Member Info for edzi

Hi, I honestly don't know what the price will be if they ever sell the damn company, all I understand is that they need certain monies to get to a point where they can make the call. I agree with you about dilution but like you I'm in here now and have to wait and hope that things come good. I do believe that at their age and what they have found including the Nickel that they will eventually be taken out, if it is 10-15p I will accept it just to get back some money. I try to look at it as if I was in charge and I certainly would not throw good money after bad if there was not an end game, what point would that serve, they have nearly enough Nickel for a future and the price of that metal is rising and they hopefully will add more gold which in this world should go up at lease another 15% in the future with all the crap going on, then they should have a Company to sell. Another way of looking at it is once they have spent the next load of money and got a better JORC statement what then!! Good luck to all

I presume you are referring to me being a clown as I posted about dilution. I have no problem with your comment at all as if you give stick you must be prepared to take it back, However, I totally agree with your view about the number of shares in play, just so you know, I bought in some years ago at 11p and I am certainly not happy about the dilution but I don't see any other way of doing it other than trying to sell the Company now which would not be a good idea. As for taking wages, would you put millions into a Company and not take any, I would'nt. Having built up a Company and sold it things look very easy from the outside. If Landore is sold for 30p plus in 2 years time and the Directors earn millions I am happy for them, they didn't force me to buy their shares and I hopefully will make some monies moving forward. On making statements you always have to look at the other side of the coin. Look at all Public Companies, the reasons for going to market is to raise funds when needed, if you don't think it's a good idea bail out and take the losses,did you think you would invest in a small mining Company without dilution? You pay your money and take the chance

Hi Madsktpan I would like to know your view or anyone's view on my take on things. I fully understand that nobody wants share dilution, however, with that dilution the Directors also put their money where their mouth is. I also understand that when they were in Brancote they did very well and since then they have not really hit the mark with PGD as well as here, However can I ask the following. If the Directors put monies in why would they if they don't think that they would get it back+++? How else are they going to get the works done other than do a JV Why would Humphries turn warrants into shares at his cost From the costings it looks like it all goes to proving up the resource and other than Admin where else would they begetting monies from If they double the resource and again prove that it would be cheap to get out the ground and on top of that have the Nickel what is the problem. If I am right and they sell the Company and get maybe 30p + a share don't you think it's worth it Please let me know if I'm dancing with the fairies with my thoughts Many Thanks

Hello Cookie don't want to get into any type of argument with you but it is not a question of how may shares you or anyone else owns, I happen to own 3 times what you have in pounds sterling at different prices and I am showing a loss. If you owned just one share it would make no difference to you being entitled to post. The question is it is what you say and how you say it, it just does not sound like a grown up If you have valid feelings or information then we would be delighted to hear from you but you stating the gold price or how many shares that are bought on any particular day or saying 5p IMHO sounds totally stupid I hope you make thousands and use it for whatever you want just please be a bit grown up with your posts

Hello Madsktpan Can I second that regarding Cookie. the comments that he posts make him look like a 2 year old, every time some one farts he thinks the share price is going to spike. It's very embarrassing as constructive comments really help.

Unless there is a delayed sell. This could explode upwards if you look at the whole picture. I hope I am correct in saying that Bill Humphries changed warrants into shares and he and his CEO are over 70 years old. There is a lot of gold there and other metals and once there is a JORC statement then we may be in play to be bought. Lots depends on the future gold price but if they were to go it alone then it would take about 2 years to get a mine up and running etc and would the Directors want to hold on that long or retire. This is not a ramp at all just facts if you look at the past. DYOR

Hello Everyone Firstly, happy and healthy year for all. I don't want to appear rude or start the new year off on a bad note but I have said a few times that Cookie talks out of his rear!! I have never heard someone so childish with his comments and views. We all hope PGD does well as we seem to of all invested here. The only reason we want the share price to go up is so we can get out with as little financial damage as possible. Yes there is potential , Yes there may be a JV but the Company have been awful with their management of the situation. You can't blame them for the shares going up to 70p years ago as this was because of their next door neighbor being bought out at the top of the gold price but everything else has been a nightmare. The only up side is it seems the new CEO has his hand on the tiller. Let's see what happens in the next 6 months. As for Cookie, best ignored as he seems to live on a different planet than the rest of us and keeps stating things that he just cant back up. Enjoy!!

Hi All Barrick are not a MAJOR Shareholder they are a Minority shareholder

Hello Earache Can you confirm that the 7 million shares were warrants conversion not new share options. I am not doubting you I just don't seem to be able to find that information.If it was Warrants it's excellent news Many Thanks.

Looking at newsnow/gold Master Investor claims that PGD could go to about 5p in 2 months. I think that this is a technical analysis and not sure if it holds any water as I'm not sure that I believe in Technical views with Aim stocks however I will be delighted to be proved wrong. This is NOT a ramp DYOR

Yes Cookiecrew I agree and I am hopeful I also think the new CEO is good and determined to get things done on time and on budget but unless there is a very large uplift in the price of gold and a big find as well as my opinion is the same. I am also pleased that when converting dollars in to pounds it will help the profits Please tell me I'm wrong but substantiate why with facts and not HOPE

Just to clarify, the reason for that 70p value some years ago was confirmed by the BOD

The historic peak was because of another company being purchased when the gold price was near $1900. This was also when everyone thought the world was coming to an end. I would love PGD to be worth that but do you honestly think that this valuation will happen. The only way that could happen is if they find another mother load which is possible or they do a JV with a view to sell to that Company. I am not trying to ramp or depress I just want to look at the real picture. If it gets to 10p I think all will be happy, I do hope I am wrong please give your honest assesment

I would agree that there is upside in PGD but the problem with getting the share price up is the number of shares in issue. We all want to see the share in double figures but unless there is some big buy in with a JV and another large resource update which is highly possible how are they going to do the maths

Hi There Italian I really wouldn't listen to anything Cookie says, I have been here for about 6 years and most opinions here are either ramping or rubbish. Antiques of Woodstock does talk sense but even he has been talking about a Management buyout which does not seem to be the case as it seems the BOD now wants to keep us all up to date. The new CEO seems to have his fingers on the pulse and you either trust in him or not. I hope the shares get into the double figures but if the Broker thinks that 3p is the price. I have said before and say again, Cookie you are probably a really good guy but you seem to speak either like a child or the sage of Neasden. Please comment on facts and not fiction, we all want the shares to do well but it is really annoying when some people say 10pl by Xmas. If the Company had spare cash in the next 2 years and did a share buy back that would be the most promising advert as they have issued far too many shares and they need to bring confidence back to the market which is why I think they posted so late last night, The CEO want to stick to his word. Let's hope he does so in the future I can't see it moving much higher unless there is a big find

Hello. Please forgive me if you think I am being rude but what is the point in posting a message which says " Couple of buys showing" are you that bored that you have nothing else to do? I have been looking at your messages for some time now and you seem to sound like a child which I'm sure you not but please can you send messages that may mean something