years or more!

PERE’s Annual Report simply does not feel like that.

As Lotto mentions, they have made acquisitions so clearly they are not doing nothing.

Isn't is also significant that their intention to trade on the main market for listed securities of London Stock Exchange?

Why do that if you intend running a sham lifestyle company? Far better to be on AIM with less scrutiny, less onerous reporting requirements and less cost.

Like okenia I ended up here after following PJ into what was China Africa Resources but decided to tick with it when it all changed. I still hope that proves rewarding!

It is very frustrating but I do wish everyone here will all find investing in PERE proves to be a profitable decision - eventually. GLA Brycen.

Thanks, which is why the spread remains small presumably?