Pure Gold Mining - share monitoring

Discussion of the proposed Cashback Investment Club

Moderator: CIC officers

HOLD / BUY / SELL Pure Gold Mining

Hold
8
57%
Buy
1
7%
Sell
5
36%
 
Total votes: 14

garindan
Posts: 980
Joined: Wed Jun 30 2010 3:20pm
Location: Midlands
Has thanked: 486 times
Been thanked: 632 times
Contact:

Re: Pure Gold Mining - share monitoring

Post by garindan » Thu Jan 09 2020 12:09pm

garindan wrote:
Thu Jan 09 2020 11:21am
Yes I spotted that too. It's a shame, I think we should have sold this a few days ago but fingers crossed it will bounce back.
To be honest - there was no apparent reason the price fell back soon after we purchased the share and similarly there seems to be no apparent reason this time. At the moment we are still up on purchase price so if the same happens again and the price recovers then things will be fine. It might just have been two occasions of a little price excitement followed by a cooling phase - one being the share tip and this latest rise due to good reports from gold exploration holes.
Chairman: iMutual's Cashback Investment Club (CIC) - contact me about joining!
Visit the Cashback Investment Club forum to find out more.

BeautifulSunshine
Posts: 26721
Joined: Tue Sep 14 2010 8:23pm
Location: [The Finest City in the World: London]
Has thanked: 192 times
Been thanked: 3686 times
Contact:

Re: Pure Gold Mining - share monitoring

Post by BeautifulSunshine » Fri Jan 10 2020 4:56pm

garindan wrote:
Thu Jan 09 2020 12:09pm
garindan wrote:
Thu Jan 09 2020 11:21am
Yes I spotted that too. It's a shame, I think we should have sold this a few days ago but fingers crossed it will bounce back.
To be honest - there was no apparent reason the price fell back soon after we purchased the share and similarly there seems to be no apparent reason this time. At the moment we are still up on purchase price so if the same happens again and the price recovers then things will be fine. It might just have been two occasions of a little price excitement followed by a cooling phase - one being the share tip and this latest rise due to good reports from gold exploration holes.
With a bit of good fortune the exploration will move to extraction soon - that means big profits and possibly a bonus dividend for us.
[imutual Cashback Investment Club]

BeautifulSunshine
Posts: 26721
Joined: Tue Sep 14 2010 8:23pm
Location: [The Finest City in the World: London]
Has thanked: 192 times
Been thanked: 3686 times
Contact:

Re: Pure Gold Mining - share monitoring

Post by BeautifulSunshine » Mon Jan 20 2020 3:23pm

Pure Gold Mining [PUR]
Our Performance: +5.4%
Current Buy: 44.65
Current Year High: 45.50 [01/01/2020]
Current Year Low: 30.00 [01/01/2020]
Current Dividend Yield: N/A [01/01/2020]


Image
https://www.hl.co.uk/shares/shares-sear ... ng-inc-npv
[imutual Cashback Investment Club]

BeautifulSunshine
Posts: 26721
Joined: Tue Sep 14 2010 8:23pm
Location: [The Finest City in the World: London]
Has thanked: 192 times
Been thanked: 3686 times
Contact:

Re: Pure Gold Mining - share monitoring

Post by BeautifulSunshine » Mon Jan 27 2020 4:29pm

Pure Gold Mining [PUR]
Our Performance: +5.4%
Current Buy: 44.20
Current Year High: 45.50 [01/01/2020]
Current Year Low: 30.00 [01/01/2020]
Current Dividend Yield: N/A [01/01/2020]


Image
https://www.hl.co.uk/shares/shares-sear ... ng-inc-npv
[imutual Cashback Investment Club]

Beachboy
Posts: 1265
Joined: Tue Jun 29 2010 9:53pm
Has thanked: 1452 times
Been thanked: 1612 times
Contact:

Re: Pure Gold Mining - share monitoring

Post by Beachboy » Tue Apr 14 2020 2:23pm

Some much needed positive news, this share has moved back into a small profit position. Unless any member has compelling intel that this particular share is going to significantly rise (relative to other shares) I propose we sell our holding to release the funds to allow us to try and find an opportunity that might help generate a decent return and in doing so try and off set some of the current (paper) losses we are facing.

