Polo Resources Share Discussion Threads

[spights] 20/1/2017 06:54

Blk
Up again
.695

[airdrie] 19/1/2017 14:56

Hoooooraayyyyy.

Now your talking. If GCM gets the go ahead which, as the Chinese are now involved I think it probably will, the share price will shoot up. Probably not as much as some would hope. Then there will be the sell off as some folk are only holding till that happens. Then Tang and crew will take their skim. After all is settled down the (hopefully) re-invested funds (diversified)will take the share price still higher but on this time on a more solid and sustainable footing.
So in my opinion Polo has along, long way to go but there will be ups and downs.
Patience will be it's own reward here and buy on the dips.

[roomb] 19/1/2017 14:18

Yes, an encouraging minor share price rise. There's still a long way to go to 30p though. You could be right-maybe a rabbit will be pulled out of the hat soon. GCM????

[airdrie] 19/1/2017 14:04

Another nice little rise again. News in the pipeline perhaps?
Roomb your profit is rising. What's your profit percentage now? You have got to be at least the tiniest bit positive/bullish now. Will we see positive comment?

[888icb] 18/1/2017 17:43

GCM's "new" shareholder declared today with 8.94% also revealed that they crossed the 3% threshold in August 2016 and continued to acquire each month. A positive move it would seem.

[airdrie] 18/1/2017 14:18

Polo continues to have the long steady climb upwards with plenty of good news in the pipeline. Very encouraging recovery. Looking forward to see what new investments the team pick up.

[jennis2002] 18/1/2017 12:54

agm on the 25th, I expect new investment soon after, topped up today.
fundamentals and certain shares in the portfolio and cash worth more than current share price
plus access to gcm high risk/reward gamble.
been allot of big buys 7 and under recently.
gl all

[acamas] 18/1/2017 08:34

There is the saying "put your money where you mouth is" and Tang has done that in this instance. He is letting us know his sincerity to these two shares

[acamas] 18/1/2017 08:31

mistake and duplicate post

[qackers] 18/1/2017 08:13

Re conflict of interest, I would have thought it was a positive thing if the chairman puts his own money where he is putting ours. I would have thought that all interests are in line with each other. That my opinion anyway.

[jennis2002] 18/1/2017 07:28

topped up my blk investment today at .62 having entered at .48
might buy more polo later, too cheap with blk and hibiscus doing so well, not to mention our market caps in sterling so they're worth more now anyways.

[folderboy] 18/1/2017 07:20

Blk up . . . well, on past experience, we know what that means here today!

[spights] 18/1/2017 07:05

Blk up over 12%
.68

[airdrie] 18/1/2017 02:31

I know what your saying. Bit like GCM.
A few of my other investments are in a similar position. Don't know if it's common practice perhaps others could confirm.

[shawzie] 18/1/2017 00:34

Airdrie
You will appreciate that I raised a question.
Polo Resources has invested in Hibiscus.
It appears that at the same time, Mr Tang personally invested in Hibiscus along with his own investment vehicle i.e. Mettiz Capital.
My question really was - is there a conflict of interest when the Chairman or Chief Executive of a listed company invests his own money and that of the company in which he is Chairman, into the same company - at the same time?

[airdrie] 17/1/2017 17:25

The conflict of interest. Could you expand further please

[shawzie] 17/1/2017 17:20

Airdrie
Which post and what do you not understand?
Shawzie

[airdrie] 17/1/2017 17:09

Could you explain your post please Shawzie

[shawzie] 17/1/2017 17:02

Is this not a conflict of interest?
Hibiscus Shareholding Changes
Date Shares Director/Substantial Shareholder

19 Jul 2016 Acquired
48,900,000 Polo Investments Limited
19 Jul 2016 Acquired
138,900,000 Datuk Michael Tang Vee Mun
19 Jul 2016 Acquired
138,900,000 Mettiz Capital Limited
19 Jul 2016 Acquired
138,900,000 Polo Resources Limited

[shawzie] 17/1/2017 16:40

Blackham - production for October, November and December 2016.
Quarterly gold production totalled 9,240oz with 5,010oz produced in the month of December.
Crushing and grinding throughput rates increased through the quarter which coincided with an increase in the mill feed grade from November through to December.
The gold plant has been commissioned on a mixture of historical stockpiles and lower grade Matilda open pit ore. The mill head grade progressively increased over the quarter as the open pits deepened but only a small quantity of Golden Age was processed during the quarter. Most of the Golden Age development ore mined to date (currently grading 5.0g/t) has been stockpiled for processing and as such the mill feed grade profile is expected to increase over the March quarter.

[spights] 17/1/2017 14:29

hxxp://www.hibiscuspetroleum.com/information-for-shareholders
Up today

[888icb] 16/1/2017 22:39

If you are only interested in GCM why don't you sell your Polo shares and invest the money directly in GCM?

[roomb] 16/1/2017 14:37

SO what's misleading? The share price IS where it was in November of last year, isn't it?
The share price is a fraction of what it was when Dattels was at the helm? What's so "negative"about facing the facts? Yes, Tang has made two good investments so far, and I hope that the prices of gold and oil rise to the stratosphere. But so far there has been no significant movement towards 30p, which is where we used to be. If it makes you happy to speculate that I am shorting this share ( I'm not, and have never shorted any share) please continue with your conspiracy theories.I'm holding in the hope that GCM comes off. That could take us much higher than 30p.

[spights] 16/1/2017 07:00

Blk .605
Up today

[airdrie] 15/1/2017 18:20

Same old Roomb.
This was my last post addressed to you Roomb because your consistent, unjustly negative and misleading comments have become utterly boring and pointless to counter.
You do realise possible new investors sometimes do read the BB to gauge the mood of a stock before investing. You say you are long but you post constant unin formative negative drool and sometimes even deliberate misleading info.
I for one don't actually believe you are long and others probably suspect the same.
If you are long as you say why not take your investment and profit and invest it somewhere where you have more confidence like a Dattels project.
That was a rhetorical question by the way Roomb.