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

cheers GF.

and yes the market does - a lot!

impetus through 745/750 is now required and to be held if there is to be a genuine upsurge in this top quality but underperforming miner

StockMarketWire.com
Petropavlovsk Group's total attributable gold production for 2011 amounted to 630,100oz, exceeding the Group's full year production target of 600,000oz and a 24% increase compared to 2010.

Total gold sold during 2011 was 676,000oz, a 51% increase compared to 2010. The strong sales figures reflect the high amount of gold sold at the start of the year as a result of the Group's high production levels in Q4 2010;

Production at the Group's flagship mine, Pioneer, yielded 359,100oz representing a 56% increase from 2010 following effective improvements to mining operations.

Following successful commissioning in November 2011, the plant at Albyn has been ramping up steadily as planned and produced its first gold in December 2011;

Pokrovskiy, Malomir and the alluvial operations performed broadly in line with management's expectations.

Commenting on the announcement, Sergey Ermolenko, CEO, said: "2011 was a successful year for the Group. We produced 630,100oz, beating our previous record by 24% and exceeding the guidance we gave at the start of the year.

"Our production success was achieved, in part, thanks to the improved performance of our flagship mine at Pioneer, where management was able to resolve the problems and difficulties experienced in 2010, bringing the mine to world-class standards of efficiency in its operation and production.

During the year, the stripping backlog at Pioneer was cleared. The enhanced production capability is an important achievement for the future as exploration works at Pioneer continued to delineate new reserves and resources, thereby extending the potential mine life.

"The resultant enhanced capacity at the mine will stand us in good stead for the future, particularly as exploration works at Pioneer have continued to delineate new reserves and resources, thereby extending the potential mine life."

good innit!! (784 = +87p)

Yep, but all the miners had a good day. I'm in VED, but wish I was in others in this sector.

as i only bought (back in) about a week ago, i'm a very happy bunny

Yes indeed bet you are cyners. hows it going old mucker?.

yes I know less of the old.

hi sticky ..... slowly rebuilding my mangled "pot", but lots of other exciting things been happening in my life over the last 12 months ..... all now starting to come together, but it's been a bit hairy-scary at times

Broker Recommendations
Date 27-Jan-12
Company Name Petropavlovsk
Ticker POG
Broker Name UBS
Recommend Price
Buy 770.50p
Broker Change
Old Target Price
1,130.00p
New Target Price
1,070.00p Reiteration

30 Jan: POG - Credit Suisse reiterates: Neutral - Raises
TP from 900p to 920p.

Target prices are fine but there never seems to be a time
frame from these analysts or brokers. I have my own TP as well
and think 820-850 in the next ten weeks looks realistic.

good bounce off 200 dma .... next natural resistance looks like 850

Sub 700p, but possibly worth a short term punt for the next leg up?

dull innit! ..... looks a good place for support, though POG often defies

Tricky one to predict, but still think the miners will be a good investment in 2012.

Long on POG this morning. Resource update this thursday. Chart looks bullish for a quick trade. ............

Brokers very positive ahead of
resource upgrade on thursday....

hemscott premium

Petropavlovsk PLC

FORECASTS 2011 2012
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Numis Securities Ltd
27-01-12 ADD 257.28 98.81 12.19 241.88 91.11 10.27
Evolution Securities Ltd
05-12-11 BUY 237.67 89.38 9.29 223.06 82.69 9.29
Canaccord Genuity Ltd
01-12-11 BUY 89.01 6.36 82.66 6.36
Broker Name Withheld 3
21-10-11 BUY 283.71 102.77 10.20 339.82 116.93 10.20
Fairfax IS
20-10-11 BUY 134.00 18.80 163.00 19.30

2011 2012
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 251.09 98.21 11.04 277.50 105.63 10.51
1 Month Change 8.74 1.54 -1.39 -28.03 -9.32 -1.10
3 Month Change 7.34 0.80 -1.43 -25.16 -8.79 -1.13


GROWTH
2010 (A) 2011 (E) 2012 (E)

Norm. EPS -48.25% 236.22% 7.56%
DPS % 10.41% -4.77%

INVESTMENT RATIOS
2010 (A) 2011 (E) 2012 (E)

EBITDA £144.77m £346.45m £359.23m
EBIT £97.86m £303.84m £303.20m
Dividend Yield 1.43% 1.58% 1.50%
Dividend Cover 2.92x 8.90x 10.05x
PER 23.91x 7.11x 6.61x
PEG -0.50f 0.03f 0.88f
Net Asset Value PS 361.44p p p

BRIEF RESEARCH ALERT – Credit Suisse raises Petropavlovsk price target
30 Jan 2012 - 07:35

Jan 30 (Reuters) - Petropavlovsk PLC POG.L :

* Credit Suisse raises Petropavlovsk POG.L price target to 920P from 900P

For a summary of rating actions and price target changes on European companies

POG

Further broker recommendations

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

30-Jan-12 Credit Suisse Neutral 740.50p 900.00p 920.00p Reiteration
27-Jan-12 UBS Buy 758.00p 1,130.00p 1,070.00p

920p and 1070p

Price now 708p so a lot to go for.

hmm ..... 730 could be quite a hurdle as it is where 200 dma lies and 25 dma is close to reinforcing same

30 odd points on the spreads isnt too be sniffed at cyners. If the report on thursday is positive 730p could be blasted out of the way.

And theirs the iron ore angle.

In fact i was sent a free tips sheet refering to this. I will get it from another room and post. cheers.

Here we are SCSW......

extract........

But it isnt just the Gold price that
is intriguing investors. Finally it
looks like payday for the 66.6% owned
Iron Ore subsidary, which is listed
in Hong Kong. earlier this month, it
announced that Iron Ore targets were
exceeded at its Kuranakh mine with
production of the millionth tonne of
Iron Ore concentrate.