Pan African Resources Share Discussion Threads

[2vdm] 16/4/2018 14:56

Good write up on Interactive Investor site this p.m. Here's the link:
[...]

[edjge2] 16/4/2018 10:03

Maybe the value available here recognuiised by a fund on friday. Bouncing along at the bottom for a month. Maybe justice in May.

[justiceforthemany] 12/4/2018 17:52

Mining Charter changes to lift SA’s index score
If SA’s efforts to deliver an improved Mining Charter in coming weeks are successful, Business Monitor International (BMI), a unit of FitchGroup, will upgrade the country’s low score on the regulatory sub-Saharan mining risk/reward index.

Although the controversial version of the charter … serves as the basis for negotiations, the next version should be radically different from the Zwane version," he said. "The Zwane version contains many unimplementable and unrealistic clauses and is fraught with flaws and contradictions, which can now … be rectified."

Talks on a new Mining Charter were about 80% completed and the new document guiding the transformation of SA’s mining sector would be gazetted in May, giving the industry much-needed policy confidence, said Mineral Resources Minister Gwede Mantashe, underlining his mandate from President Cyril Ramaphosa to bring certainty to the sector.

[edjge2] 12/4/2018 09:24

lets have justice over here quite positive news

[justiceforthemany] 09/4/2018 12:30

Up 5% in Jo'burg today.

[justiceforthemany] 06/4/2018 12:25

Gold could explode at any minute – investor Peter Schiff
Fears of a trade war between the US and China have cast a shadow over Wall Street and spurred the buying of gold as a safe haven. Investor Peter Schiff is convinced that gold is on the verge of a breakthrough.
hxxps://www.rt.com/business/423261-trade-war-gold-price/

[justiceforthemany] 05/4/2018 13:14

Positive news from the courts yesterday on BEE and mining charter. Re-rating back to 13p+ long overdue now.

[edjge2] 28/3/2018 13:04

I missed the justB4 11 am special offer, anybody get it?
Looks off to the races now. Cuts my losses.
Surprised so little interest and someone took profits big b4 11 amm but no interest for 10s of minutes after that.

[astjgroom] 28/3/2018 10:40

Yes I agree, dodgy, but all being well I think it bodes well with Ekihulu, Etrp and Barberton increase. Plus royal Sheba and the Btrp. August isn't that far.

[edjge2] 28/3/2018 10:32

Yes in a dodgy situation astj, price reflecting that but justicefor points out some real positives.

[astjgroom] 28/3/2018 09:57

Some large buys, if no political problems, other big events, this is money in the bank

[justiceforthemany] 28/3/2018 09:53

Yes another positive RNS - Sheba and Elikhulu could drive huge profits with very low costs.

[bayetya] 28/3/2018 09:27

Tell that to the share price! @-)

[edjge2] 28/3/2018 08:01

RNS looks pretty encouraging, crept into 7p. Looks very undervalued to me.

[edjge2] 27/3/2018 10:31

May get to 7p this time.

[edjge2] 23/3/2018 22:27

justice most PMs not up much looks weird. HOC a main mover

[justiceforthemany] 23/3/2018 16:11

Gold is up to $1350

[edjge2] 19/3/2018 07:41

looks like a poss W but I thnk 6.5p or so should be a good price. Looks like final dive. A little stability today?

[justiceforthemany] 16/3/2018 15:21

Double bottom anyone?

[justiceforthemany] 14/3/2018 16:24

If you believe a share trading at 4x forecast earnings is cheap then buy.

[edjge2] 13/3/2018 08:01

Have a feeling this will move up to 8p especially after FOMC meat releases pressure on gold. Looks too beaten down.
Undervalued IMO climbing slowly. Filled the cart too expensive, i'll just wait.

[justiceforthemany] 08/3/2018 16:28

Why Harmony Gold Mining Co.'s Stock Soared More Than 20% in February
The gold miner reported a big jump in profits.
hxxps://www.fool.com/investing/2018/03/08/why-harmony-gold-mining-cos-stock-soared-more-than.aspx
SA listed

[edjge2] 05/3/2018 09:21

perhaps warmth from update dissipating but may revisit last low for a nice W and then trend change. Maybe try again.

[stonedyou] 02/3/2018 12:52

And the "Material effect on the share issue" position, as it

gone away or what?

[fangorn2] 02/3/2018 11:17

@justiceforthemany

"fangorn surprised to see you are still holding shares here."

Eh?

I don't hold. As I said.

But am following because it's a great operation politics aside.But the Politics make it a no go for me at the moment.