PAN Pacific Share Discussion Threads

[happy bear] 24/4/2012 09:16

21 March 2012

Dear Shareholders,

We at Pan Pacific Aggregates value the support of our shareholders.

If you wish to contact us your emails should be directed to [e-mail].

We have recently changed our PR representation. There will be a newsletter in April which will update shareholders on the current activities at the Quarry. We will then start a new regime of regular updates.

On behalf of the Board of Pan Pacific Aggregates, I would like to express our gratitude for your continued support.

Lynda Chase-Gardener
Chairman

[eelbuoy] 24/4/2012 00:30

This is where it's at !


Right, somewhere relatively recently , there is a mention of Sechelts development.


Like in an announcement or something .


Squire do u have email addy ?

Would like to speak x

[share_shark] 23/4/2012 08:30

Courtesy of "ARDY " on iii.

If you read the broker report on the website, released 2010, dependant on type of product, the price per tonne can vary from approx Can$ 3-20.

Not knowing what the product demand type ratio is for the 1milll that is to be sold, a crude average revenue may be calculated by adding best and worst case and then divide by 2 = Can$ 11.5 million = £7.2 million.

7.2 million / ~ 1.8 million PPA mcap at the moment = 4 - so million tonn of rock is worth 4 times current mcap!

No wonder VIR got in at 2.5p - it's a good entry at these levels if you can afford the risk/reward strategy.

GLA holders.

[share_shark] 23/4/2012 08:05

I have a personal interest here as my son has his Canadian Visa and will be departing for Vancouver,with wife and child at the end of this year.

He was there in November and again recently on an assignment for his present company and travelled the Sea to Sky Highway , from Vancouver to Whistler several times.


Weather is improving now and I just wonder if NLee will be having a little trip over there to check on what other companies they will aquire cheaply or simply as an excuse to have a holiday ?.

For the broker to issue a share price target of 24.6p must mean that something is on the horizon but how will they aquire other companies with so little in the bank?. Another RTO in mind perhaps ?..

[eelbuoy] 21/4/2012 23:03

My investment needs to do more than well here unfortunately .

It pretty much was a case of try being able to stand before challenging Bolt to a race.

Stone , sand, maybe cement, recycling the path could have been so different .

If just Shaw Pit had become operational then I am quite sure there is a risk of a profit being made.

It took a little too long for WV to go after the damage he oversaw .

Lets hope this lot can seperate themselves from previous failings.

Good evening.

[eelbuoy] 21/4/2012 22:52

Medium rare .

Actual wild salmon is really red.

The orange muck you get over here is dyed to the customer/supermarkets requirements.

Like choosing your wall colour off a dulux chart.

Every industry has its issues, look at the issue with the geoducks over there !

Can you imagine a 7.5 kg clam ?

[mg78] 21/4/2012 22:43

Re your question...no, I was referring to larger quarrying consortia prior to PPA staking their claim - so way before the more recent RTO shenanigans.

eelbuoy, I don't have an issue with you personally. You are a fellow investor. We're all on ADVFN to make money. But some companies are bad and their past failing and future intentions need pointing out and scrutinising. In the case of PPA and Sechelt, the environment is a crucial factor and it should be considered.

I personally don't want them to succeed there for all the reasons I've quoted, but I'm far from anti quarrying and of course, I'm pro-business. If PPA find better, less damaging targets I will wish them and your investment well.

So...let's keep it on topic.

[mg78] 21/4/2012 22:33

Ha ha...me too...and exactly the reason you should want to see them preserved, unless you're content eating the colored, pesticide-rich intensively farmed trash. How do you like your amphibians?

[eelbuoy] 21/4/2012 22:26

I think that the law actually changed in Canada ,
On July 12, 2010, a series of amendments to the Canadian Environmental Assessment Act came into force. As part of these amendments, the Canadian Environmental Assessment Agency is playing an enhanced role in the environmental assessment of this project as it will perform the duties and functions of the responsible authority in relation to this project until the submission of the comprehensive study report to the Minister of the Environment.

Have u seen a commercial logging operation ?

"Completely logged on more than one occasion"

Maybe the RTO was eyed up as more attractive package, then PPA would be able to self fund the Carbonate Project, I do not know exactly , do you ?

I personally quite like salmon, maybe with some eggs,definitely on brown & something fizzy :)

[mg78] 21/4/2012 22:03

Jervaulx - agree he has more credentials than the others, but he has actually been at PPA for quite a while now.

eelbuoy - then why did PPA pull out of the Environmental Impact Assessment?

