Patagonia Gold Live Discussion

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biggles21 21 Oct 2015

Re: Uncomfortable Post: Hi AoW, Apols if I'm being more than usually dim ....but as per your last , on that date in Dec, concert party buys one more share etc, that means that they are not bound to a take out price set at last placing price ? i.e. 4 p ?

chutes 17 Oct 2015

Value of Co not wthout risk here, but gold price firming up nicely, the upside potential is huge, we are well in, looking to buy further if price does not run away too much

Finbar S 16 Oct 2015

Interesting potential A return to better gold prices, the fall of which was the primary reason for the fall in the share price, a change of government attitude, perhaps even a lifting of the FX restrictions would see a dramatic change here.I read the complaints and conspiracy theories with interest, but they just don't stack up when you consider the biggest contributors to the fundraisings have been the management and especially Mr Miguens. Without them the company would have run out of money after the Chubut disaster. I have absolutely no doubt that had the BOD not contributed there would have been even more carpings about how the management had taken their salary while not buying any shares!!! I know which I prefer - management up to their necks in the shares is a good thing!!One thing worth a thought Lomada/COSE and CO aside - Huemules is still there (200k+ oz), as are several interesting exploration targets. One way to help get the economy going would be to get the Chubut provincial government off their backsides. Any potential to extend the mine life of Lomada and fund CO without outside subs would also be transformational of course.I was sneaking a few shares from those throwing their shares away, and will add will add more happily at a higher price after the election if the noises are good. I like the outlook for Gold and this is a highly geared play on that (as at $1,400 the refractory ore at CO can be put back into the calculation?). The company is unlikely to remit funds outside Argentina for some time until CO is up, funded and running, so there is time. In the event that they can achieve that in the future and FX restrictions are eased this will be a monster. Here's hoping anyway.

Hunterguitar 16 Oct 2015

Re: Long way to go Good afternoon Keysi,If this ever makes £1.00 I will personally buy all the LTH's on this board a pint !However, they must register their interest now. Oh, and Jeremy Corbyn will need to be PM at the time. That will keep me safe.This bounce can only be down to the rise In the POG and knowing my luck we will be back to 1pvery shortly.

The White Rider 16 Oct 2015

Re: Long way to go Somw of us won't break even at 10p. I have long since written these off and put away. Agree, any increase is welcome but wonder what is driving this? Anything to do with the Concert Party arrangement?

Keysi 16 Oct 2015

Re: Long way to go 10p ..... I thought we all agreed we were holding out for £1+ to be honest, 10p, would seem great right now.....Keysi

Hunterguitar 16 Oct 2015

Long way to go Nice to see a bit of interest.10p still seems light years away for me to break even. So I will contain my excitement !!!Goog luck to all LTH's

westbud 13 Oct 2015

AOW Hi hope all is well with you.I have always enjoyed reading your posts on various shares and value your opinion. I would like to ask you what you think of the share Quadrise. It does seem to be too good to be true potential appears to be enormous.No need to reply if not interested. Best Westbud

Keysi 12 Oct 2015

Re: Elections Nothing is good for the share price

B-tech 12 Oct 2015

Re: Elections Is that good news for the share price ??? haha

JohnSalvage 12 Oct 2015

Re: Elections [link]

