Pembridge Resources Share Discussion Threads

[dave4545] 26/7/2021 12:50

According to one person it's oversubscribed so they have upped the amount of money Minto are raising.

Avery good sign so it looks nailed on Pere's stake will be worth at least double
the current price.

As always punters are asleep, well not all as there's been a few buys.

[dave4545] 26/7/2021 11:18

Yep, so still a half price sale but it's getting noticed now.

[imjustdandy] 26/7/2021 10:45

Not worried about P&D. Nav is closer to 15p on the IPO and that's all that counts

[dave4545] 26/7/2021 10:37

Also shows how impatience costs people money. That seller on Friday getting last lot out at 6p when it's 6.5p now, throwing money away.

[dave4545] 26/7/2021 10:33

Just off the radar. If it gets up 20-30% then the pump and dumpers buy in for a fast buck like the last couple of spikes.

Just a nice feeling that you know at some point this should trade at double figures soon when the Minto float gets closer and closer

[imjustdandy] 26/7/2021 09:54

Minto listing worth $CAD200M when it lists in 4 weeks time. Could easily see $CAD400M quickly. Pembridge massively undervalued - serious disconnect between our current share price and MINTO. That gap will close considerably when Minto arrives onto the Canadian Stock Exchange.

[dave4545] 26/7/2021 09:12

mm's hide the bigger trades so day traders do not know if somebody has bought a big block of stock and might sell way lower before the trade shows and vice versa.

It's basically a money making device for the market makers.

Still a half price sale here, if the Minto float goes ahead Pere stake will be worth twice the current market cap here.

[herpes free now] 26/7/2021 09:00

That seems to happen frequently, my buys and sells usually don't show on ADFVN trades until sometime later, is the any significance in this?

[dave4545] 26/7/2021 08:49

150k was bought and the trade did not show until 1 hour after their purchase

[herpes free now] 26/7/2021 08:25

Hi Dave what does a "delayed buy" mean? Thanks.

[dave4545] 26/7/2021 08:17

150k delayed buy nice.

Value is there still

[dave4545] 24/7/2021 12:16

Over $200 mil Cad float.

Pere to take part in funding to maintain their 11% stake or around that level.

It's £115 million, 11% is £12.65 million

Market cap is £5.67 mil.

So to get to NAV the price needs to get to 14p and people are selling for 6-6.25p atm

Looks a excellent bet to double your money on the float.

[dave4545] 24/7/2021 12:13

This go-public RTO represents the next chapter in the Minto story and an opportunity for new investors to get involved in a growing business. Minto's value has been shown by the recently published NI 43-101 Preliminary Economic Assessment Technical Report, which confirms an 8 year life of mine with potential for further extension. At current copper prices the economic model prepared as part of the NI 43-101 PEA, supports the expected market capitalization of Minto Metals of more than CAD$200 million after the capital raise. Good progress has already been made at Minto and the RTO and associated Minto capital raise will help achieve the further expansion of the mine life, thus revealing the full value of the mine. I strongly believe having 100% of the Minto mine listed on a public exchange should help remove the current disconnect between the Pembridge share price and the materially higher underlying value of Minto.

[dave4545] 23/7/2021 12:14

Desperate day trader now selling more for 6p when 6.25p

[dave4545] 23/7/2021 12:06

And I bet it's them selling again for a loss.

One sale followed by 2 more.

No wonder this is stuck, nobody can hold this stock long enough to make money. Selling at the price the boss is buying more, crazy

[dave4545] 22/7/2021 09:18

200k interest

In the grand scheme of what's to come I have no issue at all, it's peanuts.

[imjustdandy] 22/7/2021 09:15

Funded through to Jan 2023. It won't need any funds based on this monster Minto.

[imjustdandy] 22/7/2021 09:13

Read 18th Jan RNS. Revised facility agreed and co fully funded for 2 years . Minto listing next month will be a hell of a pay day for us shareholders

[soulsauce] 22/7/2021 09:04

I think you might find some were at 12 & 14%.

I hope this finally pays out for holders. Atb.

[imjustdandy] 22/7/2021 08:35

10% interest rate isn't too penal when you consider the value that's about to unleash here in the next few weeks.

[soulsauce] 22/7/2021 07:34

It's not as simple as that imjustdandy.
The 'CEO' has a lot of self interest in PERE in the form of loans paying extortionate amounts of interest.

[dave4545] 22/7/2021 07:32

And me too.

I have 250k of these and if I can sell in the 9-12p range on the Minto hype that will do me. Probably worth a lot more but in this market it seems impossible to get stocks to trade near their rightful values

[imjustdandy] 22/7/2021 07:29

Looks like Minto will list in Canada next month for CAD$200m. We currently have a market cap of £6m, no wonder the CEO has been loading up with shares at these levels.