BeautifulSunshine
Posts: 26721
Joined: Tue Sep 14 2010 8:23pm
Location: [The Finest City in the World: London]
Has thanked: 192 times
Been thanked: 3686 times
Contact:

Re: Pure Gold Mining - share monitoring

Post by BeautifulSunshine » Tue Apr 14 2020 4:32pm

Beachboy wrote:
Tue Apr 14 2020 2:23pm
Some much needed positive news, this share has moved back into a small profit position. Unless any member has compelling intel that this particular share is going to significantly rise (relative to other shares) I propose we sell our holding to release the funds to allow us to try and find an opportunity that might help generate a decent return and in doing so try and off set some of the current (paper) losses we are facing.
If true, and it's only something, someone, anonymous someone, has said on a forum:
Stock options of 350k awarded to a director at $0.77. Not sure if this is Canadian or US dollar. If it is Canadian then this would equate to 45.5p or US 59.7p. Lets hope its US as then price would have to rise by at least 25%. They have until Feb 2025 to exercise options. I have put in an order to buy. GLH
20/2/2020 09:15 [kickingking] @advfn

https://uk.advfn.com/stock-market/london/PUR/share-chat

The director, who should know the deeper workings of the business is very confident. That's a big bet whether be it Canadian Dollars or US Dollars.

In the current climate. for a share to be in positive from such a fall is very significant.
[imutual Cashback Investment Club]

garindan
Posts: 980
Joined: Wed Jun 30 2010 3:20pm
Location: Midlands
Has thanked: 486 times
Been thanked: 632 times
Contact:

Re: Pure Gold Mining - share monitoring

Post by garindan » Tue Apr 14 2020 5:57pm

I am quite keen to sell something and be able to buy and sell quickly on new investments in this volatile market. I have been watching and there has been opportunity to have made all our losses back and well into profit using just the existing companies we have invested in. It is a little risky but buying when they are yoyoing has tremendous opportunity too. If you look at the graph for Ramsdens, Pure Gold Mining and Bakkavor you'll see quite a degree of movement up and down, even per day.
Chairman: iMutual's Cashback Investment Club (CIC) - contact me about joining!
Visit the Cashback Investment Club forum to find out more.

BeautifulSunshine
Posts: 26721
Joined: Tue Sep 14 2010 8:23pm
Location: [The Finest City in the World: London]
Has thanked: 192 times
Been thanked: 3686 times
Contact:

Re: Pure Gold Mining - share monitoring

Post by BeautifulSunshine » Tue Apr 14 2020 11:35pm

garindan wrote:
Tue Apr 14 2020 5:57pm
I am quite keen to sell something and be able to buy and sell quickly on new investments in this volatile market. I have been watching and there has been opportunity to have made all our losses back and well into profit using just the existing companies we have invested in. It is a little risky but buying when they are yoyoing has tremendous opportunity too. If you look at the graph for Ramsdens, Pure Gold Mining and Bakkavor you'll see quite a degree of movement up and down, even per day.
If that's what other members want to do then I'm happy to do that.
[imutual Cashback Investment Club]

richard@imutual
Posts: 6163
Joined: Wed Jun 23 2010 10:19am
Sharing: 2stars.png
Has thanked: 1880 times
Been thanked: 4097 times
Contact:

Re: Pure Gold Mining - share monitoring

Post by richard@imutual » Wed Apr 15 2020 8:48am

Bear in mind the large buy/sell spreads on these small cap stocks. I'm not sure "buying and selling quickly" is wise or practical for our club :?

BeautifulSunshine
Posts: 26721
Joined: Tue Sep 14 2010 8:23pm
Location: [The Finest City in the World: London]
Has thanked: 192 times
Been thanked: 3686 times
Contact:

Re: Pure Gold Mining - share monitoring

Post by BeautifulSunshine » Wed Apr 15 2020 8:58am

richard@imutual wrote:
Wed Apr 15 2020 8:48am
Bear in mind the large buy/sell spreads on these small cap stocks. I'm not sure "buying and selling quickly" is wise or practical for our club :?
In a nutshell - we aren't day traders.
[imutual Cashback Investment Club]

Post Reply

Who is online

Users browsing this forum: No registered users and 8 guests