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There are several other BBs Stewy.
It sometimes just takes one pump(er) to be taken seriously and the sheep will follow.
There certainly was pumping of this stock on other platforms as soon as the price started to shift quickly last week when it was well sub 1p....... sorry £1..
EXACTLY my point......... ref 'pump & dump'!!
FFS mushty....... give it a rest m8........ you obviously haven't been following this saga.
??
quiet.....even!
To correct my post below.
It's the cash burn that's been circa £200m over past 15 years.
The CP's investment probably in the region of £125m.
With Options etc a £10 disposal would value the Company at circa £300m,
Which probably sounds about fair value and a realistic acquisition offer as things stand.
However my back of the fag calcs thinks the CP have pumped in circa £200m over past 15 years, so they'd have to take a little bit of a hit to sell at £10 per share.
Maybe they have had enough? Who knows? It's certainly been a long hard slog with very little financial reward/return for them.
Personally I'd bite their hands off and vote for £10 if it was the offer. IF. It's a BIG 'if' of course.
Cookie back in then???? LOL.
3p (or £3 equiv today) in a SINGLE trading session.
Okay that was many moons ago when they were being confident of having several production properties yielding 200k ozs pa.
Maybe the good days are finally here again after reaching rock bottom........ after what seems like a lifetime of fundraising & share dilutions.
Certainly hope that the fortunes for the loyal long-term holders are to be rewarded for their patience.
I genuinely take my hat off to Miguens. If it wasn't for him (& his family) and his deep pocket this Company would surely have folded many years ago.
He has every incentive to oversee this being a major recovery play.
Sometimes the past is everything. It's as good a yardstick as any to judge performance either individually or collectively. 15 years worth with PGD provides loads of material.
The share consolidation is a complete red herring and the reason published by the Company for doing it - is entirely valid. End of.
There was a time that the Concert Party owned only 45 million shares yet it still represented over 25% of the Company.
There was a time long ago PGD was doing an acquisition deal with Barrick not too dissimilar to recent deal with Goldcorp. PGD has been a gold producer for past 5 years now. The sp has tanked in that time.
Not being negative. Just being even handed looking at the pros & cons.
What's NOT to like about PGD:-
It's certainly imho currently a good entry point as it seems to be on the floor....... with loads of potential. Mind you, it's never seemingly been short of potential in 15 years of trading on AIM.
If you invested when it launched on AIM you'd be today sitting on a paper loss of circa 95%.
If you invested when directors were buying on the open market at 36p (pre consolidation) and issuing Options at 50p you'd be sitting on 99% loss today. That's what's not to like!!!!!
But I'm sure Stewy will agree with you that the 100:1 share consolidation was a corporate master stroke.
yesterday MMs simply trying to stimulate some buying interest with the numerous tiny individual rises in sp.
Didn't seem to have much affect. Now trying to lessen the spread to promote some interest. Still spread at 8% so not likely.
Almost 3 months since drilling started at Calcatreu........ surely an update any day now??
hope this isn't only a case of him getting out quickly to remove himself from any liability/responsibility.
Notice Mark Jones NOT mentioned as a contact point for the first time ever. Significant??
Bit of a concern we've heard nowt so far from drilling.
On AIM there's no such thing as a permanent suspension. It's either suspension (which is always temporary) or it's a delisting.
By my reckoning about 50% of CRA shares are in safe hands. 50% not so.
My only concern here is IF in their speed to secure funding they didn't complete due diligence on what they signed up for with any of the lenders. And in the small print there's the ability for a lender by way of guarantees/security to take ownership in the event of even a minor default by the Company.
Unfortunately I've seen it happen with another mining Company - CMR.
Pray that ain't the case here.
Okay icepick....... stand corrected....should have said trading again as opposed to relisted........... fully appreciate there's a difference between delisted & suspended.
Yeah right.
Just 'cause you say it - doesn''t mean it's true.
Don't know why you post on here anyway given that you don't hold a position. Especially given the content of your posts which only echo "I told you so".
Please come back when this stock is relisted & giving a good return to genuine holders....... and genuine folks.
d l r
You are CW10, pal................... the same individual that has endlessly trolled this stock under different nicks here, there & everywhere.
You need to get out more and stop being so bitter & twisted.
Since when did a RTO ever be essentially the same Company afterwards?????
Different drivers. Different /new investors that rescued ALO from extinction and took it to production.
Cradle Arc has not been suspended before.
ALO was suspended for 15 months.
Different main players involved.
Different business case given the fact that CRA was producing revenue, Something ALO never did,
Sad how many non-holders like to come on and be ultra negative & gloat, eh? Constructive & informative criticism is fine, but you read very little of that on these BBs.