Golden Prospect Precious... Share Discussion Threads

[gurp] 09/11/2010 13:44

the way gold is going the nav & share price increase here should be a lot higher

[fordtin] 08/11/2010 19:22

As PM's seem to be in fashion I thought I'd give the old thread a bit of an update.

By my calcs, if the unknown 39 holdings have performed as well as the top 5, NAV should be over £1 by now.
If the 39 have a neutral effect, the top 5 should have pushed the NAV up to 97.32p.

[hyvast] 02/11/2010 19:33

Glad I am not alone

[mozy123] 02/11/2010 17:27

This is actually trading at 0% discount now! Wow

[hyvast] 02/11/2010 13:52

Anyone here ?

[washbrook] 14/10/2010 09:09

Just for the record.
Since 31.7.2010 to last nights close
£ gold up from 784 to 865
=10.3%
$gold up from 1175.1 to 1368.4 =16.4%
GPM up from 64p to 64 = 35.94%
HUI INDEX from 442.64 to 533.53=20.53%
---------------------------------------
Top 5 holdings .
Silver Wheaton up 42.34%
Red Back up 32.82%
Semafo up 53.78%
Eldorado up 17.45%
Iam Gold up 15.1%

[washbrook] 14/10/2010 03:15

92.11p as at 8 October 2010.
share price=85P
nav DISCOUNT=7.11%

[gurp] 06/10/2010 13:11

agree re the nav disc, but if this isn't 'full-on Gold mania' then bring it on.
holding firm

[jimbo55] 01/10/2010 17:57

Sold some of mine yesterday, as they were only at a slight discount to that last reported NAV and I don't think the markets are into full-on Gold mania yet. So far, it's looking like others thought the same...... ;)

Will drip feed further money in if either:

1. The NAV jumps.
2. The discount to NAV widens to between 8% - 12%.

I like this trust!

[davebowler] 01/10/2010 16:20

Golden Prospect Precious Metals Ltd announces that the weekly estimated Net
Asset Value per ordinary share is 89.23p as at 24 September 2010.

[gurp] 24/9/2010 11:50

pity they don't have holdings in the minnows - going ballistic

[washbrook] 22/9/2010 21:49

HUI index closed at 509.5.
Previous top 10.12.2009at 510

[gurp] 22/9/2010 16:21

yep - surprising (simply off radar?), added - oils & goldies the place to be

[skidaddle] 22/9/2010 09:21

NAV now at about a 14% discount to the 78p buy price.

[washbrook] 18/9/2010 10:07

Golden Prospect Precious Metals Limited ("GPPM" or the "Company")

SETSqx Trading Platform

Notification of Director's Interest

Cancellation of Warrants



SETSqx Trading Platform

GPPM announces by way of correction, that on 29 September 2009, the trading facility in its ordinary shares was transferred from the International Bulletin Board of the London Stock Exchange (the "ITBB") to the SETSqx (the Stock Exchange Electronic Trading Service – quotes and crosses) trading platform. All of the Company's 37,950,000 issued ordinary shares (including the 6,099,000 ordinary shares issued pursuant to the Placing, announced on 18 November 2009) are therefore now admitted to the SETSqx trading platform , rather than the ITBB.

All shareholders who participated in the Placing have been advised of the correction.

Such transfer does not affect the listing of all the Company's issued ordinary shares on the Channel Islands Stock Exchange ("CISX"), which has continued unaffected.

Notification of Director's Interest

In accordance with Channel Islands Stock Exchange Listing Rule 7.9.24, the Company also announces that as part of the recent Placing of new ordinary shares which was announced on 18 November 2009 and which completed on 20 November 2009, Mr Malcolm Burne, a director of the Company, has acquired 100,000 ordinary shares in the Company at the placing price of 60p per share. Following this purchase, Mr Burne holds a total of 212,500 ordinary shares in the Company representing 0.5599% of the ordinary share in issue.

Warrants

Further to the notice sent by the Company to Warrantholders on 16 October 2009 reminding them of the imminent expiry of the period for exercise of the subscription rights under their Warrants, the Company announces that no Warrants were exercised on or before the final subscription day of 16 November 2009. Consequently, all the Company's outstanding Warrants have lapsed and application has therefore been made for the Warrants to be delisted from the CISX and also for trading in the Warrants to cease on SETSqx.

Enquiries:-

Legis Fund Services Limited Tel: [phone]

Patrick Farncombe



Singer Capital Markets Limited Tel: [phone]

Jos Trusted

Richard Savage

[fordtin] 18/9/2010 09:09

Mozy -

My ISA provider doesn't normally deal in non LSE shares. I'd previously been caught out by having to pay a large premium to sell some Canadian shares which delisted from AIM, so I sold my shares in GPM last year ahead of the following RNS.
I'm not sure what has changed, but the same ISA provider are now offering a quote for GPM. Could it be something to do with the rule changes which allowed all AIM shares to trade on the plus market? Perhaps it also included companies listed on the Channel Islands exchange.

----------------


16/06/2009 7:00am


CANCELLATION OF ADMISSION OF SECURITIES TO TRADING ON AIM


GOLDEN PROSPECT PRECIOUS METALS LIMITED


At the request of the company trading on AIM for the under-mentioned securities
have been cancelled from 16/06/2009 7:00am.

[mozy123] 17/9/2010 19:23

fordtin, are they being delisted?

[fordtin] 17/9/2010 18:54

Evening Chris,

I held GPM shares until they announced they were delisting from AIM.
After I read Jimbo's post on your thread, I entered the epic in my ISA account and was surprised to get a quote. I wonder how many other people are aware that it's available again.

Here's the fact sheet & website;

[chrisis33] 17/9/2010 18:39

Hi everyone,

Is there a list anywhere of the companies the fund is invested in?
Does it have a web address?
Many thanks

[washbrook] 17/9/2010 17:51

CLICK TO ENLARGE GRAPH

[washbrook] 17/9/2010 01:24

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[washbrook] 16/9/2010 21:28

CLICK GRAPH TO ENLARGE

[washbrook] 16/9/2010 21:18

I keep records & 29.1.10 was at 8.5% premiumn
also on 5.2.2010 was 1.97% premiumn