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

cheers GF.

?

Gold is cheap as butter now.

Butter 1192$ an ounce?

bb accepted (from Lloyds thread) POG one of my brighter lights today along with AMER.
2517

Down 8 points so far today, but the trades shown suggest that most of it is buying. The market down 100 points obviously doesn't help.

POG is a big SELL.

no shit sherlock.,.

Yes it was, last July @ 450+.
2517

So what's the big problem with the stock ? If the company is paying a dividend , are things all that bad ?

The share price was above 105 when Gold hit 1250.
What or Who o is behind the fall?

ask peter hambro he off loaded 2m+ shares to jp morgan in april 2013.

I would not think selling some of his shares to be particularly unusual. Certainly many of them have done exactly the same thing. It's not much good trying to cash them in if you're dead !

Mind you, the whole sector has been a disaster for the investor. I shouldn't imagine , though, that there aren't any that have performed worse than POG.

.

!

Looks to have been a good move by Peter Hambro.
2517

More fodder for the rabbit hutch :-(

.

well inside the curve.

Stmnt re Share Price Movement

Petropavlovsk notes the recent weakness in the Company's share price and states that it is not aware of any particular recent event that would account for this.

By way of background

· The Company maintains its guidance of total production for 2013, issued at its AGM on 11 June 2013 of between 760,000 and 780,000 oz.

· Revenues for 2013 are significantly protected from adverse movements in the gold price due to the Group's forward selling programme. Approximately 146,000 ounces have been delivered into this programme since inception and 492,000 ounces remain to be delivered before its expiry in June 2014.

· The Group continues to operate with financial headroom provided by its long-term banking facilities and restates its target of reducing net debt (at the current gold price) to below $1bn by year-end due to its ongoing cost reduction programme.

· In its Annual Report the Company drew investors' attention to the likelihood of substantial fair value impairments resulting from the fall in the gold price since its year end.

Petropavlovsk will next update investors with its Interim Management Statement on 23 July 2013 and its interim first half results on 29 August 2013.

All of which suggests that there is some chicanery going on.