Member Info for Dartron

Great news today, very please for all especially long term holders. The last few months let me bring my average down a bit more, and im in the green this morning! Time to enjoy the ride.

I dont know about jitters, but its not the exciting ramp up to results I was expecting. This is going to make or break me, but with the large losses as you elude to, I'm sticking with it. I have been watching the barley harvest in the field behind me, and noted that the model of the combine was a Claas Lexion. The tractors vary, some very powerful John deers for ploughing, but the daily driver is a little Kubota. If this comes off I would like a vintage tractor, but seems very far away at the moment.

Well that explains the large volume and printed trades recently. Schroders plc increased their holding from 22% to 23.1%

Cheated, 'one would expect' 200k Oz in phase 3 of the mine, we are just entering phase 2, targeting 100k per year (Q4 2021).
https://www.puregoldmining.ca/wp-content/uploads/2021/09/PureGold-Deck-September-7-2021-Final.pdf

- Slide 5 mate.

Suggest reading up on PUR a bit more before posting what might be interpreted as bashing or de-ramping. Did you know some people do that as a paid job (obviously failed the McDonalds interview), and you wouldn't want to be mistaken for one of those pond life's would you?

Time to load up here at PUR my friend and spread the word.

Yeah, saw that post too. Be nice to be able to register and get those notes!!
Frustrating recent weakness in the share price, but I dare not sell, I can see this doing 10 or 20% in a couple of sessions at some point soon. I have high expectations for CAPD, and I believe we are due another update soon.

Q1 results (jan)4,011 ounces at a 95.0% recovery rate.
Q2 results (may): 1,908 ounces of gold produced
Q3 'Strong start RNS' (aug) Gold production achieved a new monthly record in July of approximately 3,730 ounces of gold produced. Mill recoveries averaged 96.0% for the month.

Expecting Q3 results fairly soon, expect once the "over-allotment option to purchase an additional 15% of the base Offering" has been closed, then I hope we start to see some good news and a slight rise in the SP.

Not trying to dress this up as a trouble free investment, but to be fair all the details are regularly published, and all you need to do is sit down and read each RNS and interpret the data. The dilution is not great, but its 'only' another 6% on top of vast dilution anyway, probably not worthy of such a drop IMO. I have used this opportunity to get my average down, and on paper this is now fairly well de-risked. As was mentioned before by others, all the hard part has been done. I actually think the extra placing was due to using contractors to increase the ramp development. Its possible that they just wanted to get to producing higher quantities faster. Im prepared to give them 'one last chance here' and as said before, betting with them and holding shares close to their share option price of the BOD AND the new placing participants is a fairly sure bet. Not expecting dividends of even debt free any time soon, but expect to be able to flog on the shares nearer the 90p mark and if they really get their act together, I may keep a few.

Cash burn reasons ? -

"Steady progress on ramp development, with daily ramp development rates for the Main and East Ramps averaging 5.4 metres and 3.7 metres per day for July, respectively. With a dedicated contract crew now focused exclusively on the Main Ramp as of July, capital development will continue to be a priority for the balance of 2021 to ensure continued stope availability and flexibility and to accelerate drilling and access to 8 Zone"

From the recent interview, what can investors look forward to question, there was no mention of sales. Slightly concerning, but look at the back drop of everything that is going on in the UK. My hope is that there is enough revenue to keep the company running (which I think there will be), and at some point we will see a monster RNS of a significant contract. If there were more flow batteries and gasification plants (see share EQT) the gas crisis would be far less of a crisis. Just need a forward thinking government to start to roll some of this stuff out. I think you have to have a 5 year view on this one, and the only negative is further dilution. One other point is that this share has not dropped like many others over the recent weeks, (ok it had already done that down from £1.60) but I think we are close to the floor here at £1.20.

4p was the placing price, cant see us pushing through that without material news.

