Golden Prospect Precious... Share Discussion Threads

[noirua] 26/11/2020 13:18

Please note that ii Investors and HL will not allow any transactions in shares in GPSS after close of business on AIM today.

[ultrasharp] 25/11/2020 06:47

I agree with you richjp. Looks like GPSS is effectively valueless. Down 62% yesterday. The day's biggest percentage faller yet again.

[richjp] 24/11/2020 16:55

Well this looks like a speculation that is not going to come off. Thanksgiving is on Thursday in the US and markets will be closed so we should see by the end of tomorrow whether the gold price is going to make a sudden recovery.

With all the money printing going on I still think the medium to long term future for gold looks good so I might just add a few GPM shares gradually. If you do believe in the longer term picture then I would say GPM is a bargain at the moment.

[stevieweebie2] 24/11/2020 14:04

yep, my 13p sell now looking rather wise, my using the return to reinvest in GPM not so ;)

[ultrasharp] 24/11/2020 14:00

GPSS top of the advfn leader board of biggest percentage fallers again today.
Am I glad that interactive investor wouldn't let me buy them back in the summer, though hopefully I'd have had the sense to get rid of them months ago.

[nash81] 24/11/2020 12:16

NOW GPM 46.4 (a bit ticking up)
so that means GPSS does have value?

[toffeeman] 24/11/2020 10:58

Because they have no value if GPM <46.1

[laptop15] 24/11/2020 10:51

How come this has gone so low

[stevieweebie2] 24/11/2020 09:17

And..........its gone.

[ultrasharp] 23/11/2020 15:54

Top of the advfn percentage losers again today. Getting to be a habit!

[stevieweebie2] 23/11/2020 15:46

Very sketchy trade now. only 4 more trading days of these, down to the wire we go.

[sunshine today] 23/11/2020 15:34

A few have learnt today just how high risk these warrants are.

If Gold does not hold this week, they are worthless.

[noirua] 21/11/2020 11:11

Noirua - 21 Nov 2020 - 11:06:29 - 139 of 140 NCIM - Golden Prospects P M - GPPM - GPM

To the holders of Subscription Shares Reminder of Final Exercise Date for Subscription Shares
23 October 2020


This letter is being sent as a reminder only and is not to be read as a recommendation. Subscription Shareholders are not obliged to exercise their Subscription Rights and if they do not exercise their rights the Company, subject to market values, may attempt to place or sell unexercised Subscription Rights and return any proceeds, net of costs, within 14 days to Subscription Shareholders who have not exercised their rights. Full details are contained within the Listing Document.

[noirua] 21/11/2020 00:15

EK appears to have a lot of sub-shares so maybe not easy to sell and just waited for conversion. I'm not so sure the title 'fat man' fits anymore in these tee-total days and after his recovery at least in one respect, that he made known to us.

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Noirua - 20 Nov 2020 - 10:32:34 - 2946 of 2947 Golden Prospect Precious Metals Limited - GPM
Note page 6 referring ONLY to Fidelity and the appointment of a Trustee.



Have GPM appointed a Trustee to deal with trading shares that can be sold at above 46.14p and leaving a profit after expenses and charges have been applied?

If GPM have appointed a Trustee then EK may well NOT turn out to be as correct as people may be led to believe!

It could be that somewhere in the many announcements etc., this MAY have been made clear.

[sunshine today] 20/11/2020 08:26

Not sure why the fat man did not sell his warrants, ( at he top )

He can then buy back today, without the ramp.

[noirua] 20/11/2020 08:16

Noirua - 20 Nov 2020 - 08:00:42 - 136 of 137 NCIM - Golden Prospects P M - GPPM - GPM
The Directors may accept as valid Certificated Subscription Notices which are received after the relevant Subscription Date provided they are accompanied by the correct remittance, as described above. Once lodged, a Certificated Subscription Notice shall be irrevocable save with the consent of the Directors. For a Certificated Subscription Notice to be effective, compliance must also be made with any statutory and regulatory requirements for the time being applicable.

Above indicates how GPSS conversions are dealt with if received late.

[12string] 19/11/2020 17:22

GPM NAV is falling. Were this to fall to 46.14 (which is unlikely), there should be no reduction in the NAV of GPM after conversion.

[ultrasharp] 19/11/2020 15:17

GPSS currently biggest percentage faller again.

[ultrasharp] 18/11/2020 13:28

GPSS is currently the biggest percentage faller today.

[highly geared] 18/11/2020 11:54

Any less than 100% conversion of GPSS should see GPM rise as the discount to NAV needs to close..

[laptop15] 18/11/2020 11:23

What is going on here guys?? Why is the share price 4p with subscription shares at 6.50p...is it a good time to buy now or likely to drop further? Whats deal with the subscription shares??