Antiques Of Woodstock 12 Oct 2015

Re: Elections Argentina's forthcoming presidential election is likely to mark a turning point for the country's beleaguered economy.As campaigning is gearing up ahead of the first round of voting on 25 October, analysts agree on one thing - either economic conditions will get better, or they will get a whole lot worse.No matter who wins, there is a high risk of financial chaos in South America's second-largest economy, with many observers feeling that the policies which rescued Argentina from its 2001-02 meltdown, and $100bn (£66bn) debt default, have now outlived their usefulness.But the two front-running presidential candidates have diverging approaches.Mauricio Macri, of the conservative Cambiemos (Let's Change) coalition, is holding out the possibility of big change.While Daniel Scioli, the candidate of the left-wing Front for Victory, the coalition of outgoing President Cristina Fernandez de Kirchner, is offering the certainty of continuity - even down to maintaining the country's hardline stance in its dispute with US hedge funds that led it to a second debt default last year.Mr Scioli is standing because President Cristina Fernandez de Kirchner is constitutionally barred from running for a third consecutive term, marking the end of an era in Argentine politics.For more than 12 years, "Kirchnerism" has been the dominant political force in the country, with President Fernandez succeeding her late husband, Nestor Kirchner, in the top job.But the broad outlines of the couple's economic policy will be maintained in the event of a victory by Mr Scioli, who is currently well ahead in the polls.'Productive paradise'In a recent speech, Mr Scioli set out his economic policies, which turned out to be quite similar to those already in place.He appears to be pinning his hopes on raising the level of external investment in Argentina, saying he expects to attract $30bn a year in foreign capital.However, he seemed to have no plans to offer potential investors any incentives, saying: "We do not want a fiscal paradise, but rather a productive paradise.”In truth, many foreign firms, from Calvin Klein to British Gas, have been scared off by currency and capital controls that, among other things, have stopped them taking their profits out of the country - not that much money is being made in the current climate.But Mr Scioli gave no indication that he would reform that system, probably because cash-strapped Argentina is still excluded from borrowing on the international capital markets, and is desperately trying to stop hard currency seeping out of the country.What he did promise was that he would "gradually" bring down inflation to single-digit levels, "but never at the expense of an adjustment to our social inclusion policies, and with more and better growth instead".That pledge sidestepped the long-running controversy over the "true" level of inflation in Argentina. The country's statisticians changed their method of calculating price rises last year, because their figures had lost credibility.However, the revised official index still shows annual inflation at no higher than 14.7%, whereas a panel of experts consulted by Consensus Economics reckons the real rate to be nearly twice as high, at 26.5%.Out of steam?Under Kirchnerism, the state has exercised greater control over the economy, including the imposition of heavy taxes on agricultural exports, which helped swell the public coffers and pay for social programmes during the global commodities boom.Argentina is the second-largest exporter of corn, and the third largest exporter of soybeans in the world, but the market is more precarious than it used to be and the high tariffs have never been popular with farmers.With that economic model running out of steam and foreign currency reserves still low, it is arguably time for a change. At least, that's what the main opposition presidential candidate, Mr Macri, maintains.

B-tech 09 Oct 2015

Re: Elections Hurrah !!!!!

JohnSalvage 05 Oct 2015

Elections Long awaited elections on the 25th of this Month.

Antiques Of Woodstock 04 Oct 2015

Re: Uncomfortable Post: Good morning AllNot to labour a point but purely for clarity - I cut and paste below the emails to which Bill chose not to respond.Perhaps the following paragraph contained therein in my email to Bill over a year ago 'hit the nail on the head' which is why I never got a response from him:'Could the facts surrounding this situation be interpreted as being a series of deliberate actions to move the company into a position whereby the only option moving forward is for the company to be de-listed with the assets being bought at a huge discount and moved to a private company in which the key players in PGD will retain a stake at the expense of the rest of the remaining shareholders?'Should the above come to pass - there will be a lot of questions to answer with regard to the motives of the management previously at the helm of this company.Good luck all...---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----Date: Friday, 26 September 2014 11:25Subject: FW: Please Forward To Bill Humphries:Good morning Having asked you to forward my email to Bill Humphries on 1/4/14 and your reply of 3/4/14 stating that ‘I am sorry but Mr Humphries is tied up with various meetings today and will be taking a well-earned vacation commencing tomorrow’ - then my email of 22nd May after Bill’s vacation asking for a response to my original email and your reply stating that Bill would be prepared to discuss the points raised in my email at the AGM which I explained in my response of 28th May that I would be unable to make – sadly Bill still refused to answer my email. I am now extremely concerned to learn that we do need to raise additional capital which was the very point that I highlighted in my email to Bill that he would not answer.I along with others note the following wording in the Interim Results released today: 'The Company will be investigating opportunities to raise this additional capital, however, the continued volatility in equity and debt markets coupled with the current gold price indicate the existence of a material uncertainty that may cast significant doubt on the Group and Company's ability to continue as a going concern. The Group and Company are evaluating additional strategies and corresponding financing requirements for 2014 and beyond and are confident in their ability to secure additional funding at a competitive rate to continue to meet commitments as they fall due.’The facts are that the company’s market capitalisation has fallen by 90% which demonstrates that those which value the company namely ‘the markets' do not have any faith in the current management which is backed up by the aforementioned warning released in the Interims today.Bill’s unwillingness to even have the courtesy of answering my email either speaks volumes about his ability to answer the questions asked or at the very least demonstrates his total disregard for the questions asked by those who own the company – namely ALL shareholders to which he is answerable.Could the facts surrounding this situation be interpreted as being a series of deliberate actions to move the company into a position whereby the only option moving forward is for the company to be de-listed with the assets being bought at a huge discount and moved to a private company in which the key players in PGD will retain a stake at the expense of the rest of the remaining shareholders? I really hope not because such a suggestion would not just be illegal but looked upon extremely unfavourably by the regulators with whom I am in contact.Perhaps Bill would finally be courteous enough to respond to the issues I have raised along with those highlighted in my original email.Thank you.********---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- --- Sent: 01 April 2014 13:32Subject: Please For

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