Panther Metals Share Discussion Threads

[wrtmf] 30/4/2021 09:03

the weekend after 7may20 the geologists got to work on the ground at big bear.

repeat? or will the local geos stick to dotted lake initially and the upcoming drill
[prob for safety they work as a pair in the field]

waiting for news from hmlo drilling 1.5-3km south of dotted lake, but in the meantime here's news from pdm drilling 6km east [looking for ni-cu-pge]

[imjustdandy] 30/4/2021 08:32

Beginning to look decent value here sub 12p.

[wrtmf] 29/4/2021 10:08

the merolia auger results MUST come out before the oz spin out. good, bad or indifferent - its the fairest way. i would have preferred the marrakai/annab mag to be been flown and reported beforehand too, but it is what it is. the mag was to be flown in q1 and was still intended as near as the year end review.

[spudtheplumber] 29/4/2021 09:59

Happy with that.Decent chunk of cash to crack on with!I reckon about 70k of 6p warrants to come too before June.Around 60k worth with bod so sticky.Results out should now clear the decks for news flow

[wrtmf] 29/4/2021 09:52

Kerim Sener, Chairman, commented:

"With the uncertainties of the past year now hopefully behind us, we have developed the business to a point at which the portfolio may be rapidly commercialised. We are advancing various strategies to add value to the portfolio, such that component parts may achieve self-sustainability and in which Panther will retain a significant position, through joint ventures, partial divestment in subsidiaries or even project sales. Your board is committed to finding ways to add maximum value within the shortest possible timeframe and accordingly is forever on the lookout for opportunities to develop and enhance the project pipeline of the company.

Importantly, the company is positioning itself strategically to focus its activities on orogenic gold systems in Archaean and Paleoproterozoic geological settings. These systems account for the majority of all gold mined globally and occur across cratons (ancient continental crust) preserved in places across the world's continents. Our efforts in both Canada and Australia, to date, have incidentally been successfully focused on such terranes already. While our remit is to explore in such low-risk jurisdictions will continue, we fully expect to build our project pipeline in other areas in which the selection criteria of low jurisdictional risk is matched by the geological perspectivity of orogenic gold systems in Archaean and Paleoproterozoic settings".

[soulsauce] 29/4/2021 09:21

Results out.

[soulsauce] 28/4/2021 11:29

It is Lotts. Fingers crossed.

[lottsgold] 28/4/2021 11:28

It's a bit slow on all fronts isn't it Soul! Quiet before the storm I hope.

[soulsauce] 28/4/2021 10:45

Still here Lottsgold. Wake me when something happens 🥱

[lottsgold] 28/4/2021 10:24

Interesting chat on stock box today with Darren if there's anyone here? haha

[wrtmf] 23/4/2021 10:01

one year ago, just 2 trades all week

[mikeh30] 22/4/2021 12:21

Any of Darren's team opened their wallets yet?

[spudtheplumber] 21/4/2021 13:08

"Colinbirdesque type behaviour" Ffs if I think Darren is as far away from Colin Bird as you can get lol

[soulsauce] 21/4/2021 13:01

Thanks spudtheplumber. Gee whose bothered if they do.
The more important thing is that Darren has raised the little he needs at almost parity to the share price
If that's the worst he can say, lol.

[spudtheplumber] 21/4/2021 12:54

He's basically guessing they are 2 spivs looking to flip

[soulsauce] 21/4/2021 12:42

What's the gist of the text chaps?

[spudtheplumber] 21/4/2021 12:40

TW making a few assumptions there Scotty!Time will tell...

[scotty1] 21/4/2021 12:08

I am aware that a number of my colleagues view Panther Metals (PALM) shares as jolly cheap and they may well be right. However today’s news of a small placing just looks grubby and I don’t like the smell of it. Let me explain.

subscription needed to read all,but must admit i agree with some of his comments,i continue to hold.

[pecuniarum copia] 21/4/2021 11:15

extract from Non-Brokered Placing RNS...


...Panther Metals PLC (LSE:PALM) the company focused on mineral exploration in Canada and Australia, is pleased to announce the completion of a private placing for a total of 1,666,666 ordinary shares (the "Placing Shares") at a price of 12p following an unsolicited approach from two high net worth investors raising a total of GBP200,000.


...Following Admission, the Company's total issued share capital consists of 59,529,085 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury.

[spudtheplumber] 21/4/2021 07:39

2 sticky holdersI'm guessing they could be tr1 holders already

[soulsauce] 21/4/2021 07:23

Now that's how to raise money 👍

[mikeh30] 19/4/2021 09:37

I wanna see some buys from Darren's team

[soulsauce] 19/4/2021 09:04

wrtmf all available information should be given to shareholders to make an informed decision, but if we aren't allowed a vote it won't matter and would be extremely disappointing.

spud, nothing clears the head better than a dog walk. I hope to have one of my own later in the year. It's a long time since the passing of my last one but now I can dedicate myself full time so looking forward to it.

I can't disagree with what you are saying. With keeping dilution to a minimum something had to give.
All I would say is that shareholders need more information as to why hiving off Australia as opposed to Canada has come about when what we know so far points to Australia being the better assets.
Darren said in the interview yesterday that both the TSX and ASX are more mining savvy so it isn't that.

I hope Kerim has not being tasked with raising the money and shaking the tin in Australia or we might end up with a couple of old buttons and a bag of magic beans ;-)

[spudtheplumber] 19/4/2021 07:58

Some thoughts from my early morning dog walk.Panther would have had to dilute the best part of 50% to fund what the ASX listing will raise imo.Drill success or other value creation will reflect on Panther's balance sheet (and hopefully sp)We are free to concentrate our limited corporate and financial resources in Canada.This way we move forward on ALL fronts. As our mcap (and liquidity) grow other options become available. I am starting to understand our buisness model much better now (I think lol)

[spudtheplumber] 19/4/2021 07:51

I agree wrt