The Mission Share Discussion Threads

[giant steps] 09/1/2008 20:02

Pamodzi Gold : Closing price Wed 09 Jan ZAR 12.75, volume 7K / 7 trades

[giant steps] 09/1/2008 08:25

Pamodzi Gold : Closing price Tue 08 Jan ZAR 12.90, volume 5K / 6 trades

[giant steps] 08/1/2008 22:14

If PSGM performs well then that 'should' be good news for Pamodzi,
in turn this 'should' be good news for thistle mining shareholders

[tim00] 08/1/2008 20:18

...and it continues to rise!

[giant steps] 08/1/2008 08:48

pog $874.00/oz, usdzar 6.87, zarusgold 6,004

[katsy] 08/1/2008 08:42

ZARUS now over 6000. gold touched $875/oz

[giant steps] 07/1/2008 19:56

7th Jan 2008



Pamodzi Gold (PZG SJ, R13.00) is ranked "outperform", despite negatives from its hedge book and capital raising. The company's asset portfolio contains a mixture of production ounces, near-production ounces and blue sky potential. The company aims to be a 1m ounce a year producer within three years. In order to fund its Orkney and President Steyn acquisitions, the company is to issue some 36m shares to raise R500m.

[giant steps] 07/1/2008 19:41

Pamodzi Gold : Closing price Mon 07 Jan ZAR 12.98, volume 7K / 3 trades

[giant steps] 04/1/2008 20:43

Pamodzi Gold : Closing price Fri 04 Jan ZAR 12.75

[bbbb] 04/1/2008 16:54

gs: because the psgm deal is not yet finalised, much of
the 'meat' of it may be left on the bones for the new boys
(like the deferred production from the loss of power and hoisting
and processing plant capacity).

or stripped off. who knows?

[giant steps] 04/1/2008 13:20

Prosperous New Year Greetings bbbb.

You may recall that PSGM deal is not yet finalised.
In the meantime, cashflows and debt seem obvious imo.

[bbbb] 04/1/2008 13:12

Giant Steps - 3 Jan'08 - 14:53 - 1139 of 1141


'Healthy cashflows should be paying down debt very quickly.'

whose cashflows? whose debt?

thistle's 'cashlow' may be limited to new diluting paper, not money.

thistle's debt will continue to compound. if that continues to exceed
any notional paper 'gains' it will again be a question of time
before the controlling shareholders have maximised their take and
extract what's left.

[giant steps] 04/1/2008 08:19

Pamodzi Gold : Closing price Thu 03 Jan ZAR 13.00

[simontemplar] 03/1/2008 15:01

Incredible to think that Pre consolidation Thistle's market cap was more than the whole of Pamodzi's and at a time when commodities had only just come out of multi year doldrums. Now look with Gold pushing $900. It's a strange old game!

[giant steps] 03/1/2008 14:53

Healthy cashflows should be paying down debt very quickly.

[p@] 03/1/2008 12:38

Hope it is off ,but I don't think PAM will let us get away.

[giant steps] 03/1/2008 12:33

p@ - may be some interesting adjustments, perhaps the deal will be off !

[p@] 03/1/2008 12:19

GS-With POG going up like a rocket I think we will be stitched up by the end of the month definately!! What we will end up with I am not sure.

[giant steps] 03/1/2008 11:48

pog $867.50/oz, usdzar 6.85, zarusgold 5,942

Recall 13 Dec 2007

Update on the sale of PSGM

Assuming the shareholders of Pamodzi approve the Sale Transaction and all other
conditions to completion are satisfied or waived, Thistle now expects that the
Sale Transaction will be completed by January 30, 2008 ('Completion Date'). The
delay in completing the Sales Transaction is due to the postponement of the
meeting of the shareholders of Pamodzi Gold Limited ('Pamodzi') (JSE: PZG) to on
or about January 30, 2008.

Under the terms of the SSCA, the conditions precedent must be completed by
February 1, 2008 ('Long Stop Date'), failing which the agreement will terminate
and be of no force or effect and the status quo ante will be restored as near as
may be possible. The Company and Pamodzi may enter into discussions to extend
the Long Stop Date by mutual agreement.

[giant steps] 03/1/2008 09:06

pog $861.95/oz, usdzar 6.82, zarusgold 5,878

[giant steps] 02/1/2008 19:49

Pamodzi Gold : Closing price Wed 02 Jan ZAR 13.00

[tim00] 02/1/2008 17:15

maybe two years ago anyway. Happy New Year to all suffering holders. I myself am not optimistic about the price of gold this year and expect it to fall by end-2008. A slowdown in the western economies is not consistent with rising asset markets, including gold.

[katsy] 02/1/2008 17:03

This would've been going ballistic if POG was at this level this time last year.

[giant steps] 02/1/2008 16:50

pog $856.5/oz, usdzar 6.80, zarusgold 5,824