Pan African Resources Share Discussion Threads

[garycook] 09/2/2017 03:33

Where is the moaning Minnie !!! No sign of him now the share price is going up.Told him to have patience.Its a Virtue !!!

[rogerbridge] 08/2/2017 15:58

I would have thought that PAF is worth considerably more than 17p per share, unless some believe that the gold price will pull back.
I was expecting gold to pull back late last month, but the price could now head higher.

[flyposter] 08/2/2017 15:52

Bought back in 2 days ago, this company was great to me last year, glad to be back!

[coincall] 08/2/2017 15:49

This pdf may help to put some detail on the Lily situation, I have not got time at the moment to really go through it but it gives the historic details.

[srpactive] 08/2/2017 15:00

Decent volume again.

dyor

[ifthecapfits] 08/2/2017 15:00

PMs on the move again.

[nimbo1] 08/2/2017 14:57

Hopefully a 10% jump coming here in short order : )

[gold panda] 08/2/2017 14:15

do you think this is related? it's from the same article

Barbrook will undertake a project to recycle the Lily tailings dump, which was expected to recover 20kg of gold a month over eight months.

[mikkydhu] 08/2/2017 12:45

Yes, a sad tale at Vantage Gold's Lilly Mine.

I noted in my post 9458 that PAF picked up a small tailings deposit at Barberton with 40,000 ounces in it from Vantage in July 2016. I presume they didn't overpay in the circumstances and that they will be able to extract this gold cheaply as with the other tailings retreatment plants.

What is just as interesting is what PAF have not done...at least not so far. They have not bought the troubled Lilly mine, presumably because it's not a good commercial prospect. If so, this is an example of PAF implementing its policy of only entering projects that will definitely be strongly profitable.

[gold panda] 08/2/2017 10:49

Thank you srpactive, I tried to be objective.

some new developments on lily and vantage from today
hxxp://www.businesslive.co.za/bd/companies/mining/2017-02-08-turnaround-specialist-to-try-to-raise-funds-for-troubled-lilly-mine/

[srpactive] 08/2/2017 07:27

GP

Very well done indeed, you are a most dedicated investor here,
please continue to post.

The article what I read was very enlightening, we have the agm tomorrow
the 9th so maybe a update on SA issues.

Back above the 50dma, looking stronger.

33m shares approximately traded in the last few sessions, institutions
involved in this rise imho.

dyor ( as you do )

regards

active

[gold panda] 07/2/2017 20:13

comrades, my article on Pan African Resources at Seeking Alpha just got published

[garycook] 07/2/2017 10:43

Now starting to move.Where is moaning one ?

[srpactive] 07/2/2017 08:54

Big volume on breakout.

[qs99] 06/2/2017 19:22

Gold Price moving along nicely bodes well for tomorrow.

[qs99] 06/2/2017 14:21

indeed, keep it coming, looking forward to re-tracing to 20p+

[ifthecapfits] 06/2/2017 13:40

Keep talking....

[highly geared] 06/2/2017 13:39

It worked !

[highly geared] 06/2/2017 13:28

Gold on a tear again; come on PAF move North!

[amunro] 06/2/2017 10:47

The thing that puts me off PAF is their website takes a while to load. Then when you browse news room there is no announcements for 2017. Then their announcements are a bit technical in terms of financial jargon and it isn't easy to read. Serious companies have decent websites and communicate information clearly?

My head says this is a good investment. My gut feeling is maybe its not run very well?

Spruce up the website and it will fly?

[topazfrenzy] 06/2/2017 09:20

Added more here, strong fundamentals and surely undervalued, that's how markets work, they miss some and then when they are spotted they re-rate very strongly. This is a buy and hold in my book.

And I'd argue it is time to get defensive with a portfolio, added some BT.A too, boring but should weather a storm while paying a good dividend, I'm sure one's on the way, the markets are being too complacent.

[mikkydhu] 05/2/2017 19:56

We may soon hear that work has started on the Elikhulu Project.

It is interesting that the Uitkomst Colliery was singled out for mention in the most recent news release because of its recent significant contribution to earnings. Its success is important as it helps underpin future dividends.

[plasybryn] 05/2/2017 11:58

Did you see the one page article in Investor's Chronicle on PAF?

[gold panda] 05/2/2017 10:38

hmm lily mine protests again
hxxp://www.news24.com/SouthAfrica/News/lily-mine-workers-protest-to-demand-salaries-20170203