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Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 V.PGM


Primary Symbol: PGMFF

Barclays PLC is a diversified bank with five divisions comprising Barclays UK, Barclays UK Corporate Bank, Barclays Private Bank and Wealth Management, Barclays Investment Bank and Barclays US Consumer Bank. The Barclays UK division represents businesses that sit within the United Kingdom ring-fenced bank, Barclays Bank UK PLC and its subsidiaries, and comprises Personal Banking, Business Banking and Barclaycard Consumer UK. The Barclays UK Corporate Bank division offers lending, trade and working capital, liquidity, payments, and FX solutions for corporate clients. Barclays Private Bank and Wealth Management division comprises the Private Bank, Wealth Management, and Investments businesses. Barclays Investment Bank division incorporates the Global Markets, Investment Banking, and International Corporate Banking businesses. Barclays US Consumer Bank division represents the United States credit card business, focused in the partnership market, as well as an online deposit franchise.


OTCPK:PGMFF - Post by User

Comment by Pmbug8on Mar 29, 2022 11:24am
256 Views
Post# 34555495

RE:Shareholder Class Action Investigation

RE:Shareholder Class Action InvestigationSue for what....stupidity?
Read their news release January 4th of this year. Do a little math and you will see that they are still within the low side of their guidance. The new team has been in place for six weeks trying to turn a mine around during covid restrictions in the middle of winter in Red lake. Their needed upgrades make sense to me. 50M was a bit of a surprise ,but this new group feels to get to sustainable positive cash flow flow, that's what they need. Painful to hear but an honest answer. And in this game to get 9g/t million plus ounces , not an unreasonable amount.
They are in a huge money burn phase now in risky business. Anyone who doesn't get that should never have been here in the first place. This one has way oversold imho. Take legal action cause people panicked?
either you think this group can get to sustainable cash flow by year end or beat it. One positive from the price drop is it will hopefully drive the cry babies off this site.
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