Patagonia Gold Share Discussion Threads

[dexdringle] 06/12/2017 14:35

"luni2 6 Dec '17 - 10:48 - 12749 of 12749

Um! Anyone take 30p or even 10p for their shares now ha ha! You ain't never gonna even see 1p ever again, oh unless they have a share consolidation! I reckon that'll be next"

Thanks for that. Is there not some unfortunate homeless person in the street that you could go and have a 'gloat' at rather than wasting your time posting here ?

[luni2] 06/12/2017 10:48

Um! Anyone take 30p or even 10p for their shares now ha ha! You ain't never gonna even see 1p ever again, oh unless they have a share consolidation! I reckon that'll be next

[lochlea] 06/12/2017 09:28

Funny how the fairly chunky sells being drip-fed for months on end - that effectively kicked the *uck out of the share price/value - ceased as soon as the Placement doc got published.

Has this stock been manipulated for the benefit of a certain party? Yet again?

[bo doodak] 28/11/2017 16:31

If they happen not to be the seller, uptake of their rights could indicate confidence going private should not be imminent

[justino] 28/11/2017 16:13

Actually i think that i'm wrong.

Van Eck shows 38 million and also 9.65m but i think the 9.65m is what they might be able to subscribe for in the placing.

It still could be them selling though, possibly wouldn't report until they've cleared the lot.

[kirk 6] 28/11/2017 15:52

Justino - how do you know this? Would be great if it's true as it puts a justifications as to why the selling has been constant. If this clears then I would suggest there is a big recovery likely.

[justino] 28/11/2017 15:36

Idle Jack:

Seems you are right. As of yesterday Van Eck have dropped from 38 million to 9 million shares. Assuming they are dumping their entire holding shouldn't be too many days before they're out.

[wigwammer] 28/11/2017 09:43

Heavens above. That could be true!

[hungary16] 28/11/2017 09:18

I understood is was an investment company and is the major shareholder of Quilvest !

[wigwammer] 28/11/2017 09:03

Wow. Incredible insight.Anyone know anything about Arconas?

[hungary16] 28/11/2017 08:46

All tied up with Miguens !

[wigwammer] 27/11/2017 21:19

Does anyone know any background on arconas/quilvest? With an 8%+ stake they will need to be consulted/appeased at some point.

[wigwammer] 27/11/2017 21:15

Please read the statements.Perhaps then your point may sound vaguely relevant to PGD.

[wigwammer] 27/11/2017 14:40

Lochlea - you miss the point. if they complete the plan they will repay the debt.If the starting point for discussion is they will "never" complete the plan then of course, the debt will not be paid. Not much of a discussion though.

[lochlea] 27/11/2017 13:43

wigwammer

Trouble is PGD never deliver on their plans.

Read the history.

[kirk 6] 27/11/2017 13:43

Andy what is the point in that then?? So you would have to ring their secretary to buy or sell shares? You could also turn it on it's head and would see a load of buying not wanting to miss all the money been spent and huge resource?

[wigwammer] 27/11/2017 12:23

"it would take forever to repay it even if they increase the Resource"If all goes to plan it will take around 12 months to repay it.Read the statements.

[hungary16] 27/11/2017 11:26

Miguens will purchase our shares at or about the then share price which , of course , will be low ! The company has massive debt and it would take forever to repay it even if they increase the Resource.

[andy] 26/11/2017 17:35

kirk6,

It would mean you could only trade shares via the company secretary, rather than on a regulated exchange.


I would imagine that would lead to an exodus of holders upon announcement, further driving down the share price.

[kirk 6] 24/11/2017 15:30

Wig yes agreed but wonder what it would mean to go private

[idle jack] 24/11/2017 15:21

Strange van eck show pgd holdings twice . One still says 38million. Other says 9 million.

[wigwammer] 24/11/2017 15:03

"This will go private - at the expense of shareholders !"Then again, it may not.They have just announced a significant resource upgrade, the investments made are about to generate cash, the debt will be paid down, and they can reinvest in the more promising projects. From a £24m starting valuation - this could multiply many fold. Risk and reward.

[hazl] 24/11/2017 15:01

I don't know but it looks as though they are trying to get it as cheap as possible.
IMO