Pure Gold Mining Share Discussion Threads

[richgit] 08/4/2021 12:23

Ginko3

There is nothing extreme in understanding what is coming,I suggest you fully
digest what The World Economic Forum has planned(Klauss Schwab-Bill Gates etc)
in De-Population and eventual full control over us by the United Nations,hence their planned Psychopathic Financial destruction of the United States of America
-handing it into the Control of the Chinese.
That has been happening for years and now Biden/Kamala Harris (bought and paid for by China)will open the flood gates.




There is no conspiracy theory for what is actually fully in the Public Domain (albeit well hidden under the current regime of mass controlled - Main Media 24/7 Propaganda)

See Event 201.for all the Pre-Planning for what was unleashed months later.

It is all related to "Gold/Silver" and if you do not follow the truth of what is particularly happening (planned to happen) in the US then you will leave yourself
open to an Ignorance is not bliss-awakening.

I merely offer my reasons to own Gold/Silver as at least some means of protection
from what is coming.


That`s it from Me- I may comment when the Team behind PUR give us more news.

[ginko3] 08/4/2021 11:15

Richgit; you were doing well until the last three paragraphs . . . no room for extreme politics on here ITS A SHARE DISCUSSION BOARD . . .filtered

[richgit] 08/4/2021 11:06

I was a late comer to PUR-as Eric Sprott opened my eyes to the Potential.

I spent weeks researching,and then on a 5 year view I accumulated 200,000 shares
at circa £1.

That took a lot of soul searching as over the years of investing in Gold stocks
my successes were from buying into circa £20Million Market Caps and hoping to sell them at £250 Million,yet the story of massive potential growth is overwhelming with such high grade Gold that goes deep + deeper(for the future growth).

I was somewhat mindful of the fact that those holding at a much lower price than I,
could understandably take their profits,especially in any falsely created bad sentiment period for Gold.

On a 5 year view with the immense growth potentials,I decided that £1 a share would
see me right if any of that potential is gradually unlocked,and of course I can always buy more -up or down.

There is a powerful team of experts running this + very serious Investors that see
far beyond the average Investor.

Out of the Dozens of Gold stocks I own,the only one that could challenge PUR`s
high grades is Shanta Gold`s West Kenya holdings,which for those that prefer
safer Countries may not like the risks.


Taking the view that such Powerful entitities want to see if PUR will be another
in the $Billions valued Gold Company,I will stick with their view.

In a few years, I and others will know,and we will also know if We still have to Hold Gold and Silver even longer as protection from current widespread Governmental Medical Tyranny and the fully planned (by the Word Economic Forum) destruction of the US financially ie: $Dollar.

If Alzheimers Crime Family Boss Biden, and the most hated by all, Kamala Harris
(who is the current real acting President)are not somehow stopped by US Citizens,then the US will be destroyed in the 4 year Freak Show unfolding,that is also unfolding in the UK and Europe.



IMHO

[ginko3] 07/4/2021 08:53

I tend to agree with you Goldrush, Sprott won't be comfortable being in a loss-making position especially as he probably got in at a decent discount. If they can't get this turned around in the next 6 months I'd expect heads to start rolling.

[goldrush] 06/4/2021 17:41

soul

I have averaged down a little today....as I said last week they know they have to get production fixed....they will have got the message from Sprott so I think they will give news on a monthly basis as things are fixed....IMHO

[soulsauce] 06/4/2021 17:11

Looks to be bottoming but I still wouldn't buy until I know management have got a handle on production issues and start up teething problems.

[saucepan] 06/4/2021 16:31

The share price may now be finding support at the 61.8% retracement of the whole move from March 2020 lows to December 2020 highs.

Judging by sentiment here I get a sense of retail investor final capitulation, but stock from weaker hands has been bought by someone? I have bought a few today, but would be quick to exit if further weakness continues.

Gold itself looking a bit better after weakness of recent weeks.

[ginko3] 06/4/2021 15:16

Hoping we're very close to the bottom now, support at around 75p but lets hope we don't need it

[atlantic57] 06/4/2021 12:31

I have finally managed to bale out .

