Member Info for jotom750

It might be educational and useful if others added their choice of gold miners (in a similar format) so that they can also be compared.

GLASH

This is why I am holding for now:

DPM Metals

Share price (US$): 33.71

Shares in issue: 236M

Production Oz 2025: 200k

Total earnings: 940M

Earnings / shares: 3.98

Multiple to 1: 8.46

Poly (solidcore)

Share price (US$): 8.4

Shares in issue: 443M

Production Oz 2025: 500k

Total earnings: 2350M

Earnings / shares: 5.30

Multiple to 1: 1.58

Lundin Gold

Share price (US$): 67.8

Shares in issue: 242M

Production Oz 2025: 500k

Total earnings: 2350M

Earnings / shares: 9.71

Multiple to 1: 6.98

These 3 companies seem to be fairly similar, you can see that the price/earnings multiples are between 7 and 8.4 for two of them, and only 1.6 for Poly.

This to me (unless I am mistaken) seems to offer some upside potential.

I am not a not a financial proffesional and everyone should do what they think best.

As always DYOR.

Remember the gold price estimate was $2500 (I'm not aware that it was changed) per Oz, it's still over $4500 so that in itself is another 80% uplift. I am yet to understand why they would have taken out loan options, after all, it would only keep the price low due to uncertainty.

GLASH

Dan.

"Article 1 states that everyone is entitled to the peaceful enjoyment of their possessions."

Dan, you seem very confused.

Why were sanctions imposed?

Was the U.K. the only country to do so?

Who started all this by invading a soverign country, killing hundreds of thousands of people on both sides and distroying peoples lives. Were/are they not entitled to peaceful enjoyment of their possesions as per article 1?

Maybe you should put the cart after the horse and aportion blame in the right place.

GLASH.

Tr1ck.

Can you buy Core/Polymetal shares through your Freedom account?

Thanks.

Tr1ck

Thanks for the rundown, it does seem at odds with what some have said about opening an account with "Freedon", maybe they have listened to the negative feedback.

Is one able to buy Poly stock via Freedom, or are they another "sell only" broker?

GLASH.

Yoy.

Speaking personally Interactive Investor booted all it's Polymetal holders off their system at the start of sanctions, (I now hold certificates). I'm told that HL holders as well as them being safely "frozen" within their accounts at the moment, can if they wish instruct to take them out (losing tax protection in the process) and transfer them to another account, for example Woods and Co. etc.

As with all these things, I'm not an investment pro, so please do your own due diligence to be sure.

I don't know about other companies policies regarding this.

GLASH.

Very true, they seem to want to drop the price for some reason, I'm unsure why as most UK holders are locked in. I find it interesting that ney never come up with objective information, it's just "opinions" time after time. Nothing at all to back them up, just throwing shade at others. Sad people. You know who they are I'm sure.

I can see that with such a very low number of liquid shares, building a meaningful position here is difficult. So, we've had endless mud thrown at the management, (though in my view they have made mistakes) then they try to control the board and make it unusable for anything other that their F.U.D.

As always.

GLASH.

Ah, another newbie on the board pushing the same FUD and lies. Where are your "mates" alter ego's shaz and selevi? Still no negative facts from them or you for that matter.

Everything in your post has been said ad nauseam, you clearly want to keep the fearmongering going. Tell us all, (as I have done if you look) what's your holding in Poly? I don't have any details, but are you afraid that the results are going to be good this report?

GLASH

Interesting.

https://www.youtube.com/watch?v=fM2Pdfmu4fE

How does this company "Allied Gold Corporation" compare to Poly?

GLASH

The bashing continues..... I would assume from your frenzied postings that the figures are likely to be good, fingers crossed..

"Posted on another forum, "

What forum? Post a link, it is possible after all.

You seem unknowing (as you're clearly not British) that having the shares locked in an ISA though very very inconvenient if one needs the proceeds, is protecting the holder from any tax exposure. So with a price rise from say $3 (if they were booted out of the ISA as mine were with Interactive Investor) to $7.5 (at present price) that $4.5 is going to be taxed (after one's capital gains allowance) at rates up to 24%. Speaking personally I wish that mine were still in the ISA.

The buyback, was in my view a bad move, people owned those shares and it was wrong to force their sale, let alone at anything less than market price. Just as Evraz assets have been taken from shareholders, I see this as no different and a sad event.

