Member Info for MaxHSpringer

Sarah- the mine has 1/3 more tonnage than thought as far as it reads and as such is very good news!

Well the good thing is the rocks contain what was thought to be there and this is a very good result!

I've said it - sell or sub lease with a royalty and let someone else do the digging!
Get rid of RHA so GR has finally clocked on and shareholders including himself are down.

Buy when the price is on the floor and just see it rise

People .moaning that they are xx down but are the people who buy when everyone else has already bought t lower prices

I've been saying this for years! GR finally sees the light and taking corrective action.
Spin off or sale of Zimbobowe assets- fantastic! Company will find projects in more stable countites-- BRING IT ON!

Circum is one of several rns that should be landing.
I think we are due an rns imminently due to GR doing interview!

Well folks, people are trying to bash us, but I think there will be an rns by some point in Friday. Hopefully the next RNs will help things turn around and head back up

It wasn't fantastic, but th3 whole market was down today-

Sorry didn't mean to submit twice

Mol- one thing that PREM does have is assets it could and I say sell to find the development of the others.

The assets are worth more than the Mcap and some are very close to production.
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Upon EPO I would vote to sell Zulu with future royalties and develop the other assets. But that's just me!

Mol- one thing that PREM does have is assets it could and I say sell to find the development of the others.

The assets are worth more than the Mcap and some are very close to production.
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Upon EPO I would vote to sell Zulu with future royalties and develop the other assets. But that's just me!

I don't believe in 1 codes- I don't see why mm's would give people a heads up! Surely they have mobiles and email- don't they?

Anyway- the chum seems to be about done and the mm's have taken bid down to .0413 for last 30mins and ask stayed the same. So, we might have a bounce tomorrow or hopefully an rns that will help things along!

Anything under .05p should do very well - depending on news as this is now news driven and there is plenty of news that we are waiting for.

Spread has gotten very narrow and I think we will see a reversal.

It looks like those who were going to sell (as far as PI's_ at this level are done

MickR- I think we are atthat point, and it would be good if Danatel took over.

What we may need to do is take action and get 5%+ investors to sign a letter asking for his resignation.

This is what the shareholders at VAL did and look what happened there! So, I would not be oppossed and it seems that there might be some changes on the BOD.

IMO

Charlie- I hope that by averaging down you have accrued a significant holding.
It has been a dificult road for #PREM holders over the last four years (especially).
However, the business is a finally at a point where the assets are about to start returning and the earning for the business.
I think that the diversification of the assets into other countries such as Mozambique is a huge positive and it seems like the gold mine is a turn key operation.
Prem has no debt and no headroom for GR to further dilute.
Some money in the bank and interested parties wanting to partner up with PREM, especially once the EPO is out for Zulu!
I personally would look for a sle of Zulu with royalty attached but either way the business now for the first time has options, that simply were no where year ago.
The share price is at the bottom and now is the time to buy, not when share prices are topping out!
Look at GGP, those who bought when it was a toss up and the business was not able to do anything, yet people took the punt at the bottom and have done very well!
There is no reason for PREM to do the same and if we need to, we should look at getting a group with 5% or more of shareholders and get rid of GR if needed.
At this point we are in a really good position with a very cheap share price, so imo it's about buying low and selling high! GLA

GR is awfully qyiet- could he be on his way out? Forced out by the BOD?

Same game as yesterday- scare the punters and then a rise towards the end!

On this day, that is a success!

Its like someone who buys a large plot of land and then has the possibility of getting the adjacent land for real cheap.
Then that person gets the surveys for part of the land and then gets planning permission to build a large development.
However, the problem is, you do not have the money to put in the infrastructure not to mention build the houses, but you have a builder lined up to partner (if you get the whole planning permission).
Now, if you get the planning permission you still won't see money for a while. But what if the builder says they'll buy the land with planning permission and give you. Commission or royalty as they sell houses.
So, imo if this is so huge and you can get 15% of the total ultimate value upfront and Invest that money wisely- you will probably make more money!

Same situation as someone winning the lottery- take the money over 20 years (or 30 what ever it is) or take the smaller amount now and invest it wisely? Hmmm

Charlie- I am thinking along those lines. The rns on the 22nd stated that the shares would hit the market on the 28th or there abouts, but no news! So either the shares hit nd the shares have been forward sold or the shares do not hit and the forward sellers will have to do something to mitigate their losses.