Highland Gold Mining Ld Share Discussion Threads

[return_of_the_apeman] 15/12/2017 10:43

Good spot sp, looks like a golden cross is forming

[srpactive] 15/12/2017 10:02

Chart looking as good as it did at 50p, get ready for
the 50 crossing the 200dma, dyor.

[srpactive] 15/12/2017 08:57

sdt

Thank you.

[stevedaytrader] 15/12/2017 08:19

SR- I'm fairly conservative, I trade mainly stocks that don't attract 0.5% duty, for risks dump a few grand in crypto- u could lose the lot but it could go up 10times or more- even though they seem high now, who knows...
HGM a bit flat but gold still rising so expect modest increase today

[stephen2010] 14/12/2017 22:02

ALBA currently trading at 0.39p target price 6p making a nice 15 bagger. Please read the following:

MARKET CAP PUZZLE
❖ Alba (market cap £8.4m) is in a resources neighbourhood populated with listed
companies with much enhanced market capitalisations, such as UKOG.L (£134m) and
JAY.L (£172m). With either shared project interests or adjacent tenements to these
companies, Alba should trade at a much higher valuation than its current token value.
Like Bluejay, Alba owns 100% of its ilmenite project. Direct comparisons with UKOG
are also instructive. While both companies own other projects, UKOG’s 49.9% of Horse
Hill Developments Limited (HHDL), when compared to Alba’s 18.1% means that Alba
has approximately one third of the value of Horse Hill compared to UKOG but only
about 7% of the market capitalisation. Once the market recognises these disparities,
the room for growth in Alba’s share price is undeniable.

VALUATION RATIONALE - Our valuation in this First Equity Limited initiation note
uses a risked valuation approach for Alba’s two main projects, at Horse Hill and TBS. The
Horse Hill licences are valued using independent published technical data from
Schlumberger, Xodus and Nutech on the oil potential of the licences, along with our own
assumptions on recovery rates, oil discovery value, resource and development risks
factors. From this a risked value of $127m net to Alba on a ‘Base Case’ basis is derived
for Horse Hill.

Given the similar geology and economic potential of both TBS and Dundas, we have
adopted a risked closeology valuation approach, by computing an NPV for Dundas of
$223m and then applying a three-tiered risked probability calculation to arrive at a value
of $54.7m for TBS. Once Alba announce its JORC resource and exploration target at TBS
and Bluejay its Feasibility Study results, this number is likely to be revised upwards very
rapidly, possibly up to $200m, representing up to 7p per share in additional shareholder
value.

We compute a valuation of $185m (£139m) for Alba, equating to 6.0p per share, of which
4.1p is attributed to the stake in Horse Hill, 1.8p for TBS. Given this analysis and wealth
of valuation catalysts anticipated across the project portfolio in the coming months, we
recommend the shares as a ‘BUY, with a Target Price of 6.0p, representing a potential
15 times plus uplift from the current share price.

[edjge2] 14/12/2017 21:51

For anyone ionterested these canadian tsx shop, KL, weed
USA jnug, should go bonkers with gold rise. pypl and MA as cash used less and MA linking to goldblok at LSE lion(a volatile animal but reaching for the sky)
TSXv LTV and CRL good with good cheap entry.

[srpactive] 14/12/2017 17:54

sdt

I am looking for a US company to trade, do you trade any? Tia

[stevedaytrader] 14/12/2017 17:27

Yes SR, very close. Gold was at 1254 and similar now- should rise overnight, but only slightly imho, giving HGM a slight lift to a tad over 160 opening position. But a lot can happen between now and then...

[srpactive] 14/12/2017 16:07

sdt

Near our 159.5p, I feel we could close just below and move
through into the 160's tomorrow, dyor.

[montyhedge] 14/12/2017 13:02

Just sold all my Highland, nice run up profit is a profit. Cryto currencies the new gold punting.

[srpactive] 14/12/2017 08:52

No need to thank me, that is what a thread is for,
159.5p is a target for me, once through we could move
quite a bit higher, dyor.

[stevedaytrader] 14/12/2017 08:35

Thanks SR, good research :-). Fingers crossed for some sustained HGM growth today, to hit 160, or break through just.

[srpactive] 14/12/2017 08:07

SDT

Another deal,dyor.

=========================

Sibanye Gold Agrees to Buy Lonmin for GBP285 Million

===========

Edit

Bounced on the 200dma and rising, the averages looking a lot
better, for the first time in a number of months, dyor.

[stevedaytrader] 13/12/2017 21:04

Gold 10 higher than close, so fingers crossed if this holds or increases overnight, HGM should be good in the morning...

[srpactive] 13/12/2017 16:14

Fed decision later, dyor.

[woodhawk] 13/12/2017 16:05

I'd get some help with that paranoia!

[woodhawk] 13/12/2017 15:44

I caught that little rise quite nicely. Bon chance, Active!!

[srpactive] 13/12/2017 15:37

154.5p first target, dyor.

[srpactive] 13/12/2017 14:58

Hopefully back positive soon as it was at 9am uk time.

[stevedaytrader] 13/12/2017 13:30

Cheers UK- still don't agree, so will agree to disagree. I've been involved in similar- all I care about is the share price going up even if the increased price is at a rate that means the company is undervalued to some.

[srpactive] 13/12/2017 10:46

F66

GV gold just bought Kam Gold, Kam gold owned by Renova I believe.

This from pog thread, who have been linked to merging with hgm.

dyor

========================

Takeover Panel

15 June 2017

2017/10

PETROPAVLOVSK PLC

In the middle of May, the Panel Executive (the "Executive") was approached by Petropavlovsk plc ("Petropavlovsk") in relation to the submission by Renova Asset Holding Limited ("Renova"), M&G Debt Opportunities Fund II Limited ("M&G") and Sothic European Master Fund Limited ("Sothic") of resolutions proposing changes to the company's board of directors. The Executive was asked to determine whether these shareholders, and the proposed new directors, should be considered to be acting in concert under Note 2 on Rule 9.1 of the Takeover Code (the "Code") and, if this was the case, whether any such persons had acquired any interests in shares of Petropavlovsk following the date on which they were presumed to have come into concert with the result that they had thereby triggered an obligation for a mandatory offer to be made under Rule 9.1 of the Code. The resolutions proposed by Renova, M&G and Sothic are to be considered at Petropavlovsk's annual general meeting on 22 June.

The Executive has concluded that three of the four proposed new directors, namely Messrs Buck, Ashby and Soden, are, for the purposes of Note 2 on Rule 9.1, independent of the shareholders proposing their appointment. (The fourth director, Mr Egorov, is not considered to be independent, owing to his employment by Renova.) As a result, the Executive has concluded that the resolutions proposed by Renova, M&G and Sothic are not "board control-seeking" for the purposes of Note 2 on Rule 9.1 and, accordingly, that these shareholders, and the proposed new directors, should not therefore be considered to be acting in concert and that there is therefore no requirement for a mandatory offer to be made under the Code.

Each of the parties has accepted this ruling.

15 June 2017