Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
He has proven track record shows that he lies and then blame others and natural disaster all the time other than his own incompetent. We can't get rid of him because now he wears 2 hats as the Company chairman and the CEO. He waits for Gold price to hike before drop any bombshell. Most of the long term investors here are still playing catch up.
Https://www.thepebblegroup.com/investors/major-shareholders/
No wonder there is thin trading here.
Below are the Shareholders own over 3% below:
Shareholder # of shares % S/O
Liontrust Asset Management plc 34,182,771 20.4%
BlackRock Investment Management (UK) Limited 22,605,384 13.5%
Fidelity Investments International 14,937,106 8.9%
River and Mercantile Asset Management 10,281,070 6.1%
Amati Global Investors 8,157,623 4.9%
Otus Capital Management 7,177,187 4.3%
Chelverton Asset Management 6,750,000 4.0%
Aegon Asset Management UK 6,680,554 4.0%
Janus Henderson Investors 6,455,604 3.9%
Christopher Lee 6,091,515 3.6%
Jupiter Asset Management 5,519,800 3.3%
Columbia Threadneedle Investments 5,295,335 3.2%
This information was last updated on 27 November 2023.
The other one that’s insanely cheap is Hummingbird (OTCPK:HUMRF). Nobody wants to own this stock. They're ramping up their second mine. They're going to - next year they're going to be a 200,000 ounce producer generating a lot of free cash flow and they're valued under $100 million.
I've been waiting for their Board just to throw in the towel and say, look, nobody's going to buy our stock. Let's just give it to somebody else because it's just, it's basically a 25 bagger.
If you value companies the way that I do, if you have a 200,000 ounce producer with really solid margins, let's say they're all in as $1,500. So that's basically $1,500 at $3,000 gold, $1,500 per ounce, 1,500 times 200,000 I think it’s $300 million. So if you just give it a five multiple, that's $1.5 billion. So that’s with the five multiple. So if you get it 10 multiple, it's $3 billion.
And they're valued under 100 million. So if gold goes to 3,000 the leverage on Hummingbird is just insane.
But usually when you see - now Avino, I don't think Avino will get taken out. I don't think that company - they've been around for a long time. I think they're going to stick around. I'll be very disappointed if they sell because they know what they have.
But Hummingbird, I think Hummingbird will probably get taken out. It's just - companies are just, they just never perform like this, but I have my fingers crossed they don't, but it - one thing about Hummingbird that kind of blows my mind is, they don't support the North American market.
They're on the London Exchange and they trade in the Pinks in the US and they're a mid-tier producer. And they don't trade in Canada. And I've told them, come on man, you need to trade either QB or QX.
I'm going to send them an email today. I'm going to send a link to this. I'm going to send them a link to this and say, listen to this podcast, what I said about you guys, about how cheap you are and how you're going to throw in the towel and your Board is going to throw in the towel because -- and come on, support the North American market. This is ridiculous.
To be QX on the OTC is hardly any money at all. All you have to do is send in your financials to the SEC. It's ridiculous that they don't support it.
Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.
Https://news.sky.com/story/barclays-in-talks-to-buy-3bn-metro-bank-mortgage-book-13017468
Market dictate this share price. It is inevitable the share dilution passed on the share price. It could go even down before it pick up. Hopefully some good news in future to add to this debt consolidation may help to improve the market capital.
Air Canada sued over $20m gold and cash heist
https://www.bbc.co.uk/news/world-us-canada-67097117
Helium One Global (AIM: HE1), the primary helium explorer in Tanzania today announces that Ian Stalker (72) has decided to step down from his position as Non-Executive Chairman after five years in the post to reduce the number of his non-executive roles.
He was the then CEO of Pasofino feasability studies.
https://www.youtube.com/watch?v=9JnweNxzKvw
Thank you Lucky. How did I miss this?
I had been holding HUM since its initial acquisition of Liberia and I can see he is been honest about him and the company.
As some of us are long term investors here were rightly very critical of him and his way of operations which he admitted here had improved.
I think he is now well matured to see it through. GLA
Https://citywire.com/funds-insider/news/friday-papers-odey-asset-management-to-split-over-sex-claims/a2419542
The hedge fund set up by Crispin Odey is breaking itself up after it was left stricken by the fallout from sexual misconduct allegations against its founder.
Here is the link below:
https://www.shantagold.com/investors/stock-share-information/