Member Info for Valuefinder

i've just set up an order to buy £6,500 (54000 shares) at 10.5p. If they want to take it, I am happy to take the shares off them at that price.

i don't think the gap filling works that well in AIM stocks. Sentiment is negative on this at the moment, and unless Sales news comes soon, this could go settle anywhere between 40p and 80p. In my view anyway

Great RNS, one more piece added to the puzzle. Come on Mark, let’s get some good :)

JL - no worries mate, just feel you’re watching his second by second and it will drive you mad and bound to make you negative. I added a few yesterday, and will continue to add if the opportunity arises. I’ve got holdings in companies with not much more opportunity than PAT has, but 3/4 times the market cap. At this price the is is hugely undervalued.

JL - you need to get a rest mate.

Also, your post states “one if the surest way to tank a share is to continue to talk it down”. Were you talking about your egative posts here? Like the “the potential downside is to zero”? I mean, REALLY? Beggars belief how people watch the daily movement which are bound to lead to emotional decisions.

For me, Bhukia would have made this company overnight (won’t happen now), whereas now they have the assets they always had which are worth 28p risked. That’s right, risked, so really this is as far from where it should be it’s crazy. So why not talk about the assets which which are undervalued rather than fretting about Bhukia which is valued at negative value here? I am looking for minimum 150% in the short term here, 5 bagger by year end (from here)

lovely, now a £10m market cap for this. Mad, but there you go. AIM for you. Might add a few today, if they let me buy

RiskisReward - your post re Going Concern shows your lack of understanding anything about finance and accounting, or AIM. Almost all AIM companies have that statement, and it’s standard procedure in preparing financial statements. To bring that out into the forum shows you know little around this area. By all means, feel negative (you have the right to, and these accounts are crap) but pick on things which are actually relevant, rather than pointless statements from the accounts

fair enough JL. Hopefully when you cash in at a decent profit...

JL - it seems like you’ve sold up here...lol.

JL - it sounds like you’ve sold up here. Well done with your re-entry, but you’re barking at the wrong tree...no one here to listen

Makes me laugh seeing some here just plucking numbers out of thin air as their entry/add point. Why not 7p? Or 12.5p? Ridiculous statements

Sherwood - I hope your comment is a joke, because if not then I think you need to pull yourself together.
I can’t believe anyone would think that the prime minister of UK would go to India to talk about little 2 man band companies to the India prime minister. I bloody hope not anyway, and there are bigger fish to fry than PAT. Amazing you think this is even a possibility...

MEM - India is not valued at £0. It is valued at negative value.... I bet you this would shoot up if the BOD said we are going to focus on West Africa only. You can't allocate any value to an asset bought 16 years ago even if it was in a decent country, let alone in India.... £13m market cap is ridiculous. Annoyed with myself for adding a few more yesterday, would have bought a lot more today

Well, I expect nothing else from the most corrupt country in the world. No company should invest in this part of the world, it's just not worth it, and the corruption is beyond belief. Makes me so angry these thieving bas&ards

JL - you’re getting way ahead of yourself there mate. The value will come from Exploration, rather than production. They need exploration results and need them soon/in the short to medium term. Let the big boys worry about production once the drill bit has done it’s job.

Exciting opportunity here!

Bannister - that’s ridiculous thing to say. You clearly only care about yourself making a quick buck while other poor souls may have invested thinks they’ve struck gold, while really it could be nothing like it.

For all newbies - don’t get spiked!

Novice - chill matey. That clearly went over your head ... ;) /s -> SARCASM?

Not ideal for SOLG, we don’t have much copper or gold...;) /s

Silver boy - and your expectation is based on what exactly? Thin air? If I said I expect 10p, I bet you’d say I am a deramper, so what makes your £2 not a ramp?

Well, you boys be pleased you didn’t nip out and into Prem. Because you’d have a lot less funds now.....rainbow chasing is always dangerous.

SP is down on no volume and some pathetic £36 trades. For the love of god, who sells chunks of £36 here? After fees that’s just there is hardly anything left

Elir - what's your view then, in terms of potential here? 16,000 oz (if we use the pretty high grade mined previously - complete assumption for now, could be lower or higher) is not huge, and with a premium they will get enough profit from this, but not the tens of millions first thought? Even at a gross profit of $1,500, that's only £24m (higher premium will increase this) so while it is not to be sniffed at, it is not exactly stellar. Interesting news anyway, and it's good that Alba has other projects in Greenland