Pembridge Resources Share Discussion Threads

[mrmark1] 04/3/2022 20:25

Copper is close to $5. Minto is a producing mine and throwing off cash and they drilled in 2021 to extend the mine life. Results from their exploration will be soon. I would rather say PERE is a serious buy at these levels under 5p. It's an opportunity at this m/c, especially when the CAD 4m starts being repaid from revenue at the end of the first Qtr, 3 weeks away.Copper, Gold and Silver producing mine!

[mrmark1] 04/3/2022 20:20

28 July 20212021 Drilling ProgrammeLondon, United Kingdom - Pembridge Resources plc (LSE: PERE) ("Pembridge" or the "Company") is pleased to give an update to Minto Exploration Ltd.'s ("Minto") exploration plans for 2021.On 24 May 2021, Pembridge announced an exploration drilling program aiming to explore undeveloped parts of the licensed Minto Claims in and around the existing deposits and infrastructure that, based on past geophysical surveys and geochemistry, are highly prospective. The first drilling was started on July 20(th) as planned in the Minto North area. This is the first part of a planned 27-hole drill programme. A total of 13,220 metres of drilling is planned for 2021, and the final results from this programme are expected in early 2022.

[trader465] 02/3/2022 15:19

Dave - you seem to be getting a right shafting here, what happened to your 13p prediction my good friend? I see Tops and the crew dumping this dog again, it’s all over twitter, this an easy pump and dump for them to take money from mugs such as yourself sir 🤣

[tomboyb] 23/2/2022 16:34

I actually quite like Dave -

Just one thing though, plz don't make assumptions -

Its impossible to tell what is on the other side of the keyboard -

[trader465] 23/2/2022 16:17

Dave don’t tell me you’re still holding this dog after toptradersadvfn got you in on the spike? Mug.

[tomboyb] 23/2/2022 16:15

Dave, I hold about 30 stocks with 10 trading -

I have 50k left at PERE at 5.15p -

???

[uknighted] 17/1/2022 08:24

RNS

“ Gati Al-Jebouri, Chief Executive Officer and Chairman of the Board of Pembridge said:

"This is an exciting time for Pembridge. Having achieved what, we set out to do with our investment in Minto Metals Corp. we are now in a position to consider the future of growing Pembridge itself. Our single asset portfolio is a very strong basis for growing Pembridge by identifying and investing in new investments that will add value to our company.

In the Strategy Presentation that we have released today, we have set out the nature of projects that we are looking to invest in, and what we would look for in such projects in the copper mining, gold mining, oil and gas and renewable energy sectors. I look forward to updating the market as soon as we identify a project that meets our investment criteria."”

[uknighted] 17/12/2021 09:31

RNS

The Subscription

The Company has raised GBP320,000 at a subscription price of 5p through the issue of 6,400,000 new ordinary shares of 1p in the Company ("Subscription Shares"). The Company anticipates that admission of the New Ordinary Shares will occur in two separate tranches according to available headroom.

An application has been made for 3,200,000 New Ordinary Shares to be admitted to trading on the official list and the London Stock Exchange with effect from 8.00 a.m. on 23 December 2021 ("Admission").

The Company anticipates that the admission of the balance of the Subscription Shares will be at or around 14 January 2022. A further announcement will be made with regard to the admission of the balance of 3,200,000 Subscription Shares.

Convertible Loan

The Company has raised GBP80,000 through the issue of a CL to Gati Al-Jebouri , the Company's Chief Executive Officer and Chairman . This loan carries no interest and is to be converted to new ordinary shares of the Company at an exercise price of 5p on or shortly after 17 May 2022.

[dave4545] 11/12/2021 17:34

shanew48 - 25 Nov 2021 - 20:02:19 - 1634 of 1653


Pembridge Resources - PERE
Yep, should open up at equivalent 13.8p so 20p + possible early next week!

[dave4545] 09/12/2021 20:10

Purely on the valuation you could say that.

I've just looked at the volume chart since Minto started trading. It did manage one "freak day" of 16000 volume but on total since it floated it's done about 20000 shares in total traded or $50k, imagine if it was on Aim it would do that in the first 5 minutes.

Learn from this folks, avoid anything with a stake in a business trading or floating in Canada, these are not freaks it happens on almost every stock.

If Pere could find a buyer to cross their stake at anywhere near the current price then the shares will double instantly but who's going to buy a stake in a totally illiquid exchange ?

Probable value is big dividends if you can hold for many years

[tomboyb] 06/12/2021 08:49

5.5 - 5.75p -

Nutx with previous RNS -

[dave4545] 06/12/2021 08:39

I think that is similar to what I have lost in total with Pere, it's never been my luckiest stock and I was not holding when it spiked to 12p earlier in the year.

Sometimes it's better to sell take the hit and move on than keep suffering.

Ridiculous 29 shares traded on Friday.

They clearly do zero research before floating these companies on a exchange devoid of interest and volumes

[mick1909] 06/12/2021 08:33

Not enough liquidity with this share

[mick1909] 06/12/2021 08:33

Just sold my holding over 300k shares thought there was a quick buck to make with the other listing suffered a 8k loss will make that back hopefully through KEFI

[dave4545] 01/12/2021 15:09

492 volume so far

Why cannot these companies float on Aim instead ?

[dave4545] 01/12/2021 14:52

Perhaps today will be better Mick

Maybe yesterday was a blip.

[mick1909] 01/12/2021 14:51

There are 73 million shares in issue and only 3k traded yesterday so your right hardly traded over there so hard to attribute a value so if PERE owns 11% thats 7.8 million shares approx it would take forever to sell at a rate of 3k a day

[dave4545] 30/11/2021 17:18

1400 share traded in 150 mins.

I ask myself does anybody trade shares in Canada because every time I check a share on their markets there is pitiful volume

Pere will not trade anywhere near the paper valuation of Minto because of the liquidity, unless they can find a institution to take size from them they cannot sell any.

This happened with FFWD/SEED who floated Yooma on there instead of Aim and is 0.24 having started at 1 and reaching 1.5 on very low volumes.

Seems to be a country and exchanges for shares to avoid.

I took a loss late on to move on, I've been holding too long and just had enough.

I hope liquidity improves for those who continue to hold and they can escape with a nice return.