goldfinger
- 06 Aug 2004 16:15
chessplayer
- 21 May 2013 09:33
- 1610 of 2076
Petropavlovsk PLC ("the Company" or, together with its subsidiaries, the "Group") announces that the Group has entered into hedging arrangements to sell 96,000 ounces of gold over a period of three months ending in June 2014 at an average price of US$1,408 per ounce. This represents approximately 55% of the Group's forecast production for the period.
These arrangements are in response to the volatility in the gold price, which the Company will continue to monitor, and are in addition to the hedging announced on 15 February 2013. These arrangements do not reflect the Company's view of the likely future course of the US$ gold price
chessplayer
- 21 May 2013 11:13
- 1611 of 2076
Gold prices are up some 40 bucks over the last couple of days. Not that you'd notice with POG !!
midknight
- 21 May 2013 11:29
- 1612 of 2076
Skinny, could you post the gold chart you've posted
on the Greystone Traders' thread here, please. Chessplayer
makes a good point.
skinny
- 21 May 2013 11:41
- 1613 of 2076
halifax
- 21 May 2013 11:45
- 1614 of 2076
AGM 11th June might be interesting.
ahoj
- 21 May 2013 11:49
- 1615 of 2076
On average, POG has secured around 50% of revenue at average gold price $1613.
If it was 100% of its production at $1613, POG share price would be at least 280.
What do you think?
skinny
- 21 May 2013 11:51
- 1616 of 2076
Amazing - today.
Westhouse Securities Buy 124.70 285.00 275.00 Retains
Canaccord Genuity Buy 124.70 510.00 510.00 Reiterates
HARRYCAT
- 21 May 2013 12:13
- 1617 of 2076
May declared short interest is now 5% of stock, from only 1.5% short at the end of march.
halifax
- 21 May 2013 12:29
- 1618 of 2076
perhaps brokers are taking into account POG's net asset value which appears to be around 500p.
midknight
- 22 May 2013 10:18
- 1619 of 2076
Hedging and POG
http://www.telegraph.co.uk/finance/personalfinance/investing/gold/10071998/Risk-of-vicious-circle-for-gold-as-hedging-returns.html
skinny
- 23 May 2013 12:00
- 1620 of 2076
I suppose that the TP will meet the actual price at some point!
Canaccord Genuity Buy 127.80 510.00 340.00 Reiterates
chessplayer
- 24 May 2013 09:37
- 1621 of 2076
Check out almost any mining stock and the broker has a buy recommendation. Yet they are all going down !!
The question that needs to be asked and answered is "what the hell is going on ? "
Why are they saying BUY, but SELL is what is happening ? There is a story here, but what is it ?
Balerboy
- 24 May 2013 21:53
- 1622 of 2076
POG exdiv 2p on 26 june.,.
skinny
- 28 May 2013 09:38
- 1623 of 2076
mnamreh
- 28 May 2013 09:43
- 1624 of 2076
.
skinny
- 29 May 2013 11:25
- 1625 of 2076
Canaccord Genuity Buy 128.40 340.00 340.00 Reiterates
Westhouse Securities Buy 128.40 275.00 275.00 Retains
chessplayer
- 29 May 2013 11:30
- 1626 of 2076
On the up for 2 days in a row. WOWee !!
skinny
- 29 May 2013 12:22
- 1627 of 2076
ahoj
- 29 May 2013 19:28
- 1628 of 2076
POG appears to be resilient these days.
ahoj
- 30 May 2013 16:40
- 1629 of 2076
Good sets of fluctuations today.