Pan African Resources Share Discussion Threads

[le mass du pap] 11/1/2017 15:48

May be a good company, but as a share it's currently not great. Looks like someone has managed to keep it pegged down here long enough for it to miss out on the gold rally while all other miners have bounced. Are we allowed to be frustrated yet?

[ifthecapfits] 11/1/2017 09:20

Given relative strength of PMs lately this does seem to be being held back a little.

[dodge meister] 11/1/2017 09:00

The weakening of the GBP should help the SP, hopefully see a run into the upcoming results.

[jon12345] 11/1/2017 08:44

Looks like it might finally break free from the 15-16p shackles today?

[mikkydhu] 10/1/2017 09:05

With the price of coal having risen, the value of the company's Uitkomst colliery must also have risen considerably. It was an opportunistic purchase and suited PAF at the time. Now that PAF will be looking to fund various gold mining projects, perhaps the company might think of making another opportunistic deal and selling the colliery to pay for its gold projects. Pure speculation on my part.

[coxsmn] 09/1/2017 19:29

From Today's Telegraph,"There is a debate building up on the expropriation of German savers by the ECB. This is going to become very difficult if inflation approaches 2pc and they still do nothing. People will conclude that their true motive is redistribution," he said.What is new is that Germany's inflation rate has suddenly jumped to 1.7pc after a long and deceptive period of quiescence. It is now much higher than in southern Europe. The mechanical effect is to drive real interest rates to minus 2pc, lower than at any time in German history other than the two hyperinflations after the First and Second World Wars. "

[dt1010] 09/1/2017 19:06

Should move up tomorrow, should.

[dt1010] 06/1/2017 16:28

bought a few more FWIW at 15.25

[gold panda] 06/1/2017 14:57

correct mikky, even the coal project is a huge success. if i remember correctly, payback was around four years

[mikkydhu] 06/1/2017 14:47

The 5th Dec news release was all about the Elikhulu Project, great stuff: 25% to be added to PAF's annual production, very low AISC...

But little or no mention is made of the 2010 pay channel that we're waiting to hear about.

But look at the two projects; compare the numbers: Over 13 years, Elikhulu is expected to yield a total of 673,000 ounces. However the 2010 pay channel could be three times bigger: a total of over 2 million ounces. Of course, this has yet to be proved, but the high grade, over 10 g/t, of the 2010 pay channel resource suggests it may well be economically viable.

If Elikhulu can add 25% to PAF's annual production, what percentage increase could a project three times as big add?

It is sometimes hard to fully appreciate the scale of the possibilities at PAF. It has vast amounts of gold. And the management seem to be active in exploiting one project after another.

[dt1010] 06/1/2017 08:37

Gold price could break through $1200 if the NFP numbers disappoint...
That is the biggest driver for this in the short term.
Equally if gold sells off in the other direction of course.

[le mass du pap] 06/1/2017 08:28

".....with first gold forecast for the final quarter of the 2018 calendar year and full commissioning in December 2018"

This bit? Should be good in a couple of years, but not sure how it adds value any time soon.

[garycook] 06/1/2017 08:08

I have been informed to tell all PAF shareholder,s to refer to the Dec 5 update from PAF.

[dt1010] 06/1/2017 07:36

It's a big day for data across the pond with US non-farm payrolls due. Payrolls are forecast to rise by 175,000 in December, with average hourly earnings tipped to be 0.3 per cent higher. Unemployment figures for December are also out, and are predicted to rise to 4.7 per cent - up from 4.6 per cent in November.

City A.M.

[dilbert dogbreadth] 06/1/2017 06:30

Let's hope we are all in a better mood this morning.

[dt1010] 06/1/2017 06:16

Agreed Gary.

[garycook] 06/1/2017 00:19

Somebody is clogging up the PAF thread.I can see why srpactive does not want to post or use this thread.Can you two grow up,and act your age.DT I have unfiltered you,but do not give me any excuse to filter you again if need be.I have a big investment here and in HGM.So I just want to hear constructive talk on PAF,and not unrelated issues and spats !!!

[le mass du pap] 05/1/2017 21:44

I bought PAF at about 14p a few days ago and will sell at 18p resistance early next week. That's 28.57%, to add to my 41.66% at KEFI.

You see ROLF, that's how to make money and last in this game...like me.

Surely got to be better than buying at 24p many moons ago, then watching it slide while dreaming of 30p...like you.

;0))

[le mass du pap] 05/1/2017 21:31

Are you talking to me ROLF, or still on about the Buffet?

[dt1010] 05/1/2017 21:29

"Major bounce coming here soon imho" - you posted that on the KEFI board on Dec 12th. But you claim to have made 41% there. Er...rumbled?..

Are you a 30+ year "investor" as well as illiterate? I posted ROFL not "ROLF".
I thought that given you like to post "lol", you'd understand.

I am clearly not going to learn anything communicating with an imbecilic person, and a liar to boot - like you.

Try not to wet yourself about PAF going up, it's only been 3 trading days of 2017 so far. I know it's a bit slow for you though. But of course after 30 years of investing, you're in no rush...hehehehe

Bye bye bozo.
Filtered.

P.S Shorthand for Rolling On the Floor Laughing, ROFL or ROTFL, is commonly used to express that you are laughing so hard that you are rolling on the floor.

[le mass du pap] 05/1/2017 21:21

Btw, is your name ROLF? You keep signing off as ROLF.

Can I call you ROLF?

[le mass du pap] 05/1/2017 21:20

KEFI? Yes, I bought at 0.24 and sold at 0.34. That's 41.66%. Does that qualify as a bounce? How much have you made here, is it anywhere near 41.66%? Thankyou please.