http://www.kitco.com/charts/livegold.html

cheers GF.

Nice to see stock on loan ie, a proxy for shorters falling away very quickly...................

Director Deals - Petropavlovsk PLC (POG)


Peter Hambro, Chairman, bought 105,000 shares in the company on the 26th May 2011 at a price of 743.89p. The Director now holds 8,672,558 shares.
NOTE: Purchase by him and associates
Story provided by StockMarketWire.com
Director deals data provided by www.directorsholdings.comDirector Deals - Petropavlovsk PLC (POG)

BFN

GF.
Re stock on loan, where does one find this info?

This stock is so cheap its amazing its sunk to just over 8 times 2012 multiples.

Brokers certainly have some high upgrades in mind...

Date Broker name New Price Old price target New price target Broker change

21-Apr-11 HSBC Overweight 910.00p - 1,200.00p New Coverage
25-Mar-11 Citigroup Hold 1,070.00p 1,290.00p 1,100.00p DownGrade
22-Mar-11 Evolution Securities Buy 1,046.00p 1,600.00p - Reiteration
14-Dec-10 UBS Buy 1,151.00p - - Reiteration
07-Dec-10 Arbuthnot Securities Buy 1,165.00p - - Upgrade
24-Nov-10 Bank of America Buy 1,072.00p - 1,700.00p New Coverage

I know that a lot of the Russian market operate on a completely different sent of values, but a P E of 8 is totally ridiculous when compared to say Randgold who are on 71 times !!!!!!!!!!

Goes ex-divi wed 29th Jun '11 (7p)

Excelent news for POG this morning no funding worrys and a update in July. Way undervalued and must be worth at least double the SP today. Ive added big really big.

Certainly to that the discount for operating in Russia has reached ridiculous levels - see post 1123 ( it is probably rather more than that now !)

Indeed indeed CP.

UPDATE 1-Petropavlovsk says Jan-May output ahead of forecast
21 Jun 2011 - 07:40

* On track for 2011 target of 600,000 ounces of gold

* Production for first 5 months totalled 158,900 ounces

* Production ahead of forecast, up 33 pct on year-ago

* Sells 197,700 ounces in first 5 months, up 64 pct


(Adds detail and background)

LONDON, June 21 (Reuters) - Russian miner Petropavlovsk said gold production for the first five months was ahead of forecasts and 33 percent up on the previous year, allowing it to confirm its full-year output target of 600,000 ounces.

In a statement updating the market on plans for a pressure oxidation processing plant at its Pokrovskiy mine, Petropavlovsk said output for April to May from the Pokrovskiy, Pioneer and Malomir mines totalled 83,500 ounces. That took total production for the first five months to 158,900 ounces.

Production in the second half of the year is expected to be higher than in the first six months, it said on Tuesday.

The miner also said it is reviewing its long-term production forecasts for 2012 through 2015 after positive exploration results and said full details would be provided with the group's half-year results in August.

Petropavlovsk said the feasibility study for the Pokrovskiy pressure oxidation plant and two plants at Malomir and Pioneer had been finalised, with final capacity for the Pokrovskiy plant defined at 600,000 tonnes of concentrate per year.

It expects to spend a total of $181 million on the hub in 2011 through 2015.

(Reporting by Clara Ferreira-Marques; Editing by David Holmes)

POG management certainly needs to learn how to manage its pr and to talk straight for a change .... company has an appalling record of falling short of its forecasts and has been deservedly punished

UPDATE 2-Petropavlovsk eases funding worries, shares climb
21 Jun 2011 - 09:57

* Says no need for additional funds to complete capex plans

* New facility processing costs similar to current costs

* Confirms full-year output aim, Jan-May ahead of forecast

* Shares rise 8 percent


(Recasts with shares, quotes, detail)

By Clara Ferreira-Marques

LONDON, June 21 (Reuters) - Russian miner Petropavlovsk will not need to tap the market for funds to complete ambitious growth plans and expects to meet its 2011 production target, it said, sending its battered shares up 4 percent.

In an update on plans for new facilities to process so-called refractory ores, Petropavlovsk on Tuesday denied long-standing speculation it would need a capital increase to fund the expansion and said costs would remain equivalent to those at its other projects.

Fears Petropavlovsk could need to turn to the market and concerns the industry's already rising costs could escalate further have contributed to a drop in the miner's share price, down almost 38 percent so far this year.

"The market has not understood that we have sufficient resources to fulfil our expansion plans," Chairman Peter Hambro told Reuters, excluding a rights issue.

"As we move towards the ability to process the more difficult to treat ores that form the majority of Russian resources, we are having to spend ... but we have the resources to do it and the profit margin ... is extremely good."

Shares in Petropavlosk were up 8.19 percent at 733.5 pence at 0853 GMT, making it the sector's top performer.

"Alleviating funding fears, the company states it has $436 million of available bank facilities and cash and all planned capex is fully funded," Liberum analysts said in a note, adding the market could now "revisit the growth and investment case".

Petropavlovsk said the feasibility study for its Pokrovskiy pressure oxidation plant and flotation plants at Malomir and Pioneer had been finalised, with capacity for the Pokrovskiy plant defined at 600,000 tonnes of concentrate per year.

It said cash costs for the pressure oxidation plant were expected to be similar to current costs for Pioneer and Malomir and has already signed a contract for key equipment. It expects to spend a total of $181 million on the hub in 2011-2015.

Petropavlovsk has met with skepticism from some in the industry who have questioned its ability to process the difficult ores at a commercial price. But the miner says it has engaged experts with long-standing experience in the Russian mining sector, who will present to analysts on Tuesday.


OUTPUT RISING

The miner also said gold production for the first five months was ahead of forecasts and 33 percent up on the previous year at 158,900 ounces, allowing it to confirm its full-year output target of 600,000 ounces.

Petropavlovsk said output for April to May from the Pokrovskiy, Pioneer and Malomir mines totalled 83,500 ounces.

Production in the second half of the year is expected to be higher than in the first six months, it said on Tuesday.

The miner also said it is reviewing its long-term production forecasts for 2012 through 2015 after positive exploration results and said full details would be provided with the group's half-year results in August.

Hambro said earlier this year he expected gold prices to be around $1,500 to $2,000, and he said on Tuesday prices could hit the higher end of that range later this year. Spot gold is currently just above $1,540.

(Reporting by Clara Ferreira-Marques; Editing by David Holmes and Hans-Juergen Peters)

#ADVFN $POG http://t.co/TtfFIm6

"Alleviating funding fears, the company states it has $436 million of available bank facilities and cash and all planned capex is fully funded," Liberum analysts said in a note, adding the market could now "revisit the growth and investment case".

First of many broker upgrades just out....

Petropavlovsk
FTSE 250
Basic Materials
Buy
1150
717
60.4%
Canaccord Genuity


Target 1150p 60.4% upside.

brokers have been touting POG for months, but to no avail - so far

cynic .
What is your stake in this one now? If you are in, then surely now is the time to get a few more! Especially with gold expected to rise further+

1000 shares showing a very nasty loss + 750 bought this morning

Its the greek vote cyners at midnight. markets holding back. Boring me to death. On holiday at moment in Ibiza, good job. This market is like watching traffic lights change.

Those bought this morning will just be in profit wont they?, JUST. Depends if u got them first thing I suppose.

I added another tranche this morning on top of 2 recent tranhes that are red. not very red now though and this morning, going red blue red blue red blue presently evens.