I would really like to see us on a more liquid exchange (as the mapulation on this one is cronic), freeing up all holders (real holders that is) to buy or sell stock at a time and in a way that suits them, my only solace is that we still have something and that the price and prospects for the company are improving. I see no reason why a 53% uplift as BCC Invest projects will not happen. Do you have any information to the contrary? We would all love to see it I'm sure. There is a risk that still having some business dealings with russia will cause the company harm, I would assume that this is priced in at the moment, any further risk I'd say is potentially mitigated by the large holdings of the major shareholders. (Though I could be wrong as the money men always seem to come out on top in these things).

PS. How are your buddies selevi and precious doing? Still no hard data from there I see.

GLA real SH 

Has anyone else ever noticed that the basher shaz/selevi is never around when the share price is doing well?

Also they never come by to unload to us, all their massive objective quantified knowledge of the stock and company. I wonder why?

I'm not sure why anyone would think I have a position in the company as I'm just a simple shareholder who does not favour bashers and their negative impact on my children's university funds. Anybody who projects this falsehood must have tRump derangement syndrome, thinking that the more one repeats a lie the more it becomes reality. Sad people, they live in never never land.....

Fingers crossed for the year end figures, I wonder how much of that gold they have sold?

GLASH.

Shaz.

I do not agree with everything that the board is doing, though I am not in possession of all their information, just as most here are not. One thing I do know though is that my holding in POG is worth nothing due to management inabilities in a similar situation, and our little Poly though depressed and battered is not. I've seen other companies, some mega sized, Nortel Networks and Hewlett Packard for example, go to nothing for reasons simpler than those Poly has weathered. You call the COO a dead weight, really, on what basis? where is Evraz at the moment?

As I said, and I will stress that I may not agree with everything the board seems to do, BUT we still have a large part of the company that was Polymetal, after what for many companies would have been death (using Evraz and Pog as examples).

The shares, even against some very focused bashing from quite new posters it seems, have reached something of a stable level, on most logical metrics in my view they should stay there for now. I hope that after catching it's breath it will step up to it's next one. These are very difficult times for all. Unless you're flogging AI pipe dreams, or weapons it seems.

As with much of what is posted here you have an axe to grind, I see very little reality or truth in it though, maybe you're upset in some way. If you can show some objective information like I try do, to support your case, I'll be happy to change my mind, otherwise it's just more words to scare other shareholders.

I fully expect there will follow another flood of verbiage from the bashers, all subjective, without any/much form of evidence to support it and with one goal only, knock down anyone who puts a realistic view of this company forward and by that and other actions lower the stock price. They have one goal F.U.D. it's easy to see, because they are so inept at it.

So, having said all that what do you think the results will come in at? After all, you're knocking the management, so you must have a figure in mind, otherwise, how can you knock them? Please tell us all. maybe the expert selevi could do the same?

GLASH

Ahh! another post of pure subjective waffle and F.U.D. simply to try to bash the stock. Tell us all what your holding is.

Stop with the lies and show some figures.

Stop with the lies and show some figures.

Stop with the lies and show some figures.

As always.

GLASH

"from BCG matrix, Who Owns Solidcore Resources Company? (Read more at: https://matrixbcg.com/blogs/owners/solidcore-resources)"

From BCG Matrix"As of October 15, 2024, Solidcore Resources' largest shareholder is Maaden International Investment SPC, an Omani state-owned entity, holding a direct 29.7% interest. This significant stake was acquired from ICT group in January 2024. The company's free float, representing shares not held by Maaden, management, or directors, stood at 69.6% on the same date. Within this free float, BlackRock Inc. was identified as the largest shareholder with a 7.45% stake as of March 11, 2024. The company has secured $13.2 million in funding from a diverse group of investors, including Mercury Investment, BlackRock, Otkritie Bank, Sumeru Gold B.V., and VTB Capital. Solidcore Resources is now listed on the Astana International Exchange (AIX) under the ticker CORE, having been delisted from the Moscow Exchange (MOEX) effective October 15, 2024. This strategic repositioning emphasizes Central Asian assets and aims to attract investment from the Gulf region, with plans to invest over $1 billion in projects like Irtysh MMC over the next five years, projecting an increase in gold equivalent production to 510 thousand ounces in 2029 from 475 thousand ounces in 2024. Understanding these shifts is crucial for grasping the current Mission, Vision & Core Values of Solidcore Resources".

