yesterday's action was interesting to say the least touching 52wk / may2012 lows & then doing a very late day recovery. not bad action today. i'd agree w/ 1999 that someone is nuts to sell PVG at these levels.
we'll see in the next few weeks how this all plays out.
this is true... however I think I'll hold off until the end of the year before making the change. If the feasibility study is released and we are still trading below 16, I'll be backing up the truck.
Company has an easily sellable product. At this valuaton, the only conclusions are sellers either:
1. Think gold is going down to $1000 or lower and staying there.
2. Don't believe the current resource estimate / or cash costs per oz
3. Think PVG will have issues with permitting.
None of these seem likely at the moment.
Maybe that filthy SSRI is selling shares to support SSRI.