Member Info for madsktpan

not a peep........... must be too busy making something happen in Uruguay (after 2 years).

seem to be their preferred day 2 update. Maybe 2moro then?

yet again - PGD continues to flounder. Not had a single blue day ending for past 6 weeks. Been constant small sell trades to manufacture price south (??). Maybe there is another effing share dilution coming. Unbelievable.

is a pathetic £24 million. Yet if they achieve the production they confidently predict just in the last months of 2017 then they shouldn't be that far short of £24 million in revenues. I suspect this sp is being manipulated. Easy done on AIM. Just the reason behind it isn't easy to understand.

here. YET AGAIN.

News due soon imho. All good. Lots going on. Watch this space. LOL.

All good. Lots going on. President Mauricio Macri is struggling not just to fix South America's second-largest market, but to salvage his career as well. In October, voters head to the polls for midterm elections, where a third of the Senate and around half the seats in the lower house of congress are in play. Macri isn't on the ballot, but the contest has been billed as a referendum on his government and a prelude to the 2019 presidential race, and there's little wonder why: Inflation is running above 20 percent, economic growth is underwhelming, and three in 10 urban households are living in poverty. If early polls are any guide, trouble lies ahead for Macri. Argentines appear to be souring on the wave of market-minded reforms that he has sponsored and which have yet to deliver prosperity.

As I've posted before - I am not a holder of this stock. Just interested in this saga to see if it's a potential future investment for me. Maybe that makes me a tad more objective? You might call it me being critical? Critical analysis is better than being happy to hear only what you want to hear. One minute you are told there isn't time. Yet how long have they knowingly had to fundraise at some stage? Many months. If me pointing out the obvious misleading & contradictory comments made by Ragdoll........ then guilty as charged. I see Cookie is about. Ticks up. About his level of intelligence.

make yer mind up pal. One minute you say it's because of legal restrictions (see c&p below from your report after meeting). NOW it's all about timing!!! Now isn't the lack of time convenient? Like I say, easy way to legally shaft the small time PI. "HE REPLIED WHEN A SHARE IS SUSPENDED it is illegal to offer a new share offering under some leagle term I noticed the legal people nodded in approval".

That's my understanding too. ie no legal restriction. Just timing & practicalities & expense of making the offer open to PIs. Still believe the price has been set for the Placement.

On one hand they appear to be saying PIs can't participate and on the other just phone up the House Broker for a quote. Sorry, but it doesn't altogether quite square. "HE REPLIED WHEN A SHARE IS SUSPENDED it is illegal to offer a new share offering under some leagle term I noticed the legal people nodded in approval".

you can bet your bottom dollar that it'll be HUGELY attractive to those participating. In fact it might be 1p. Typical AIM con job. Pis get shafted.

the question wasn't asked at the GM = what are the new shares being offered at in respect of the £5m fundraising Placement? They must either know or have a fair idea if they expect to have it concluded by end of August. My bet is 3p.

LOL

There's not going to be any fundraising. Not for foreseeable future at any rate. Funds from COSE disposal & pending production should see to that. This is an AIM stock. Not a FTSE 250 stock. Fundamentals (and gold price) are irrelevant to any PGD sp movement. North or South. All that matters to the MMs is stock buys or sell trades. Excepting the obvious that impressive fundamentals and gold price can attract buyers of PGD stock. Hopefully.

More sellers than buyers of the stock. Simple as. Until that dynamic changes...............

IF PGD are producing gold in any quantity at the mo - there should be a healthy margin to be had. IF.

Morning Ajinbali & thanks for the info/link. As I understand it - PGD have only said previously that they will publish future production forecasts once they are in a position to access the first months actual production results. We still don't know for sure if 1) commissioning has been fully completed, satisfactorily and 2) if the first pour has taken place. Together they arguably amount to a sp changing scenario. Maybe. Maybe not. This is PGD after all. Gold booming back. PGD 5p by tomorrow. "Watch this space". "News due soon imho". LMAO.

If the Co is aware of any privileged material info that could reasonably be seen to have an impact on the sp, then they have a statutory obligation under AIM rules & regs to put that info out into the public domain in a timely manner. To avoid any accusation of insider trading, if nothing else. Does commissioning successfully completed and a 1st gold pour come into that category? For me, it does.

............ had it not been for Carlos M and his deep pocket this Company be no longer trading today.