Jim Mellon is bullish about gold. We know this because the star private investor tweeted as much on 20 January 2017, noting the likely impact of the recent rise in US inflation. For further proof, we have his direct and indirect purchases of 1.64m shares in Condor Gold (CNR), the junior miner on whose board he sits as a non-executive director.
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Through his own share account and Galloway Limited, a subsidiary of his wholly owned Burnbrae Group, the non-executive now has a 5.4 per cent stake in the Alternative Investment Market (Aim)-traded company worth £1.6m. The shares were acquired from Regent Pacific Group, an investment company also chaired by Mr Mellon.
| Buys | |||||||
|---|---|---|---|---|---|---|---|
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| BlackRock Latin American Investment Trust | Carolan Dobson | 16 Jan 17 | 4,792 | 417.3 | 19,997 | 4,792 | 0.012 |
| CRH | Gillian Platt | 13 Jan 17 | 1,000 | 2885.13572 | 28,851 | 1,000 | 0.000 |
| Chrysalis VCT | Martin Knight | 17 Jan 17 | 25,000 | 63.315 | 15,829 | 332,632 | 1.112 |
| Condor Gold | Jim Mellon | 12 Jan 17 | 395,998 | 50.5 | 199,979 | 1,094,818 | 2.069 |
| Croma Security Solutions | Roberto Fiorentino (ceo) | 16 Jan 17 | 335,000 | 26 | 87,100 | 4,110,000 | 24.329 |
| Croma Security Solutions | Sebastian Morley (ch) | 16 Jan 17 | 40,000 | 26 | 10,400 | 575,000 | 3.404 |
| Croma Security Solutions | Richard Juett (fd) | 16 Jan 17 | 12,500 | 26 | 3,250 | 12,500 | 0.074 |
| Diurnal♥ | Alan Raymond | 16 Jan 17 | 9,000 | 110 | 9,900 | 22,888 | 0.044 |
| Diurnal | John Goddard | 13 Jan 17 | 9,248 | 108 | 9,988 | 16,192 | 0.031 |
| Diurnal | Peter Allen (ch) | 13 Jan 17 | 40,000 | 105 | 42,000 | 74,722 | 0.143 |
| Diurnal | Sam Williams | 13 Jan 17 | 9,248 | 108 | 9,988 | 46,748 | 0.090 |
| Fenner | Michael Ducey | 13 Jan 17 | 28,300 | 296 | 83,768 | 28,300 | 0.015 |
| Fenner | Chris Surch | 12 Jan 17 | 6,828 | 291 | 19,869 | 6,828 | 0.004 |
| Fenner | Geraint Anderson | 12 Jan 17 | 1,703 | 291 | 4,956 | 1,703 | 0.001 |
| Fenner | Vanda Murray (ch) | 12 Jan 17 | 17,000 | 291 | 49,470 | 19,000 | 0.010 |
| Fidelity Asian Values* | Anthony Stott | 12 Jan 17 | 4,000 | 31 | 1,240 | 24,000 | 0.036 |
| Hargreave Hale AIM VCT 1* | David Brock | 12 Jan 17 | 12,768 | 78.32 | 10,000 | 41,915 | 0.064 |
| Hilton Food | Robert Watson (ceo) | 13 Jan 17 | 50,000 | 680 | 3,081,380 | 4.189 | |
| Jardine Lloyd Thompson | Nicholas Walsh | 13 Jan 17 | 1,000 | 997.425 | 9,974 | 1,000 | 0.000 |
| Jersey Electricity | David Padfield | 16 Jan 17 | 100 | 417.2 | 417 | 2,452 | 0.021 |
| Jersey Electricity | David Padfield | 16 Jan 17 | 900 | 417.2 | 3,755 | 2,352 | 0.020 |
| Jersey Electricity | Philip Austin | 16 Jan 17 | 5,000 | 416 | 20,800 | 5,000 | 0.043 |
| Murray International Trust | Marcia Campbell | 17 Jan 17 | 17,174 | 1157 | 198,703 | 22,900 | 0.018 |
| Nature | Berend van Straten (ch) | 18 Jan 17 | 100,000 | 11.75 | 11,750 | 100,000 | 0.126 |
| Nature | Berend van Straten (ch) | 18 Jan 17 | 174,000 | 12.5 | 21,750 | 274,000 | 0.346 |
| Nature | Jan Vesseur (ceo) | 18 Jan 17 | 1,051,400 | 12.5 | 131,425 | 1,476,400 | 1.862 |
| Nature | Maarten Smits (cfo) | 18 Jan 17 | 696,000 | 12.5 | 87,000 | 696,000 | 0.878 |
| Pacific Assets Trust | Sian Hansen | 17 Jan 17 | 2,126 | 235.076 | 4,998 | 4,680 | 0.004 |
| Qinetiq | Paul Murray | 16 Jan 17 | 9,418 | 263.98 | 24,862 | 65,495 | 0.011 |
| Qinetiq | Paul Murray | 16 Jan 17 | 9,447 | 263.18 | 24,863 | 74,942 | 0.013 |
| Safestore Holdings | Bill Oliver | 13 Jan 17 | 5,000 | 340.9 | 17,045 | 5,000 | 0.002 |
| Safestore Holdings | Bill Oliver | 13 Jan 17 | 5,000 | 342 | 17,100 | 10,000 | 0.005 |
| Scientific Digital Imaging* | Ken Ford (ch) | 12 Jan 17 | 250,000 | 13 | 32,500 | 1,250,000 | 1.407 |
| Scientific Digital Imaging* | Mike Creedon (ceo) | 12 Jan 17 | 76,924 | 13 | 10,000 | 146,924 | 0.165 |
| Shoe Zone♥ | Nick Davis (ceo) | 13 Jan 17 | 7,000 | 180 | 12,600 | 22,700 | 0.045 |
| Tristel | F Soler | 16 Jan 17 | 2,500 | 150 | 3,750 | 10,916,334 | 25.759 |
| Volga Gas♥ | Aleksey Kalinin | 13 Jan 17 | 4,800,460 | 49.5 | 2,376,228 | 44,420,460 | 54.828 |
| Volga Gas♥ | Michael Calvey | 13 Jan 17 | 4,800,460 | 49.5 | 2,376,228 | 44,420,460 | 54.828 |
* placing/tender/open offer ♥ spouse/connected party | |||||||
| Sells | |||||||
|---|---|---|---|---|---|---|---|
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| GB | Richard Linford | 12 Jan 17 | 20,000 | 289.96 | 57,992 | 300,000 | 0.223 |
| Lindsell Train Investment Trust (The) | Rory Landman | 12 Jan 17 | 100 | 86500 | 86,500 | 100 | 0.050 |
| LondonMetric Property | Patrick Vaughan (ch) | 13 Jan 17 | 163,711 | 152.1 | 249,004 | 13,613,789 | 2.162 |
| LondonMetric Property | Patrick Vaughan (ch) | 16 Jan 17 | 68,671 | 151.32 | 103,913 | 13,545,118 | 2.151 |
| LondonMetric Property | Patrick Vaughan (ch) | 17 Jan 17 | 96,215 | 150.21 | 144,525 | 13,448,903 | 2.136 |
| LondonMetric Property | Patrick Vaughan (ch) | 18 Jan 17 | 171,403 | 150.02 | 257,139 | 13,277,500 | 2.109 |
| Numis Corp | Oliver Hemsley | 17 Jan 17 | 2,364,254 | 244 | 5,768,780 | 7,000,000 | 6.190 |
