Member Info for Deepsurvey1

Helloooo PRD. The ground swell of investors doing the heavy lifting of raising the share price won’t be there when you announce a result. You have to communicate to market your product and build that following, built that ground swell and expectation with some juicy morsels. Dinosaur management is a company killer.

I emailed PRD to request more company communication and they haven’t even replied to my email. Not even “I’m out of the office I’ll get back to you”!!! Or even “Don’t bother us we’re busy” zilch, zero, nothing. Do PRD want investors? I don’t think they do, they’re not bothered.

Ooo didn’t the boss here complain that the share price wasn’t where it should be, AAAh that’ll be investors getting fed up with no communication.

I’ll repeat that communication, communication, communication.

I wonder how the management of PDR communicate with their own family and friends? Probably too busy. They just expect them to be there!!!

Im looking forward to the Q2 results which we already pretty much know whats in them.

Im keenly interested in the RNS just after that(unless it’s included as an attachment to the Q2 results) relating to July’s production performance showing the steep production ramp up. It takes us on the journey to a 500million cap ex company.

Bought back in. Can’t tell when this RNS is going to land But i don't want to be out when it does.

Both Keithoz and CCC doubt there will be any news on Mou3 for weeks. Possibly September.

I think they are two of the most respected, trusted and well informed posters with a good understanding of PRD matters.

Separate to the above August is the share markets becalmed period for the Shares of companies and investors hoping for an RNS that doesn’t come, consequently loosing money in excruciatingly slow motion. When the RNS does come buyers have moved on. I will keep 10% of my holding here and maybe reinvest at a future date.

Hi Colon, I’m still optimistic but I’d prefer not to loose money, I have sold 90% of my holding here. Yes you could call it lack of patience, i get the feeling this is going to go on longer than investors can stomach, the lack of communications makes people get itchy fingers over the sell button. I can see this drifting down.

The lack of communication clearly shows Preditor oil have a large gap in the management capabilities of their company. What other gaps in leadership are there that we cant see? The next question follows, are they competant?

The lack of communication turns investing into gambling and thats never good.

Like all animals, investors need feeding. Communication is their favourite, unless they get fed and looked after they walk away. Thats why the share price goes nowhere.

Thank you Gold.

Hum are in a well publicised and documented Gold production Ramp up period. Like a dragster building up torque about to take the brakes off. Their bankers have been more than happy to fund any blips without a quibble. They are salivating at the amount of money to be produced. The share price will rocket.

Everybody is expecting a lot, probably in a series of RNS’s(the first in the next week or so) over the next 3 months each one, an eye watering climb in production.

The gold price is about to spike from $2,400 to $2,650 maybe to $2,800 over the next two to three months as if in parallel.

As always you can't time the market. Buy now for the ride of your life.

Looking forward to the results from MOU 3 and the start of a rapidly rising share price.

Reaching full production at Kouroussa and the rest of the group should lift the share price significantly but to keep their eye on the ball adding dividends should take this further to 10 times its current market capitalisation.

They should reach capacity.

Based on what’s known- This is what 6 Cat777 dumpers can do;

They have 6 x Cat triple 7 dump trucks (100 tons carry). On a 24 hour operation, one will be in the workshop under repair or service, one awaiting minor spare bits in the field and one heading to and from the fuel point at any point in time. Take out shift changes, breaks and the odd driver not turning up. Gives an operational tonnage of 18 hours per day x the 3 dumpers in rotation. Travel to and from the loading area to the crusher should be no more than 20 mins plus 6 mins loading (4x 25 tons scoops from a Cat loading shovel) and 4 minutes dropping. So 3 dumpers carrying 100 ton each x 18 hours per day x 2 runs per hour =10,800tons of ore per day x 365 days per year= 3.942 million tons of ore at 2 grams of gold per ton average=7.884 million grams per year divided by (28.5 for grams per ounce) gives 276,631,000 ounces of gold per year. Take out foreseen and unforeseen stoppages. Takes you down to a gold production rate of about 145,000 to 185,000 ounces per year at Kouroussa.

Coming back to the mine build up. They should start running the triple 7’s during the day on two shifts for at least a month. Extending that to 24 hours for another month whilst integrating dumpers 5 and 6 after that.

Notes:- The Cat 777’s should be fed by 4 x Cat 25 ton loading shovels supported by 360 excavators stockpiling the blasted material and dozers clearing and tidying the area. The dozers and loading shovels will form and keep the roadways from the blast area to the crusher in good order. The biggest problem you have are spare parts, engineers and drivers falling asleep at the wheel of these 100 ton monsters. Usually they build aggregate bunds either side of the road ways to wake the drivers up if they go off course.

The price is stubbornly not coming down. I’ve had to start buying in.

Can somebody summarise here please. Is PRD going to announce its hit gas or oil and when? As the share price is in the dulldrums I’d like to by in but only if something big is about to come off.

ECB to cut interest rates(ECB interest rates forecast) tomorrow followed by UK on June 20th or July. HUM be at full capacity run rate by the end of June in the highest grade open cast mine in Africa(Dan Betts interview). Technical analysis shows Gold will rise to $2,575 to $2,750 over the next two months.

Thats the summary.

When a countries monitory system has high inflation people will trade any other stable commodity. In Kenya a few years ago people traded in phone minutes which was a stable commodity or US dollars when they were available. A gold backed currency hopefully will be accepted and trusted then the flood open.

Zimbabwe has produced the first gold back currency (The Zig) with the agreement of the IMF.

Backing a currency with gold or using the precious metal to measure monetary value has been effectively banned for the 190 member nations of the IMF since the United Nations-linked finance agency and lender's Second Agreement of 1978.

The opens the flood gates gold is going to the moon.

HUM just isn’t there yet. I’ll re invest when I’m sure they’re back on track. If they can get it right, it’ll be fantastic i just need proof. Timing, as always, is everything.

Only really good news will reverse the slide down to 5p and I don’t think thats here yet, plus the gold price is heading down towards the end of may early June until it turns to the upside in a massive rally through the summer. So hold on to your pants. The question is- do you sell now for a lower Hum share price and buy back for the big rise in the gold price starting in june when Hum should have got back on track and have good news of its own?