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This director that keeps selling shares is not helping the appearances of the company. It does not alarm me, but there are many potential investors that it will. He has sold just under 200K shares in just over a month in 4 tranches. https://www.modernreaders.com/news/2020/11/01/mark-gerard-odea-sells-42800-shares-of-pure-gold-mining-inc-pgm-v-cvepgm-stock.html
I agree. I am not selling either.
This one is still a year or so away IMHO.
Not a bad quarter.
Not long. This one seems to be sinking fast.
I currently hold about 10% of my maximum holdings here and will not be buying any until after the election if at all. Just luck, but my timing was good on this one. If T gets re-elected I will be interested again. If not I will dump my remaining shares of this and everything else except Precious Metals.
Been gone to Florida on vacation for 10 days and have not looked at anything. I increased my position again by 25% before leaving. Looks like things are going well here.
Pretivm Provides Notice of Third Quarter 2020 Operational and Financial Results Release Date and Conference Call Details
Read more: http://www.digitaljournal.com/pr/4841825#ixzz6axcbKedL
http://www.digitaljournal.com/pr/4841825
I was not speaking only of the button or buttons. I was speaking of what they claim to have.
I have not heard anybody mention the makeup of this 22 gram button. What is the percentage gold? 22 grams from 750 lbs of rock if it was all gold (but of course it is not) would be 58.66 GPT. Not Realistic.
If they had what they claim to have they would already have been bought out by a major.
Energy Transfer: What's The Worst Thing That Can Happen?
https://seekingalpha.com/article/4378762-energy-transfer-worst-thing-can-happen
Though I disagree with one aspect. Worse than any of the things mentioned in that article would be the election of the liberals.
Really? " "We expect to crush approximately 200-250 pounds a day until we receive the milling circuit that can crush and process 1-2 tons per hour (TPH). We expect the 1-2 TPH milling circuit to arrive in the next few weeks." https://markets.businessinsider.com/news/stocks/gold-mining-company-buscar-provides-crushing-processing-update-1029652843#" From their own mouths. This is not a mining operation, this is a toy.
Lol. These are real high-rollers. They are not building a mine and mill. They are building a toy. "We expect to crush approximately 200-250 pounds a day until we receive the milling circuit that can crush and process 1-2 tons per hour (TPH). We expect the 1-2 TPH milling circuit to arrive in the next few weeks." https://markets.businessinsider.com/news/stocks/gold-mining-company-buscar-provides-crushing-processing-update-1029652843#
Energy Transfer’s Warren Handing Off Some Duties, Not Strategic Oversight https://www.naturalgasintel.com/energy-transfers-warren-handing-off-some-duties-not-strategic-oversight/
Thanks for the info.
I am thankful that they did not fire back up on the last spike in oil prices. Maybe after the re-election things will get better.
I am looking forward to next Q report.
Lack of news lately has not helped the stock price here. I did use that as an opportunity to add a few more shares though.
Hoping for much better production this quarter.
I am still holding some shares., but not adding any back until this thing turns the corner.
https://theenterpriseleader.com/2020/09/24/brokerages-set-pretium-resources-inc-nysepvg-target-price-at-15-23.html
Brokerages Set Pretium Resources Inc (NYSE:PVG) Target Price at $15.23
Posted by Martin Roberts on Sep 24th, 2020
Pretium Resources logoPretium Resources Inc (NYSE:PVG) (TSE:PVG) has received an average recommendation of “Hold” from the thirteen ratings firms that are presently covering the firm, Marketbeat reports. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $15.23.
Several brokerages recently weighed in on PVG. Scotiabank lifted their price target on Pretium Resources from $11.00 to $12.00 and gave the company a “sector perform” rating in a research note on Monday, July 20th. HC Wainwright lifted their price target on Pretium Resources from $10.50 to $17.50 and gave the company a “buy” rating in a research note on Monday, August 10th. TheStreet upgraded Pretium Resources from a “c” rating to a “b-” rating in a research note on Thursday, August 20th. ValuEngine upgraded Pretium Resources from a “sell” rating to a “hold” rating in a research note on Thursday, July 9th. Finally, BMO Capital Markets lifted their price target on Pretium Resources from $15.00 to $18.50 and gave the company an “outperform” rating in a research note on Friday, August 7th.
https://www.nantonnews.com/commodities/mining/gold-may-be-the-king-of-bling-but-is-it-overbought-as-prices-surge-so-do-costs-for-miners/wcm/6ecc925b-2526-4a4b-8822-e53258c02d36?video_autoplay=true About 3/4 of the way down the page. Many folks are not realizing that with the higher price of gold, reserves can be re-evaluated and cutoff grades reduced increasing the reserves.
Vancouver-based Pure Gold Mining Inc. is on track to finish building a mine near Red Lake, Ont., by the end of the year, and in February released a study on what ore was economically feasible to mine, which assumed a gold price of US$1,275 per ounce.
Currently, Darin Labrenz, chief executive of Pure Gold, said every aspect of the study “is kind of out of date.”
The company had estimated it could produce one million ounces of gold at US$1,275 per ounce, resulting in around US$1.2 billion. But in the current gold price environment, it could expect an additional roughly US$700 million in revenue.
“So you start looking at your project, saying what could I do a little differently to take advantage of this movement,” said Labrenz. “It’s not just the straight-line math, because your project parameters change.”
Already, he said the company is on track to develop the mine a little more quickly than planned, with first production slated to occur by the end of the year or early in 2021, and it’s planning to expand.
Wow, that was quite a jump with no news. PVG may finally be beginning to be recognized.