I did read an article, which I am sorry I can not find now, but it was titled 'Moodys downgrades base metal outlook'. I think its getting more accepted that base metals may start to weaken. Hence the weakness in the share price. Shame really, but an opportunity for the value investor with a little time on his hands.

Cant see them bringing any revenue in this year. All seems very desperate. No interview to explain 'how good' the Billingham decision is?
I have given up hope of breaking even, let alone the fanciful predictions some say on here. Can one of the rampers tell me - Where is the revenue this year going to come from this year and how much estimated?

I dont see this share as an investment that will provide returns from operations, i.e. I would not invest here to benefit from a rising gold price. I do think there will be some returns in a shorter time frame based on the greed of the BOD, who will no doubt want to ensure that the SP is trading above the placing price and even up to the 70's so we can get those warrants exercised. Ironically, this is now an investment bet of Darren's greed, of which I am highly confident, so have more than doubled my holding. "Greed is the lack of confidence of one's own ability to create" Very apt for here I think. Get your snouts back in the troff PUR, I want my money.

Thankyou both for the reply. I am trying investegate because I use a PC rather than a phone. So far looks ok and exactly what I need.

Great news!

Can anybody recommend a better site for RNS notifications? Ideally based on a watch list. I can read them on the London stock exchange, but I have a huge watchlist and checking each one is not practical. Seems that this site would rather target pointless video adds at you, rather than fix their RNS issues.

Wow, big green candle on the copper chart. Something is brewing.

I dont see this going any lower now. I believe it will start to rise again next week, from my own TA. 84p is a bit hopeful since we saw 84p before the results were announced, so things have moved on since then. I think early this week, we say good bye to the 80's and hello to the 90's. Time to get the glow sticks out and white gloves :)

I'll just leave this here.... :)

https://www.lse.co.uk/news/BVC/batm-advanced-communications-ups-guidance-on-rampant-profit-growth--cjxwv45xhghvyhu.html

The Israel-based medical technology company posted a pretax profit of USD19.8 million, up sharply from USD1.9 million a year before. Earnings before interest, tax, depreciation and amortisation for the six months ended June 30 was USD22.7 million, up from USD5.3 million a year previously.

Growth was partly attributed to "significant demand" for high-margin diagnostic solutions, especially for products related to Covid-19.

Other covid tests are available - sadly not the GDR one though. PMSL.

Hopeless. Salvage what you can. Learn from it. Buy book and understand how real companies and markets work. Resolve to never get suckered in again. Dead man walking. Dead man walking!

my buys showing as sells.

In a year or too, will copper be north of $6 per lb? Most probably. CAML will either be bought out or reaching its simply wall street valuation of £7 or so. I can wait and will add.

I too am struggling with my CAML investment. The share price is the same as it was 12 months ago.. and also the same as it was in December 2020. However, I do not think this is the companies fault. I do not think they need to start doing PR, or need another asset. CAML is a well run company, which will be making great returns this year. The full year dividend should be at least 20p, which today would make the yield 8.5%. I think the slowdown in economies is spooking investors, and have also read posts of people leaving the market entirely while they wait for a stock market crash. Not sure what China is up to, selling copper and now crude oil reserves?
I don't expect copper or the other metals to go any higher, but with the debt repaid, I still think the earnings are going to be very good here. I jumped ship last year from Polymetal at around £17, so could be far worse for me. Disappointing to have not made any return here, but still own a great company which is going to be prosper in either case. If commodities do pull back, they are in a great position to acquire and run another asset. If commodities dont pull back then we are quids in. Since CAML is a proper company (not some Jam tomorrow outfit) I am not too worried about a market crash, if I was going to pull money out of the market, it would not be from CAML, and if CAMl crashed I would buy more.
There may be better shares out there, but I have invested a work and analyses here, and still feel this will do well as a long term investment. If this dropped to £2.00 I would struggle to find a reason not to liquidate other investments and pile in?

If I am missing something please tell me. It feels like I am, but I just cant see it.