Phoenix Global Mining Share Discussion Threads

[moreminer] 05/12/2017 08:58

In Holland December 5 is the day we receive presents.
Sort of an early Santa Claus.
So this new 33 claims is a timely present.

Lets see if Jay today also can deliver!

[chrisis33] 05/12/2017 08:52

Very pleased they are expanding their landing - and historic grades look very good. Deeper sulphide drilling still to come this month.

[igbertsponk] 05/12/2017 08:22

All for $6,995! Bargain!

[snowyflake] 05/12/2017 07:32

Yes - interesting.

[zaphod99] 05/12/2017 07:05

70% Increase in Empire Mine Land PositionhTTps://www.investegate.co.uk/phoenix-globalmining/rns/70--increase-in-empire-mine-land-position/201712050700043434Y/

[moreminer] 04/12/2017 11:19

Good jolly morning Rampair!
And indeed, do not despair Rampair!

I do not understand charts and the higher maths plus the sentiment.
Perhaps the recent movement is best explained by a poster from the III Sound board.
It is a serious poster, and it sort of makes sence.
Cheers,
MM

-------------------Billfish 1/12
You forget where we are in the calendar year.
We are in the month where the financial services industry collectively clean out their wheelbarrows in anticipation of collecting their hard earned year end bonuses.

The month where fund managers show amazing fiscal dexterity by applying the lightest of touches to their portfolio and producing massive spikes in price on the day their funds year end value are calculated.

It is not called the Santa Rally for nothing.

Much better to judge the share price in the New Year where the Spring Rally tends to be a more measured and sustainable phenomenon.

[rampair] 04/12/2017 10:43

Cheap & remaining cheap! It is a bit frustrating to say the least. Someone obviously
balancing their books before year end I hope!
We should get these sellers out the way once the drill reports from lower down come in.
However, do not despair, there is a view that we are only seeing a small part of what this orebody has to offer, plus, our board look as though this is a project that they are well used to running, it’s fairly experienced shall we say!

So, we get to buy at IPO prices, at least we are on a level playing field!

Let’s hope Santa brings good cheer...

R.

[snowyflake] 02/12/2017 13:13

I completely agree; the FCO and another had success at Oxus Gold until "it was taken away from them". Dennis Thomas has a wealth of experience and for him and others at their age, PGM is their opportunity to provide for their pensions so to speak; one could say the "last chance saloon" although that is a tad impolite.

The assets are good; great jurisdiction. Whilst there should be continuing demand for copper, there are however mixed views from the pundits as to the future demand for cobalt. And then there are the identified other metals e.g. zinc, silver and gold. I also agree that the stock is cheap.

[deuchar] 02/12/2017 10:45

Snowyflake probably a bit of both. The management is the strongest I've seen ever for a company this size which is why the shares are a sreal.

[zaphod99] 02/12/2017 08:45

US senate approves tax reforms that will see corporation tax drop from 35% to 20%.

[deuchar] 01/12/2017 16:36

There is a tap I suspect from the old days at 40p - stale bulls the stock is being quietly picked up

[moreminer] 01/12/2017 15:41

Any explanation for these trades?

[sos100] 01/12/2017 12:19

there's buyers out there but someone is selling and has been doing since this came to the market..

1.6m and 750k sell yesterday..

[deuchar] 01/12/2017 12:06

Becoming a steal again

[moreminer] 01/12/2017 12:04

It would have preferred all copper has turned into gold.

[davr0s] 01/12/2017 11:10

Has the copper all disappeared?!

[davr0s] 27/11/2017 18:41

Bizarre share price movement looking at today's trades

[deuchar] 27/11/2017 12:50

Thank you SOS100 very useful indeed

[sos100] 27/11/2017 12:05

pretty good presentation.

[moreminer] 25/11/2017 13:18

Snowy,

Indeed a good read.
A sound management and all with finacial back ground.
And I do like the statement "" a low risk development......."

Looking forward to the further drilling results in December.
Cheers

[snowyflake] 25/11/2017 12:30

Rampair: the project(s) will take some time to mature but I am pleased to be in early during the early days of the project.

It is worth rereading the article posted by SOS 100 (83 of 105 8th November) which highlights the success by two of the PGM management Wilkins and Turner with Oxus Gold until, as the article alludes to, they were carved up by the Uzbek government.

First the article confirms the quality of the management of Phoenix; secondly it emphasises the benefit having the Empire mine and the cobalt tenements in a good jurisdiction.

[rampair] 24/11/2017 21:40

Clearly small explorers have a limit to the news flow that can be generated, however
Copper is at a good level and the drilling of deeper levels into the promising Sulphide ore is ongoing and as Snowy alluded to we should get a bit of news to inform us of the potential of the lower orebody.
It’s said that we only have scratched the surface of Empire mine, old data from when the Mine was active gives a good idea of what’s down there.

[snowyflake] 18/11/2017 11:45

MM - previous announced indications are that there will be news in December about the test drilling of the deeper levels below the open pit.

[moreminer] 18/11/2017 08:34

Morning Ramp.

All signals at PGM seem to be on a bright green.

What is the short term time line in the process here?
Thanks.

[rampair] 17/11/2017 21:33

Phoenix has some excellent Geologists, they staked out two properties at each end of the Cobalt belt near the town of Cobalt Idaho, the properties nearby are all taken by Canadian
Miners but because the Phoenix team had worked the area they got the two projects straight from under the noses of some big players!
It would seem that early work has started - from existing budgets, looking forward to
material work after the winter.