Member Info for macaumike

2nd drilling rig on site in West Kenya.

whatever happens to the POG SILVER will do well as there will be a large shortage for industrial use. The dipping price of FRES is a great op to BUY and I am adding a bit each day as the price continues to drop. Sitting n a tidy loss but this does not bother me as the future looks very bright.

The problem if there is one with the sale of Kili is that the purchasers have a shady past. So lets hope they can raise the 4M?

Given the difficult year due to Covid and war with Armenia this was an excellent set of figures and better than I expected.

I am confused by the share consolidation and the idea that the Special Dividend will result in a fall in the share price as it is a dividend. does it mean we will receive a nice cash bonus but the value of our holding will fall? What is the point?

No rationale. We need the ramp up in expected Silver price this year - so sit tight do not panic and all will be well. Alternatively BUY on the dips? I am.

Making nice progress and positive so far.

Simple RNS but all areas progressing positively? Happy.

Well you are right about one thing the POG is being manilpulated by JP Morgan and the Fed. The problem is there is not enough physical gold to cover the huge number of paper contracts. So at some time the dam will break. Just my opinion of course.

Anyone know anything about the above company which seems to have the same owners. It has been hard tpo BUY ALTN in any quantity recently so something is going on possibly to do with US listing?

We have had a couple of great days and today on the back of a dipping POG we have dropped a bit as have most of the precious metal miners. Caused by US market and Trumpism etc. Nothing to worry about in my opinion the market always moves up and down and presents opportunities?

If Democrats win the final Georgia Senate seat then the answer is yes.

And we should also start to take into consideration DIVIDEND payments which will include the Special? Any ideas anyone on how this will effect the SP?

Looks like they have made a start lets hope it all ends up more transparent and kosher?

Thanks.

My New Years suggestion is SELL and take your loss. 12 years is a terribly long time to feel disgruntled?

Yeh poor show and I waited up late silly me?

Hi Flagstaff - do you have any idea where the promised recording is? I cannot locate it.

msirius. It means the company has the authority to buy back up to 10% of the company shares 16m+ shares and cancel them. In effect reducing the number of issued shares by up to 10%. Thus increasing your % holding of the company. This is quite a common procedure and nothing to worry about generally.

why anyone is wanting to sell at this time as the good news likely all ahead? Unless of course you are happy with your profit at this point in time. Also the BUYBACK will be a good time to sell?