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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 goldlocatoron Oct 31, 2022 4:59pm
137 Views
Post# 35061305

RE:RE:RE:RE:RE:RE:RE:RE:Valuation is super cheap

RE:RE:RE:RE:RE:RE:RE:RE:Valuation is super cheapRubicon did a consolidation at 164 for 1 and they had less than 500 million shares out. The only chance left for PGM IMO is someone to find a way to find a way to acquire all those warrants really cheap and then get them repriced at maybe 6-8 cents. Someone could acquire 25% for maybe 20 million. And if it happened to be someone that already owns 19.9% now you are at 45%. Acquiring another 5% or 35 million shares at these prices would be doable for less than a million. If it happened to be someone that looked at the money they spent on acquiring 19.9% as gone and only looked at the next 20 million as all they needed to spend to own 50% of a mine and mill ready to be put back into operation is it possible. And about 15 million goes into the company treasury. And if you own 50% then you get to decide how it gets spent.

I have no idea if the warrants can even be repriced but if that is possible then what I am suggesting is also possible. Does anyone own 19.9%?

But most likely we should keep the certs and use them for wallpaper along with BreX and Rubicon.
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