tug will be gold in them hills

Once again a very good couple of days, news must be round the corner.

Seems we are back on track!!! up 10% today

Technicaly rather difficult to call this one. Either look for a retrace of high and trend channel top to base of channel or SP could do turn abouts and smash throught the ceiling roof. Certainly lower indicators show it still has plenty to give on the upside.

Recent article on PGD....

From GCI:-

Spotlight falls on Patagonia Gold.

10/08/2011 Robert Tyerman

Recent buying by Goldman Sachs and others has focused market attention on PATAGONIA GOLD , the AIM-quoted mining hopeful with interests in Argentina. Steered by Richard Prickett and Bill Humphries (the duo that built up the Brancote mining group before selling it for 220 million after hiving off Patagonia), the company boasts potential resources of one million oz of gold, which bulls hope further drilling could convert into two million oz in the first half of next year.

Another director, influential local businessman Carlos Miguens, holds a key stake in London-based Patagonia, which has been working to upgrade its gold resource at Lomada in Argentinas Santa Cruz province. The company recently intercepted gold- and silver-bearing zones with gold grades ranging from 0.54 to 21.21 grammes of gold per tonne of ore near the surface at another prospect, Monte Leon, which it has suggested could be suitable for bulk mining.

Patagonia Gold, which ended last year with 6.8 million cash after losing 7.3 million, raised 5.25 million at 42p in May to finance an accelerated drilling programme at its flagship Cap-Oeste gold and silver project, also in Santa Cruz, holding an estimated 656,000 oz of gold. That followed a 19 million fundraising the month before for Cap-Oeste and the companys high-grade COSE project.

Floated at 14p eight years ago, Patagonia shares have been slow burners, even though the presence of Miguens could be said to mitigate any Argentine political risk. They have traded between 16.25p and 68p over the past year and now change hands at 55.25p, valuing the company at 404 million.

Fans of Prickett and Humphries, whose other AIM vehicle, Canada-focused nickel play LANDORE RESOURCES trades at 10.5p, believe there could be more action, especially while financial crises keep gold in vogue.

have a lot of these from the brancote days .then hpd .we got them for 1.5p not bad hey . i wonder how the gold company that bought us out in brancote got on with the mine

Lovely update this morning.

Another precious metals focused miner Patagonia Gold has now completed the 2010/11 infill and extension drilling campaign on the Cap-Oeste gold and silver deposit in Argentina.

The company called the results extremely encouraging with bonanza gold and high silver grades intersected in a newly discovered zone, including 8.91 metres at 70.79 grams per tonne (g/t) gold and 518 g/t silver in drill-hole CO-285.

Drilling is continuing on the Cap-Oeste deposit, which remains open along strike in both directions and down plunge.


http://www.proactiveinvestors.co.uk/companies/news/32862/company-snapshot-tullow-oil-aminex-solo-oil-patagonia-gold-home-retail-group-morrison-supermarkets-32862.html

http://www.stockopedia.co.uk/content/fox-davies-capital-update-featuring-patagonia-gold-stratex-aminex-circle-oil-nighthawk-energy-59887/

Well done those in - Tanker, any chance of a chart in the header.



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Well the last concensus figures are going to be blown apart after this upgrade this morning...

Patagonia Gold ForecastsYear Ending Revenue (m) Pre-tax (m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-11 13.86 3.20 0.44p 147.7 n/a n/a n/a 0.0%
31-Dec-12 35.18 19.05 2.63p 24.7 0.0 +498% n/a 0.0%

So were looking at a massive increase in EPS for 2012 already at 498% and a falling of the prospective P/E.

Looks a steal at this price.

skinny have no computer skills to old to take any more in .
this company would of been even better if they had not lost the playing fields back in the early days . we wil sell the mine for cert . 200p plus

69p looking for buy out of 200p plus the same has brancote we sold them at 210p
not bad for 1.5p buys

question did they send out new certificates when they changed from hpd i ahave mine in nom .
but i bought 18000 for my daughter and she can not find the new certificate .

going north again

LISTEN: Patagonia Gold (PGD) - Operational update

Click here

StockMarketWire.com
Patagonia Gold has provided an update on its Lomada de Leiva mine and Cap-Oeste gold and silver project.

LOMADA HIGHLIGHTS:
* Mining operations at Lomada Mine to be suspended at the end May 2016

* Gold production to continue until Q4 2017

* Production levels normalised in year to date

CAP-OESTE OPEN PIT HEAP LEACH HIGHLIGHTS:
* Heap leach project to be developed at Cap-Oeste mine

* Initial development of facilities expected to commence shortly with initial production targeted for Q3 2016

* 2016 production estimated at 15,700 oz AuEq

* Ramping up in 2017 to 67,000 oz AuEq