I wonder who they will be buying? $3.75 would be a nice buyout price for us longs.
not many metal companies have been rising lately... hmmm? very interesting.
Sentiment: Strong Buy
Not sure. That would be nice but I know they already own a big chunk of Primero, PPP (or 'P' on the TSE), which happens to be the only other miner I own shares of.
Nice to see a post from you Jack. GS saying that PM are oversold and as I said before 55% of ownership by institutions and insiders. Shorts have double up their positions last month. Any kind of pop and the shorts will be squeezed hard.
I bought another 10% today. With institution and insiders holdng as much asthey do, think we will get another leg up. I think I'll regret not buying more.
Smart move...buyout coming soon.... :)