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Will Crypto coins investment take a lot of investment money from Gold stocks, I think so!

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More lawsuits..... This time against Albyn. For information, 990 million rubles is about £10mill.

01/15/2021 // Petropavlovsk intends to collect 990 million rubles from the Albyn mine

The statement of claim was filed with the Arbitration Court of the Amur Region on January 11.

January 15, 2021, NEDRADV. The gold mining company Petropavlovsk Plc has filed a lawsuit against its subsidiary, Albynskiy Rudnik LLC in the Amur Region.

According to a statement registered by the Arbitration Court of the Amur Region on January 11, 2021, the amount of the claims is 990 million rubles. The reason for filing the claim was not disclosed.

Recall that this is not the first claim against the Albyn mine by Petropavlovsk. In November 2020, the subject of the lawsuit was the company's disagreement with the amendments to the subsidiary's charter on the rules for changing the management team.

Surprised to see Polygon increased their short position on 4/1/2021.

Company - Position - Increase - Date
Polygon Global Partners LLP - 4.61% - 0.04% - 4 Jan 2021

rustybucket - "UDF Pavel might disagree, he might say he helped rescue the company. He led a 800% rise from 5p to over 40p ."

Do you think that taking a Company from a share price of £10 into near bankruptcy where shareholders had to save the company via a rights issue and then only see the share price climb to 40p is a track record to be praised or be proud of. We only exist due to the loyal share holders who saved Pavel from bankrupting the company.

Yes you are right, Pavel Maslovskiy’s dodgy dealings for many years has kept investors away. Let us hope that the new BOD’s can gain investors confidence in the coming months, but only time will tell.

I suppose it depends on what financial gain he achieved for POG over the period concerned, but it does seem very excessive as I presume he does get paid well for the job that he does.

Should the share price not rise now that the investigation has started and should stop most of the criminal activity and possible theft of company assets thereby putting POG in a better position with more transparency going forward.

When everyone is telling you it's going up and start putting links to articles saying it's going up, that is the time it generally goes down. As you can see, it's evidence based. :))))))))))))

Indications are pointing towards a drop in the price of gold.

Well the report is out and the share price goes down, what more do we need to know, same old.

Anyone know why we are getting lots of low value Trades ie. 100 share buys, seems odd that anyone would buy shares in 100 blocks.

Petropavlovsk PLC (the "Company"), wishes to notify that IRC Limited ("IRC"), a producer and developer of industrial commodities in which the Company is a significant shareholder (31.1%), has today made an

announcement regarding its Q3 2020 Trading Update.



In particular, the Company wishes to highlight that c.US$8.8 million has been paid during the third quarter of 2020 by IRC to Gazprombank as principal and interest. This is in accordance with the repayment schedule for the facility agreements guaranteed by Petropavlovsk.

A little bit of good news, could this be the turning point?

It will be interesting to see how the half year results are presented, positively or negatively as they are due any day now!

Strukov v Pavel - The battle of the Russian Titans.
Please place your bets on who will win this fight.
Share price is a bargain at this level.

Just another negative thrown in to keep the share price down for someone’s benefit I suspect.

No use trying to understand it as there are always two sides to every story. Maybe in another 12 months we will get to know what really happened.

Strange how short positions are being closed/reduced and the share price is going down. You would expect the opposite would you not?

COMPANY SHORT POSITION DATE
Polygon Global Partners LLP 4.59% 16 Oct 2020
Citadel Europe LLP 0.96% 6 Aug 2020
Polygon Global Partners LLP 4.64% 6 Aug 2020
Citadel Europe LLP 1.02% 4 Aug 2020
Polygon Global Partners LLP 4.92% 4 Aug 2020
Polygon Global Partners LLP 5.50% 29 Jul 2020

Page 3 of 3
Back in 1998, they were buying up department stores and shops, allegedly for the British Tesco chain. However, then all the objects were resold separately, which caused a natural concern of market players. Then they took up the purchase of light industry enterprises. Then, during the PIK era, the same scheme operated in the real estate market.
Now the development of a new industry - the extraction of minerals - is proceeding according to the same scenario. And Sviblov seems to act as a tool and assistant to Konstantin Strukov.
Business under attack
Recently, "clouds have been gathering" over the business of Konstantin Strukov. And supervisory authorities are paying more and more attention to its activities. At the end of September, at the request of the Federal Tax Service, as part of the bankruptcy process in the Kemerovo Region, the funds and property of the businessman himself and Evgenia Kuznetsova, whom market participants call Strukov's daughter, were seized within 1.5 billion rubles. This was reported by Pravda Ural Federal District .
At the same time, the fiscal claims announced billions of dollars in the South Urals, as part of the bankruptcy of the infamous Chelyabinsk Coal Company (PUC), which was lit up in many environmental disasters, which became the hero of numerous environmental catastrophes of regional and global proportions.
In parallel with financial claims, doubts were expressed about the cleanliness of business schemes - a list of multimillion-dollar transactions had already been challenged for the PAM, and in the framework of the proceedings with the Dzerzhinsky Mine, the Federal Tax Service announced probable attempts to alienate property, Kommersant wrote .
In addition, a few days ago, at the Drazhny mine, which is part of the large "family" of UGK, a criminal case is being investigated against the managing director, who is suspected of illegal trafficking in precious metals. This is reported by the website of the Investigative Committee of Russia . The investigation revealed the fact of illegal storage and sale of precious metal in the amount of more than 340 million rubles.
While Strukov is walking on the brink, we recall that in 2007 a criminal case was already "opened" against him on the facts of fraudulent actions by him and other co-owners of Kuzbasspolimetal LLC. Then he left Russia, wrote Regnum .
In this case, Strukov "complained" to the raid, wrote "Ura.ru" . However, given the increased interest of the FAS in the UGK getting into Petropavlovsk, it is possible that the oligarch himself may be accused of this.
Perhaps this time the businessman will not be able to escape punishment so easily?

