Petropavlovsk Share Discussion Threads

[rochdae] 05/6/2019 11:54

Casual47, I disagree on the gold price. A break of 1370 could see a significant move further north. Great multiplier effect for POG with 50 million extra profit on each $100 rise in gold. Plus it opens up more lower grade processing in their autoclaves.

POG produced 422K last year with production rising to 500k this year. Possibly more with POX..

[route1] 05/6/2019 10:30

Stagnant.......,good choice of word,Even with all the events of recent times share price remains. ....well STAGNANT!!!!

[davidlloyd] 04/6/2019 19:32

Unless you are in BIDS and DISH 😀. Making me feel much better given my stagnant POG holding. Thought things had aligned here for a move north at least 6 months ago......
hey ho...
DL

[bambo1] 04/6/2019 16:03

Yes, everything you say is true casual47.

[casual47] 04/6/2019 12:05

Just look at the gold chart of the last 6 years. We've been here before, repeatedly. Doesn't anyone learn? The odds are against us for gold to maintain the current price for long, let alone see further increases.

There is, for the time being, no reason to suspect events and macros will see a breakout from that pattern.

Also, summer is around the corner - it is very rare for the summer period to be anything but miserable for investors.

[bambo1] 04/6/2019 11:56

Something still wrong with POG, does not want to move higher. Another move higher with gold might help.

[rochdae] 03/6/2019 21:20

Yes edjge2,

Key inflection point for gold is 1370. That will be incredibly bullish and open up a new range. I expect that this year sometime. Will gear POG's revenue significantly.

Capital market day soon, too. Update on autoclaves and production.

[bambo1] 03/6/2019 18:34

That is what we need edjge2, as I can't see the share price making any dramatic moves until that happens.

[edjge2] 03/6/2019 11:12

Metals on he up should seriously reduce debt here.

[bambo1] 01/6/2019 20:07

I don't ever expect to make a profit, recovering some of my huge losses would be nice though. :)

[lawrence thirteen] 01/6/2019 15:19

Be nice to make a bloody Prophet. that's for sure

[bambo1] 01/6/2019 12:01

Brilliant prediction rochdae, I now believe everything you say, you are like one of those prophet in the bible.

In fact this is the forth time this year it has travelled through the $1,300 level, this must make you the very best ever prophet of all time.

Please tell me, will it rain this year?

[rochdae] 31/5/2019 16:00

There we go as predicted. Gold through 1300 and iron ore at 1.04... All good for POG.

[juju44] 25/5/2019 08:53

It is gearing up for the next move north - believe the leaves

[bambo1] 25/5/2019 08:25

As if anybody would be plank enough to load up on this really risky share and not expect it to go up.....

Obviously none of the management in POG expect it to go up as the only recent activity there, has been to sell their shares, no planks in the management then.

[bambo1] 25/5/2019 08:19

The strange thing is that the little girl that keeps submitting posts saying we are about to have a huge increase in the share price keeps changing her sign in details and after she submits a post she then usually submits another post under another name saying how much she agrees with herself. I hope she spends the £2 she gets for each post wisely.

[bambo1] 25/5/2019 07:45

I have been expecting it to go up for 10 years and for 10 year 90% of the posters on here have been saying this share is going to fly high tomorrow, but as we all know tomorrow never comes.

[greenelf] 24/5/2019 12:47

As if anybody would be plank enough to load up on this really risky share and not expect it to go up..

[bambo1] 24/5/2019 12:39

casual47 - Thank you for your last post, it is a view I share and is balanced. :)

[bambo1] 24/5/2019 12:23

A negative comment amongst a content stream of overly positive comments from the many trying ramp up this stock is meant to bring a balanced picture for anyone looking to trade. I am quite confident that I am probably the biggest investor and hold the most shares of all those posting on here so I will be delighted to see this explode on the upside, but I don't want to see others be led into believing those that paint a overly rosy picture, so I will continue to submit posts that in my view balance things out.

[casual47] 24/5/2019 09:12

I still hold my view that POG, like most other stock, will see the shareprice soften over the usual summer doldrums and then late q3/q4 could be the turnaround for POG (or not). But until then I expect the shareprice to be largely unchanged and on average around 8p, give or take half a penny.

[casual47] 24/5/2019 09:05

Bambo, there is no no reason to believe gold will seriously underperform this year when looking at the average yearly gold price. I don't know why you keep hammering on about this. The consensus view across all gold watchers is that gold will keep strengthening and many believe $1400/oz will be achieved sooner than later.

The average yearly gold price has been going up last couple of years and you can see from the gold chart that since December 2015 the big spikes downward are at higher and higher lows.

The gold price in rubles is still near a multi-year high.

I can only conclude that you are either unnecessarily pessimistic or a deramper. I don't mind either as it's useful to have many voices and a range of views but it does get a bit tedious to see the same shaggy dog story repeated on a nearly daily basis.

[bambo1] 24/5/2019 08:56

Gold certainly looks as if it is heading south, was $1,346 mid Feb, then down to $1,310 mid March, then further down to $1,288 mid April, then down again to $1,276 mid May. The question is how low can it go now that it seems to be on a sustained downer?

[rochdae] 23/5/2019 16:36

Iron ore now $120 for 65% fines.... Gold set for another surge past 1300..imo.

[bambo1] 22/5/2019 09:25

galeforce1 - The gold price dropping is not only an opportunity to buy these shares at a cheaper price, it is also a worrying time for the survival of this company due to the cost of servicing the huge debt. If it drops too far we will quickly go into receivership. I do agree that things are looking much better for this company, but we do not want to see a dropping gold price.