Patagonia Gold Share Discussion Threads

[dexdringle] 07/9/2018 08:54

I've had these so long I've just had to check my average 'in' price.

It is £3.45 (new money so 3.5p old money).

Not ever expecting to see my money back. May as well just sit on it now and see what happens.....

[lochlea] 06/9/2018 20:32

Yet another kick in the balls, eh? Have we reached a new low to sell at 0.7p (pre-consolidation price)?
Hard to take that this was once same price as today ie 70p BUT before a 100:1 consolidation!!! What chance a 100 bagger from here???

At least there's still - in theory - considerable potential here if you're holding is sub 3p (sorry £3).
Been a long time since there was an upward trend to the share price performance. A very long time! 8 years??? Surely got to turn the another way sometime?

EDIT: maybe this is the signal to develop properties held in other countries like Uruguay & Chile??? Remember Uruguay?? LOL

[kirk 6] 01/9/2018 10:01

Having said that there is still massive potential upside here but the leadership need changing ASAP

[anley] 31/8/2018 17:04

LOCHLEA.......I am not a ramper and have no need to be one.

I was told he may be coming as the half yearly figures are due soon and he may want to meet certain shareholders which I don't think will be you.

If you feel unhappy there is the sell button you can push.

[lochlea] 30/8/2018 11:21

No need for no tank........ as of course he ain't coming to London in Sept/Oct.
That's just BB misleading ramping nonsense.

Suspect there'll be the usual webcast/presentation from Argentina ref half year performance in about 3-4 weeks time.

[dexdringle] 29/8/2018 15:53

….lets hope it is a 'gold plated' tank so it can be melted down and used to pay a dividend to all long standing and loyal shareholders....

[kirk 6] 29/8/2018 15:40

He should be crucified for doing that crazy consolidation. Is he coming in a tank?

[lochlea] 29/8/2018 15:31

anley

Where's he going to be in London in Sept/Oct time? And why?
Certainly won't be just for the half year figs.

[dexdringle] 29/8/2018 13:46

Are we sure he'll be able to find his way to London ? I mean, after all, he does struggle to find things. Like gold deposits for example......

[anley] 29/8/2018 13:25

Wait for September/October for news as the CEO comes to London to tell us what he is up to...........

[lochlea] 22/8/2018 09:05

No. Never. But in fairness they haven't published that many.
As I understand it - the actual achieved for H1 2018 is slightly more than guidance for H2. Given that H1 had labour disruptions, national strike & severe weather conditions then H2 should in theory be a breeze to achieve?!

Now about 6 months in since CEO said he expected to achieve "significant milestones" in the "ensuing year". Let's hope he delivers on that. Tick Tock.

[dexdringle] 22/8/2018 08:01

.....have they ever hit their production guidance ?

[bo doodak] 21/8/2018 20:34

I've got a shovel they can have:)

[lochlea] 21/8/2018 20:33

The last RNS quoted a production guidance figure of 45k ozs for 2018.

They also stated the average cost for the first 6 months was $668 per oz but I suspect the net margin for the H2 2018 will turn out to be considerably healthier.

[dexdringle] 21/8/2018 13:55

Do I know ? No I don't

I seem to remember it was their own target for the year ?

Are we saying they are setting targets that they simply don't have the wherewithal to achieve ?

[anley] 21/8/2018 10:52

Do you know if they have the equipment to dig up 60K oz after treatment/processing?

[dexdringle] 20/8/2018 14:35

I don't even think it is that complicated. If there is loads of gold just waiting to be dug up we should be able to make a fortune even at $1,000 per oz (or whatever).

If they can just dig up the 60,000oz that would be $78M at current gold prices......

[dexdringle] 20/8/2018 14:35

duplicate post

[anley] 20/8/2018 10:48

Its a good point and should be turned in to a question for an answer by the Board of Directors...............weak Peso V strong US Dollar.

So can he tell us what the gearing factor is if Gold goes up by $10...$25.....and say $50 per oz what profits on say 1000 oz at each of these levels...........

[dexdringle] 18/8/2018 20:51

Yes but PGD is supposed to be digging the stuff out of the ground and if they dig enough out for each $ spent doing that then a weak gold price won't matter....

[hazl] 11/8/2018 10:59

Oh come on it's also about gold's merry dance.
Look at the charts of many miners.
Particularly explorers.

[eblitz1] 11/8/2018 10:37

Kirk
When the main shareholder is the owner how can you kick them out.
This share is a real sad case and I'm over £50k down but have no alternative but to wait. I'm sure I'm in the same boat as everyone else