Also, what your quote doesn't consider is that although a given area might be remote, and removed from people's dwellings, that doesn't necessarily mean it's not environmentally sensitive. Also, as I'm sure you're aware, quarrying can have environmental consequences far beyond the immediate area - especially if waterways are disrupted or polluted. People have been upset with how PPA have behaved, environmentally, in Sechelt when they first staked their claim to prospect and quarry there. A bill was passed to stop them in their tracks and an Environmental Assessment had to be done before they could continue - something PPA failed to complete, I believe.

Also, the specific area they mention means access and removal of stone may actually be trickier.

Listen. I don't doubt the quality of the limestone there. And I don't doubt that it could be worth a lot. Unfortunately for the business, it's in an area of great value - ecologically, environmentally, socially, recreationally.

This is perhaps why (?) larger companies have already looked at Sechelt and walked away. The Fraser Valley in general may offer better, less damaging options for PPA, and I hope for your sake and that of the environment, they will be sensible and look to these other areas.

Once again, this website will furnish you with a lot of interesting arguments as to why Sechelt is not suited to major open-cast quarrying. It might not be stuff you want to read but it is highly relevant to your investment, even if you personally couldn't give two hoots for ecology, salmon stocks, rare birds and amphibians. Regards.



Everything written in good faith and to the best of my knowledge and in my own opinion, where applicable.

[eelbuoy] 21/4/2012 21:33

7. ENVIRONMENTAL ASSESSMENT CONSIDERATIONS.
7.1 Land Use.
PPA believes that the Project site is ideally suited to the type of mineral extraction proposed and that this can take place with minimal and manageable effects on the environment. There are no permanent or seasonal dwellings affected by the Project, which is located in the most remote section of the Sechelt Peninsula, and in an area whose surface has already been completely logged on more than one occasion.

[jervaulx] 21/4/2012 18:32

One should always follow E McMalpine - He is totally dedicated and will not let it fail

[mg78] 21/4/2012 16:26

eelbuoy - 21 Apr'12 - 16:16 - 8004 of 8005

Through all of the trials and tribulations the company is still in operation, if it truely was such a basket case why would they bother ?

..............................................................................

No, you mean why would YOU bother.

The directors of this company have done very well over the years, thank you very much.

To shareholders they have returned NOTHING.

Watch this video from 2010. Pumptown back on track, +£4M fundraising and the future is bright....jeezus wept.....look what happened since then.



4 Million in 2010. Yes - - - 4 million.

Stop and think about that figure....and still that little quarry, not fit for an LSE listing imo, could STILL not deliver any value.

And the RNS the other day was laughable btw - remortgaging their 'flagship' asset - what a laugh. Flagship asset. It beggars belief. Quadling is a dog - it has cost them millions and millions - what has it returned?

THIS IS THE WORST COMPANY I HAVE COME ACROSS ON THE LSE FOR 12 YEARS.

They might have a bright plan for the future, but you'll need a lot of patience and should probably be prepared for more mass dilution if it involves Sechelt.

Have a look a WV's specific involvement/connection with all of the fund raisings that were done over previous years. Check out his salary. Indeed, WHY would he bother.

I wouldn't be happy to have him stay on in an 'advisory role'.

Couldn't make it up.

[mg78] 21/4/2012 16:17

Just one organisation committed to stopping PPA quarry Sechelt.

Hardly a bunch of 'nimbys'.

[mg78] 21/4/2012 16:07

share_shark - 21 Apr'12 - 15:52 - 7999 of 8001



..............................................

Don't kid yourself, share_shark.

[squire007] 21/4/2012 00:08

I wish I had lent them the money at 10% coz my £133k is now worth 11 fekking grand ......... not happy, but patient ;-(

[eelbuoy] 20/4/2012 22:46

Cheers for your concerns Hatetrader.

If the P & D brigade is here can u pump it to 50p so I can dump :)

[share_shark] 20/4/2012 21:40

From Stock market report today in UK ANalyst.

Pan Pacific Aggregates* (PPA) announced the remortgaging of its flagship Quadling Quarry in British Colombia, Canada, which will see the mining group retain ownership of the site up to 30th April 2014. The firm has agreed terms with Quadrum Mortgage Company for a new loan of 1.67 million Canadian dollars to pay off the existing mortgage, and will a attract an interest rate of 11.5%, 1.5 percentage points lower than the rate on the previous agreement. With the remortgaging removing uncertainty surround the Pan Pacific's operations, while also putting its finances on a stronger and long term footing, investors climbed back into the group's shares, which rose 0.25p to 2.5p.

[tomboyb] 20/4/2012 11:34

Clearly so - once cleared

[christianf12] 20/4/2012 11:27

Well you couldn't buy 10k shares when as was 2.5p so overhang can't be that big!