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PGI, PANTERRA GOLD LIMITED
Tessie
post Posted: Feb 11 2014, 06:42 PM
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In Reply To: jbmurc's post @ Jan 15 2014, 07:46 PM

Today's action saw the approx. 4M 'Stale' sellers being taken out. All trades bar one were 'Buyers' taking out 'Sellers', a positive move. Streamlining of the Albion process to separate Au from sulphide ores in a 'world-first' appears to be on track and once confirmed will be a Company maker. With confirmation a PE of around 1 will make this the most undervalued resource stock on the ASX.

 
jbmurc
post Posted: Jan 15 2014, 07:46 PM
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In Reply To: arty's post @ Jan 15 2014, 05:35 PM

Yeah I sold out awhile ago ...IMHO not going to see much love till 2nd half of 2014 agree it could well move into the 3's long term hold IMHO short term better buys round like ROC



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arty
post Posted: Jan 15 2014, 05:35 PM
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In Reply To: strongflatwhite's post @ Jan 15 2014, 04:05 PM

No more "solid fundamentals", if that's what you and jbmurc were after.
The trading continued down the falling channel and is now firmly in the bottom half, breaking 4c support today.

Attached Image


I'd set an alert for break and hold above 5c, or 4.5c if I were brave and couldn't find anything else to buy.
But until that alert fires, I won't give PGI another look.



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I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)

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strongflatwhite
post Posted: Jan 15 2014, 04:05 PM
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Has anyone got any more news on Panterra?

 
jbmurc
post Posted: Aug 21 2013, 06:42 PM
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In Reply To: arty's post @ Aug 21 2013, 04:58 PM

Till it breakout from the downward channel 10c+ will do it soon IMHO ....all on the back of solid fundamentals from finally getting Gold/Silver production at planned rates



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arty
post Posted: Aug 21 2013, 04:58 PM
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In Reply To: jbmurc's post @ Aug 21 2013, 04:10 PM

Looking at the charts, I can't find anything to disbelieve. After all, that's how falling channels work.

Weekly
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Today simply continued the bounce off the channel top:
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I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)
 


jbmurc
post Posted: Aug 21 2013, 04:10 PM
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In Reply To: jbmurc's post @ Aug 19 2013, 03:06 PM

Can't believe PGI is going down at the moment buyers have packed up and holders have lost there head a bit ...esp weird when pretty much the rest of the sector is booming of late OGC,CCU,NST,GOR,KCN etc all doing well today....PGI Recoveries of gold from both the flotation circuits and the CIL circuit are within 7% of target and trending upward. Recoveries of silver from the flotation circuit are within 4% of target and exceeding target from the CIL circuit....!!!! the latest news was on a Investor getting more share at 20c!!!! that want to work with PGI going forward ...Overall I'm dumbfounded why the market has spat the dummy of late real strange?



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jbmurc
post Posted: Aug 19 2013, 03:06 PM
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In Reply To: jbmurc's post @ Jul 2 2013, 03:46 PM

Silver price up some 20% last month going be great to see it keep increasing as PGI doesn't have a hedge with it's silver sales ....really want we need is for SILVER to continue to out pace Gold much like it did the other year when the ratio went sub 40 low 32 (currently 58) ....of course Gold also heading north will help just more so longer term once the hedge has been paid out



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jbmurc
post Posted: Jul 2 2013, 03:46 PM
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In Reply To: Twobees's post @ Apr 8 2013, 04:27 PM

Well has been well sold down yet looks to have most of the problems sorted looking forward to a positive update us unlike many other goldies rebounding 10%+ PGI is going no-where yet they have one of the best set-ups round to produce low cost high profit margins over most of jnr Gold sectors that are losing money to breaking even ....huge upside once the market get the right announcement ...longer term taking reserves/production past several years will add value and should price us at a higher P/E than 1-2



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Twobees
post Posted: Apr 8 2013, 04:27 PM
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In Reply To: arty's post @ Apr 8 2013, 03:38 PM

Looks like a small cash flow surplus from this month, although it doesn't leave much for breakdowns or other contingencies . Bigger risk might be the shareprice drifting until plant commissioning issues are sorted mid year?

 
 


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