California currently should be an example of the in-sufficiency of green energy. They are falling short right now. As for touting the Dive, I hope it does not happen, but that could be slashed (and may have to be) if things dont shape up. We all know what happens to share price when a Divi is slashed. That is while I am holding what I have left and am not accumulating.
LOL, Is this 6 to 8 tons per day some of that mythical 78gpt that was in the recent pump and dump promo? I guess your iggie did not work. As for posts being worth reading, I feel the same way about yours. I have no desire to post about this flagrant scam any more but will respond if posted to. I find it hard to believe that any experienced investor could be taken in by such an obvious pump and dump.
New Mexico Environment Department Assesses More Than $7 Million In Civil Penalties To Air Polluters
https://ladailypost.com/new-mexico-environment-department-assesses-more-than-7-million-in-civil-penalties-to-air-polluters/
Another end of day paint up.
I have said about all I have to say about CGLD. The bagholders have been warned numerous times by many folks. I will just sit back and laugh at them from this point forward. One can not teach the blind to see.
To me a paint job is painting up the close at the end of the day which has happened on multiple occasions with this position.
Lol, I would not buy this with your money. I certainly would not buy it with mine. I used to be a newbie also and have made and learned from my mistakes. Just keep holding for a while, and you will see.
These paint jobs end of day is another indicator that this position is junk. The share price went up to .36 but the bid is down to .252.
The following article shows what garbage this position is. This is a fluff piece designed to sell shares. Here is the article https://ih.advfn.com/stock-market/USOTC/buscar-pk-CGLD/stock-news/83157593/gold-mining-company-buscar-featured-in-article-at
With just scanning the article here are a couple of points.
1. To take this article seriously one would have to believe that they have
78 grams per ton. 2.5 ounces. They do not.
"A real differentiator here compared to other upstart miners/explorers is that Eon will immediately be generating revenue to help fund operations. Even at 2.5 ounces gold per ton (processing 8 tons daily), that’s 20 ounces per day. At $1,950 per ton gold, that’s $39,000 per day, or $780,000 per month (based upon 20 days of processing)."
2.They have no proven resources or reserves.
"Now, it is up to Eon to prove these reserves through drilling, assays and geological surveys".
U.S. regulator backs Energy Transfer in Chesapeake pipeline dispute: court filing
https://www.reuters.com/article/us-chesapeake-enrgy-bankruptcy/u-s-regulator-backs-energy-transfer-in-chesapeake-pipeline-dispute-court-filing-idUSKBN25O2ZL
I tend to agree, but I am not willing to bet everything on it. I will hold my current position, but I am not adding and have not been doing so for quite a while.
I am still bullish on ET, but let us not forget there is still some alight risk pertaining to the upcoming election and also the appeal.
A bad outcome on either of these could be devastating.
My thinking is you are a little low, but it will get to where it needs to be in a matter of time.
WoW, finally. Thanks
Scotiabank will nail JPMorganChase for metals market rigging, London trader Maguire says
Submitted by cpowell on Fri, 2020-08-28 04:28. Section: Daily Dispatches
12:28a ET Friday, August 28, 2020
Dear Friend of GATA and Gold:
The fine of $124 million that Scotiabank has agreed to pay the U.S. government for manipulating the gold and silver markets with "spoofing" is tiny compared to the offense, London metals trader Andrew Maguire says in his interview this week with Shane Morand of Kinesis Money, but that's because the fine is not the end of the case against the bullion bank.
Scotiabank, Maguire says, remains vulnerable to criminal charges of wire fraud and so is cooperating with the U.S. Justice Department in prosecution of the biggest gold and silver market-rigger of all, JPMorganChase.
Further, Maguire adds, the prosecution is linked to a pending "reset" of gold and silver prices.
In connection with that "reset," Maguire says, the Bank for International Settlements has built an unprecedentedly large unallocated foreign-exchange gold position as it distributes desperately needed metal to banks around the world.
Behind the extraordinary recent volatility of the gold and silver markets, Maguire says, the banks are striving to shake out speculators while getting long themselves.
Maguire's interview is 31 minutes long and can be viewed at YouTube here:
Scotiabank will nail JPMorganChase for metals market rigging, London trader Maguire says
Submitted by cpowell on Fri, 2020-08-28 04:28. Section: Daily Dispatches
12:28a ET Friday, August 28, 2020
Dear Friend of GATA and Gold:
The fine of $124 million that Scotiabank has agreed to pay the U.S. government for manipulating the gold and silver markets with "spoofing" is tiny compared to the offense, London metals trader Andrew Maguire says in his interview this week with Shane Morand of Kinesis Money, but that's because the fine is not the end of the case against the bullion bank.
Scotiabank, Maguire says, remains vulnerable to criminal charges of wire fraud and so is cooperating with the U.S. Justice Department in prosecution of the biggest gold and silver market-rigger of all, JPMorganChase.
Further, Maguire adds, the prosecution is linked to a pending "reset" of gold and silver prices.
In connection with that "reset," Maguire says, the Bank for International Settlements has built an unprecedentedly large unallocated foreign-exchange gold position as it distributes desperately needed metal to banks around the world.
Behind the extraordinary recent volatility of the gold and silver markets, Maguire says, the banks are striving to shake out speculators while getting long themselves.
Maguire's interview is 31 minutes long and can be viewed at YouTube here:
Anglogold Ashanti invests additional $5.0 Million and Increases Ownership to 16%
https://finance.yahoo.com/news/pure-gold-mining-raises-5-103000348.html