Pan African Resources Share Discussion Threads

[coincall] 16/2/2017 12:01

Looking better today. This story could be interesting if the SA Rand gains more strength against other currencies.



One year ZAR chart has been gaining ground against Sterling so this should all add nicely to the next dividend.

[srpactive] 15/2/2017 12:55

Kitco.

Interesting holdings I thought,

dyor

regards

active

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The filings show Paulson was also exposed to gold through stakes in producers Agnico Eagle Mines Ltd., AngloGold Ashanti Ltd., Iamgold Corp., Randgold Resources Ltd. and NovaGold Resources Inc.

By Allen Sykora of Kitco News; [e-mail]

[srpactive] 15/2/2017 12:11

Part of the article.

Could Barrick Gold be interested in buying PAF, to
put in Acacia.

dyor

regards

active

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

Acacia Mining set out its stall to be a pan-African gold producer as it more than doubled its full-year dividend and returned to profit.

The London-quoted goldminer operates three big mines in Tanzania but has an advanced exploration programme in Kenya and tentative plans in West Africa. It is also in talks about combining with Endeavour Mining, a Canadian rival with mines in Mali, Ghana and Ivory Coast, a move that would create a £3.5 billion enterprise.

Shares in Acacia leapt after it announced a better dividend than expected. It posted a pre-tax profit of £242 million, against a writedown-driven £124 million loss in 2015.

Acacia, which is majority owned by Barrick Gold of Canada, announced a final

[srpactive] 15/2/2017 12:08

Just read this line on citywire, from the Times today:

Acacia Mining set out its stall to be a pan-African gold producer as it more than doubled its full-year dividend and returned to profit.

dyor

regards

active

[qs99] 14/2/2017 17:29

still heading in right direction IMO

[tom111] 14/2/2017 14:33

Some people will never understand that when gold goes up PAF goes up when gold goes down PAF goes down simple really but not for some lol

[garycook] 14/2/2017 14:32

PAF,Now up 3.4%,and 17.20p to buy.

[charlieeee] 14/2/2017 13:44

It does seem odd, Le Mass Du Pap, that you could post those charts, of this tracking gold so closely.

Recently, as your charts show, it has lagged the gold movement, but is that not a reason to deduce that this is best placed to make a move upwards and close that gap?

[garycook] 14/2/2017 13:32

That told you LMDP.Also share price moving higher now.

[thecynical1] 14/2/2017 13:21

Le Mass....are you really as dim as you appear to be? This is a share that depends on the price of gold......not so long ago, gold was 1350 plus....this company is a producer so the share price moves with the price of gold.....get with the plot here..... 😎

[garycook] 14/2/2017 12:45

Good buying volume.Next stop 18p

[le mass du pap] 13/2/2017 22:07

"The child is back I see."


Even a 3 year old could see this is struggling

[dilbert dogbreadth] 13/2/2017 18:55

The child is back I see.

[le mass du pap] 13/2/2017 16:37

What a woeful share this is. GAZZA getting excited about a 1p increase in 2 months. Thats the best it could do after a 10p fall over 6 months. Now back to normal and dropping. Great!

[mikkydhu] 13/2/2017 09:11

For those interested in the price of South African coal, here are the monthly figures for the export price of what I assume is thermal coal per metric ton in US$ for the last seven months:

July 2016: 62.45
Aug. 2016: 65.97
Sept...... 67.36
October... 83.51
November.. 89.35
December.. 81.97
Jan. 2017. 84.73

So, after a drop in December, prices climbed again modestly in January. On balance good for profits from our colliery. Info from a website called indexmundi.

[fangorn2] 10/2/2017 21:19

@Hayward..

Nah he always knew how it'd turn out..He knew his own people after all.
A shame, Sarf Africa a beautful place with plenty of potential....

[haywards26] 10/2/2017 17:21

Poor Nelson will be turning in his Grave Fangorn2....

[highly geared] 10/2/2017 16:38

Closing 5 minutes on the chart looks like someone on an " Etch - a - Sketch! Remember those... !

[fangorn2] 10/2/2017 14:33

Wont change Hayward. Whoever you replace Zuma with will be just as bad, despite campaigning no doubt on an anti corruption ticket.

It's Africa.

It's how Africa works.
Plus ca change

[haywards26] 10/2/2017 12:56

I watched a BBC item on South Africa last night, the political corruption, poverty and failing government. Horrendous... The news item finished with a more positive tone of change coming in 2018 at the next elections with a strong will and movement to oust Zuma...

Political change at the top can only be a good thing for PAF too.

[flyposter] 10/2/2017 08:26

@Le Mass Du Pap

Those of us that have owned shares in this company before are fully aware that patience pays off and pays off big! Besides I bought this on the 6th, and I am already 6.75% up.

[garycook] 10/2/2017 03:23

LMDP,Like melody quote,s.I think you are best out of PAF !!!

[melody9999] 09/2/2017 20:04

LMDP - if you're bored, just sell up and move on. Why not get into CEY and be excited about their progress, rather than be miserable here?!

[le mass du pap] 09/2/2017 18:19

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

Assuming you mean me GAZZA, going up? It's like trying to push sand over a wall. It's the most boring share in history. Up what, about 1p in 2 months! Exciting! Up 1p while CEY has hit highs and gold has touched and retreated from 1250. It's shyte. Obviously something is wrong because it's really struggling to make any headway despite being a 'great company' and despite gold and all other goldies having flown. You're easily excited aren't you.

[tom111] 09/2/2017 14:33

Back in here at 16p looks promising what with the French elections looming and Le Penn having a vote to leave the EU if elected,plus Iran and Trump in the mix a lot of uncertainty looming