Member Info for UpDownFlat

It shows courage to admit you made a mistake.

They are not comming back get over it Lawrence

the delay in the production estimate is actually a good sign. It does show they are taking it seriously.

Just in a good mood because it is not falling

after the three crackpot reasons suggested, I will add a fouth. Maybe someone has seen a volume estimate for 2021.

Does anybody have any idea why this is going up, other then it being undervalued ?

At 4% inflatiion and 2% a Yield we could get to $3000. for a period.
It would be nice.
The cental banks would need to supress the norminal interest rate though.

andykb748, that’s not what I said.

The chart of POG really follows the price of Gold up and down. Unfortunately, due to rising nominal rates POG cannot rely on a rising gold price. I think investors will be lucky if Gold just stays around this level for 24 months.

This company now requires improved efficiency and effectiveness to make progress on its share price. This means professional real management. That’s why I am excited about the new team.

Also I don’t think the Russian justice system is bad. If you believe it is bad you shouldn’t be investing in POG.

Unfortunately Lawrence the moves over the last eighteen months were mostly "inspite of" the aweful management and down to Gold price.

I know it has been a difficult 6 months for POG shareholders, but a change of management needed to happen.

Shareholders would have hammered again under the old regime. We know that from past experience.

Now at least we are shareholders of a company with lots of potential, and a good management team, not to say they will get it right, but it is increasing the odds.

Once we have gone through the truth with Pavel and friends, ...let it be quick.

Normally the good schemes are designed by the big four.

Lawrence, so what this says is the UCG is trying to avoid taxes through a tax scheme. Like Starbucks and Google.

No, you were right the first time, I think Pavels stick-up is a much more accruate description .

Rusty,

Copy and past it paragraph by paragraph into Google translate. It is quite long. It covers several issues.

Everywhere you look on the internet it says Irina Khakamada's son(Danila) linked to embezzlement of millions of dollars from Chinese investors and has a picture of Danila and Pavel.

I think the new management in POG needs to have a clean break with the past. This means that some people will need to leave.

Rusty,
I am concerned about throwing fuel on the fire. You can use translate in one of the more modern browsers.

https://club-tm.ru/news/712039/mnogo-let-predstavlyavshij-millhouse-dgon-mann-perejdet-v-petropavlovsk.html

http://www.moscow-post.su/economics/gde_kotlyarovu_maslovskim_namazano34869/

POG is lucky to have Denis Alexandrov

"As you know I'm a simple soul who always wanted the people that founded POG to remain at the helm"

!!!!!!!!!! Yes Peter, been there done that......... got nuked. So let me suggest what you might perhaps try.