Consistent Director selling ahead of a very poor operational update does not give me any confidence in this management group particularly at a time when there seems little prospect of gold going on an impulsive run upwards

[11_percent] 06/4/2021 10:54

People are getting out.

Looks like peeps have had time to have a think over the 4 day weekend......and decided to bail.

[ginko3] 06/4/2021 09:25

Unfortunately just because a management team is good at finding a resource and developing a mine, it doesn't mean that they are also good at running a company on a day to day basis and in my mind this team still has an awful lot to prove. At a minimum, they must put a stop to the continual selling of shares by directors and prove that they can get more than a few feet underground without hitting 'Unexpected' obstacles. It beggars belief that at this early stage they are encountering things underground that were not known about!

[atlantic57] 06/4/2021 09:17

The Rns has made no difference to the share price
Long term good news.

I have been trying to sell the rest of my holding all morning without success.

[beergut] 06/4/2021 08:38

I thought this would happened. Produce disappointing results lots of stop losses get hit and then 2 days later issue great deal results and the price goes up again.

Seen it so many times the worst case was Centamin 5 or 10 years ago.

[jeanesy] 06/4/2021 08:04

With canadian price below 80p i have taken it as an opportunity to sell out for now. I will watch from the sidelines for now.

[atlantic57] 04/4/2021 18:27

I have sold half at a big loss and I will be selling the other half at a bigger loss.

Hindsight is a great teacher.The share price has been consistently falling ahead of what has turned out to be a very poor update.

Yes over time it will recover and Sprotts presence is comforting .
How much time it will take is open to debate maybe 2 to 3 years

[loafofbread] 04/4/2021 18:13

Most of the insider sales of free option/shares were at £1.50+ so perhaps they may start buying them back at 80p?

[bwana4] 02/4/2021 19:39

LOL😊 Jeanesy.
We have been mugged by the BoD !!
They knew what was happening !!
For the love of money some would sell their grandma's !!
Talk about morals,towards whom ?
Experience of the BoD?? Yes !! They know how to mug PI's.
Yes Sprott will do fine in the long run !! What about the PI's that paid over £1.70 per share ??
My sincere feelings of sympathy towards them. Just my plain views.
Happy Easter all and be safe.
ATB.

[jeanesy] 02/4/2021 10:31

Sadly looks like a below 80p start on tuesday here ! Dreadful week for my portfolio with TXP as well. The signs were there I suppose , I just chose to ignore them. Lets hope that some better news comes quickly here . Teething problems are to be expected with a new mine start up, Yes i knew that , but the management here had lots and lots of experience so really disappointing that things have started so poorly.

[goodgrief] 02/4/2021 08:40

Putting a mine into production rarely (in my experience of holding pre-production co's) goes smoothly. Two choices... suck it up or sell out. Sprotts doing the former.

[podgyted] 01/4/2021 22:37

Went badly in NA tonight.

[goldrush] 01/4/2021 17:06

Mufprat

I think there will be upgrades to the resources from good drilling results which will help....BUT the emphasis I am sure is getting grade control sorted and volume....Sprott has been the provider of all the Loans and Streaming Deal totalling around CAN $180m on the balance sheet so far with the US$$12.5 today to be added...... I am sure operationally they must get the income coming through this Quarter or Sprott will ensure there are changes afoot....IMHO.....As I said the M+A Director will have a different job protecting a takeover which Sprott will be behind if they don't get grades up to the planned level....or he will be leaving the Co

[meanreverter] 01/4/2021 16:25

Mufprat: “Typical AIM I guess.”
bwana4: “!! Oh' well such is life at times in the AIM !!”

Well, that's two people agreeing on this thread.

[mufprat] 01/4/2021 15:12

Hi Goldrush. All good points and like you, if Sprotts were not still onboard I'd take the loss. Assuming that the board can follow up this bad news with an uplift to the resource subsequent to further exploration the picture will soon change. Hopefully the reverse will not prove true.