Petropavlovsk Share Discussion Threads

[shaf200] 24/1/2017 10:30

Is this the calm before the storm??

[grbaker] 23/1/2017 11:57

Interesting article IMHO.

[togglebrush] 20/1/2017 13:01

LAST YEAR ___________Q4 Update 25 January 2016

[wallywoo] 20/1/2017 11:21

Q4 results and 2017 production guidelines must only be days away now. That should make interesting reading especially the guidelines, IMO

[stoopid] 20/1/2017 10:34

Going no where atm. Very low volumes moving the SP, appears to be no interest from anywhere.

[wallywoo] 18/1/2017 08:38

lol, no pop. Just a shareholder with a fair few shares. I see the frustration and emotional comments on here and try to give balance. The facts are:

1) This share has an up trend since Feb 15.

2) Is deeply under valued compared to its peers

It does not move every time GP goes up, but that is fine by me (it is not currently a beta stock). That will change

[popeye888] 17/1/2017 18:05

wallywoo, I get the impression that you get paid to post on here?

[wallywoo] 17/1/2017 11:54

I know Dean, POG is frustrating. Though will that be the case after the year update in a week or 2. Reading between the lines the reasons for the sluggish share price performance is:

1) Historical Grow to fast / Cash crisis
2) Low grade Ore

I think POG are preparing for 2017 to be a bumper year to process lots of high grade ore and generate a shed load of cash. The market will take its time to agree or not.

[deanroberthunt] 17/1/2017 08:14

gold $1215 POG 7p

[midasx] 16/1/2017 23:05

Monday, 16 January 2017 – Hong Kong: IRC Limited (Stock Code 1029) advises that the 2016
Fourth Quarter Trading Update will be released on this Thursday, 19 January 2017 before the Hong
Kong Exchange opens.
A teleconference call will be held the same day at 14h00 Hong Kong time:
Access Number [phone]
Participant PIN Code 3609619#
Presentation slides to accompany the teleconference may be downloaded in advance at
hxxp://ircgroup.com.hk/html/ir_presentations.php
On Friday, 20 January 2017 a playback will be made available at ircgroup.com.hk

[popeye888] 16/1/2017 19:38

lankn73, I'm not so sure. Now Trump is in charge and sanctions start to be lifted the Russian currency will strengthen resulting in higher cost for POG to operate which in turn can only put the share price under even more pressure. I suspect someone will make an absolute fortune from this company going bankrupt. If you look at the point this share price started to go down, you will notice it coincided with the Russian presidential visit. I wonder if someone seen something they decided to have. But I don't suppose Russian politicians would get involved in such shenanigans.

[iankn73] 16/1/2017 18:58

I'm sure this will come good someday. That is why I'm happy to accumulate at these prices in the meantime. As I feel there is limited downside at these prices.

good luck all

[popeye888] 16/1/2017 16:57

of all my gold mining shares only one is down today surprise, surprise, yes it's this one again.

[deanroberthunt] 16/1/2017 07:10

Gold $1210 pod 7p

[popeye888] 15/1/2017 21:40

If Trump get friendly with Russia, currency gets stronger, costs go up, share price goes down.

[juju44] 15/1/2017 20:35

vast majority of consolidations lead to lower worth before long

[shaf200] 15/1/2017 18:50

Good point... I have wondered why they haven't done 1 for 10 consolidation... although I do like the fact that have 200K shares in a company!

[stoopid] 13/1/2017 11:48

Another problem here is it would seem that currently, apart from what we know about there are no big investor's willing or wanting to put money in. Also with the share price in the pennies and in the doldrums no big fund will even be looking at picking up a stake as it will be off most funds radars. That's why I think there may be a consolidation sooner rather than later.....

[stoopid] 12/1/2017 13:27

GRB, producing more Oz would obviously help as well, that's why an update on the underground mining and it's progress is needed soon. Higher grades leads to reduced costs and inreased oz.Before all this started POG were producing approx 800k Oz a year and we're looking to be a 1m Oz producer. Now POG produce 500k - 600k ish Oz per year a 25% fall.No Oz from POX until 2019. Quite a way to go as yet.

[wallywoo] 12/1/2017 13:11

IRC have an update tomorrow. POG in a couple of weeks. They hopefully will both be very bullish

[galeforce1] 12/1/2017 12:35

Stocks are often at their most-hated not long before they turn.

That was one reason for me buying into POG in the second half of last year (that POG investors seemed so totally demoralised).

It hasn't worked out yet, unfortunately. I mainly funded shares in POG by selling shares in HGM. HGM has continued on up and POG has gone nowhere.

But the fundamentals are definitely improving at POG and at IRC. There's a good chance things will come right here, it just may take some time!

[deanroberthunt] 12/1/2017 11:52

is there any point this being listed ????

[celeritas] 12/1/2017 11:23

irc have been doing well of late, looking to be a good asset now.


Jay Hambro, Non-Executive Chairman of IRC said, “I am delighted that IRC enters 2017
in such a positive situation. After a tough period due to construction delays and depressed markets for iron ore, the stars are now all aligned for a period of consistent growth to move into profitable production. K&S is a game changer and will bring a substantial revenue stream to IRC as it comes on song in 2017.
The impact of a supportive new shareholder together with positive banking and contractor relationships should also yield significant benefits for IRC’s stakeholders.”

[wallywoo] 12/1/2017 11:16

shaf. Its all historic IMO, but people keep banging on about it for some reason.

POG own around 33% of IRC and act as guarantee for their debt (around $250M I think). However, IRC now generating good cashflow and their share price has made v good progress. So I don't see the problem (surely it would be their share price that would be low if IRC were in trouble!!)