Patagonia Gold Share Discussion Threads

[eblitz1] 09/5/2018 08:45

Dexdringle
Hi, That is true but on the other hand I think you will find that one of the reasons or maybe the only reason for doing this is to get institutions to buy into the Company as most institutions say that the share price has to be over a certain amount for them to invest. I hope I am right

[dexdringle] 09/5/2018 08:41

...in my experience consolidation merely presents an opportunity for the share price to fall.

When the price of individual shares is near zero there isn't too much leeway for falls. If you boost up the price by reducing the number of shares you create a situation where there is then some fresh downward space......

[perinok] 09/5/2018 08:16

So what do you guys make of the 100 to 1 consolidation news from yesterday?

[anley] 03/5/2018 15:22

Well why not wait until next week when the AGM takes place and hopefully there will be some more news on how they are getting on.........

Gold is looking a very interesting proposition.

[investment dave] 02/5/2018 22:12

These are getting to be pretty dam boring shares!!

[hazl] 24/4/2018 22:15

precious metals.........

[kirk 6] 24/4/2018 22:08

Prime minister prices?

[hazl] 24/4/2018 20:32

PM Prices up.

[goldenshare888] 15/4/2018 08:31

It's possible.

[kirk 6] 14/4/2018 14:52

Also the average gold price Patagonia realised at was 1258! It's is now 1340 and I think with the macro political environment gold will go to around 1800 which will mean using your time frame (2-3 years) I think we could be more than 400m mkp

[kirk 6] 14/4/2018 14:24

Doing really well I meant by doing much better ! The forecast is 59k this year from cap-oeste which is higher than the last update and with drilling in September and other investments I think 300m mkp is possible.

[lochlea] 14/4/2018 13:56

PGD is not "really doing well". They have invested well over £300m for a return of that investment being a realistic net earnings potential of circa £25m pa. That is of course if PoG stays on average at current levels.
Why that sort of IRR would justify a MC of "300-400m" is beyond me.

What is clearly happening is PGD is turning a corner. And potentially a good recovery play. And if Calcatreu can start producing in 2-3 years time then it'll be a different ball game.

[eblitz1] 14/4/2018 11:55

Hello Kirk
How do you justify those figures

[kirk 6] 13/4/2018 22:58

The company is doing really wellNow with increased revenues and big targets for 2018. If gold stays above 1300 I just can't see why this should not be a 300-400m mkp company.

[chutes01] 13/4/2018 17:16

Will settle around 130p
Useless for trading now

[hazl] 13/4/2018 16:28

gold marching ahead again.......

[kirk 6] 12/4/2018 08:04

Production target for 2018 is very good nearly 60k that is some ramp up from last year

[hazl] 12/4/2018 07:36

Announcement capital reorganisation.

[kirk 6] 11/4/2018 16:54

Hazl have you seen the gold price ?

[hazl] 11/4/2018 08:49

Well it's on a roll I don't know about anything else!
This and APPS are my faves at the moment!

[kirk 6] 09/4/2018 22:02

Loch is right it probably is a rollover

[lochlea] 09/4/2018 20:28

Hi eblitz

It is an odd one I grant you to be a rollover.


06-Apr-18 08:20:44 1.4018p 2,800,000


06-Apr-18 08:20:33 1.40p 2,800,000

[eblitz1] 09/4/2018 20:08

Hi Lochlea
I understand your opinion but how can it be a rollover on the first day
of a new F/Y. It would be no good for the holder or the MM

[lochlea] 09/4/2018 19:49

Looks like a rollover trade on 6 April to me.