Page 2 of 3
As a result, Strukov appointed his own people to all the leading positions in Petropavlovsk, including Maxim Meshcheryakov. His name sounded in the reports on the forceful seizure of the Pokrovsky Rudnik office in Moscow. Then, as Amur.info wrote , about 20 aggressive people burst into the room. They provoked a fight, caught employees, threatened with dismissal. A detachment of the police and the National Guard came to the conflict.
On August 24, a letter from the trade union organization Pokrovsky Rudnik OJSC was published , in which workers express fears about the future of the enterprise in connection with, as it seems to them, insufficient qualifications of new directors and personally Maxim Meshcheryakov
Another asset to the piggy bank
Recall that at the end of September Sviblov bought from Roman Abramovich and partners 40.06% of shares of another gold mining holding Highland Gold with assets in the Khabarovsk Territory and Chukotka. Moreover, businessmen from the sale gained 574 million dollars for the asset, wrote RBC .
There were suggestions that this is another investment in the pocket of Konstantin Strukov and that Sviblov could allegedly resell the shares. And thus repeat the scenario with the "conquest" of the Petropavlovsk company, which as a result were consolidated in the structure of the oligarch Konstantin Strukov.
Today, in addition to gold mining assets, Vladislav Sviblov's portfolio includes the Ozernoye polymetallic deposit in Buryatia, where he intends to produce zinc and lead-silver concentrates.
In addition, in May of this year, the Vostok Gold company (99.9% in it belongs to the Cypriot offshore, 0.1% to Vladislav Sviblov) filed a petition with the FAS to acquire the Uryumkan gold miner. Previously, it was owned by the family of Konstantin Strukov, but after miners' strikes and non-payment of wages, the involvement of security officials and authorities at all levels in the problem, the asset had to be sold.
It turns out that Sviblov is now "picking up" what has fallen from Strukov's hands?
Recall that Vladislav Sviblov is known as a native of Rosbuilding, an ex-manager and member of the board of directors of PIK Group, close to the developer Sergei Gordeev. Entrepreneurs became famous for their participation in hostile takeovers, and therefore their appearance in the gold industry raised many questions.

Page 1 of 3
After the tax authorities' claims, the oligarch Konstantin Strukov faced an anti-monopoly check on the purchase of Petropavlovsk's stake.
As the correspondent of The Moscow Post reports , "clouds" over the dollar billionaire, the deputy of the Legislative Assembly of the Chelyabinsk region Konstantin Strukov continue to thicken. Now the FAS is interested in the deal to acquire Yuzhuralzolot (UGK) a stake in the share capital of Petropavlovsk, which took place in February this year. Anti-monopoly officers check the legality of the transaction on the complaint.
Earlier, tax authorities came to Strukov's structures, who presented billions of dollars in debts in the Kemerovo and Chelyabinsk regions. And also the property of the businessman was arrested.
The hour is not even, and the structured scheme of Strukov's work will collapse?
UGK bought out a share in the capital of one of the largest gold mining companies in Russia Petropavlovsk from the structures of businessman Roman Trotsenko in February 2020. Now "Yuzhuralzoloto" (owned by Konstantin Strukov and his family) is the main shareholder of the gold miner with a 24.34% stake.
The press service of UGK assures that the statement is unfounded, and the transaction was previously checked. But, as you know, there is no smoke without fire - as soon as Strukov entered Petropavlovsk, scandals will not let go of the company.
Sviblov put his hand?
In June of this year, there was a corporate conflict. The former head of Petropavlovsk Pavel Maslovsky and a number of top managers close to him were not elected to the board of directors. They were opposed by Yuzhuralzroloto, as well as Everest Alliance, Slevin and Fortiana Holdings.
There were suggestions that Konstantin Strukov, together with businessman Vladislav Sviblov, "conspired" to remove the founder of Petropavlovsk Pavel Maslovsky. In particular, this was indicated by a direct statement addressed to the British mergers and acquisitions committee with a request to investigate Strukov's actions for a possible violation of the rules of M & A transactions.
At that time, Vladislav Sviblov controlled 4.62% of Fortiana Holdings, and then sold most of the stake. In addition, the interests of Everest and Slevin were represented for two years by Nikolai Lyustiger, who was in close contact with Strukov, Interfax wrote . One got the impression that Sviblov played along with Strukov, made some money, and "leaked" the shares ...
It should be noted that Pavel Maslovsky has been running Petropavlovsk since 1994 with a break for 3 years, when he was a senator from the Amur Region. And it seems that comrades Sviblov and Strukov deliberately united with a specific goal - to "squeeze out" the founder?