It seems that some of these projected production figures may be out of date. I assume that 30% holding is the maximum that can be held before an offer has to be made. Though could be wrong.

GLASH

PS.

I suppose there is one potential reason for the resistance to any more liquid listing and that is the present requirement to send ore to russia for processing.

You have to hand it to the brokers manipulating this stock, (and those allowing it to happen). Gold sinks 5% shares drop 8% (even though this new gold price still translates to a massive uplift in potential profits). Gold then rises back 3% and the shares tread water, or even go down further, presently there is an eight cent Buy sell spread!!! Utterly ludicrous.

Posters (they know who they are) and all their mates (still no objective information from any of them by the way, and all non holders I would imagine) continue to bash the stock as an aid to the manipulation.

This stock needs to be on a more liquid exchange, and open to a wider number of potential buyers, until that happens the price will in no way reflect the company's' true (much higher) value in my view. It will be, until then the plaything of those able to buy and sell stock at a whim and to their own ends.

I still think that before 2028 and any liquid listing or dividend payments occur, there will be a buyout offer, this will be a fait accompli in my view as those manipulators would by then have amassed enough stock to make it a foregone event. It will still be at a higher price than now's but it will not reflect true company value. This is the only reasoning I can see for the actions taking place.

As always.

GLASH.

Ahh, selvie the basher...Not basher. All aimed at creating F.U.D. and getting people to sell.

Did you miss out bud? Seems that you did and are trying to get in on the cheap. Well, stop with the lies and wafell and show some figures. If you can that is.

Stop with the lies and show some figures.

Stop with the lies and show some figures.

Stop with the lies and show some figures.

As always.

GLASH

My take is this.

Please correct any figures that are wrong, but do show evidence for that. It would be good to have a simple breakdown.

The company has based it's profit projections, if I remember correctly, on a gold price of $2500 per oz. Gold price has had a knock back from the highs of last week, it presently stands at about $4900 but as we have seen, it is very very volatile. 

So, assuming it fell back to $3500 that is still a $1000 per oz bonus above the figure being used in company estimations. 

(One will have to judge for oneself if this is reasonable or not).

If an average production between last years 395 K oz production and the expected  2026 projection of 540 K oz, is used, this translates to 467.5 K oz, and would give an uplift of $467.5 Million if those price, production volumes and differentials were held. If gold moved lower, that would remove some of that potential gain. If it went higher (or stayed around that +$1000/Oz level and the projected 540K oz target were met, it could considerably add to that. That is if the original $2500/oz gold price is still being used as a baseline. This as far as I can see, does not affect any gains envisaged from the selling of the presently held extra stock of unsold concentrate above the base estimated price ($2500 if correct) or normal projected company profit levels.

For me at least, this is a "Goldilocks" stock, if, if and if.

"If" the POX is ready in 2028 and "if" a liquid exchange listing takes place and "if" dividends start in 2028 the price will go up, not much doubt in my mind about that, (IF ALL OTHER THINGS WERE TO REMAIN THE SAME AND CONSTANT THAT IS), to a figure more matching it's peers. I welcome someone else doing a comparison with a similar company, (please work out what you think what that company may be yourself and post the results). Please be kind!

For many though, this is all a bit academic because they cannot sell or buy stock, being locked into ISA's Pensions and untouchable accounts. But on the upside, that could well save CGT exposure if things were to go well!

As I said at the beginning, please correct where these figures may be wrong, and show the reasoning. I hope that this helps our merry band of

"hostages to fortune".. (I have share certs so am not, with regard to selling at least).

I am NOT an investment professional, this is in some ways a risky stock to hold, we all probably know that by now.

May the war end quickly and people be able to live their lives freely again.

GLASH. 

Selevi.

"The SP is looking tippy now so maybe it'll fall back to a sensible price with AU falling. Anyone buying now is taking a huge risk, time to buy was sub 400 cents".

So in fact, you're bashing the stock. Odd as you also blame others for doing that.

If you would like to post some actual objective figures based on company production performance, reasonable projections for next year and potential gold price, than i'll take you much more seriously.

As always.

GLASH