Hello longs...I am the most happiest long who likes to see PGLC consolidating at .50+ range..No short sellers,no jokers,no crowd who dont understand PGLC.It is pure true market which reflects in the past 1 week of trading.The investors who are buying now are the real people who believe in this stock.
I am a Long but i am waiting to hear on the money part..lets call it approx 20 Mil $.I am guess a future profit share with CDE and an intervention from FNV to drill for silver in the newly acquired land...The main thing to note is that they have tried to buy this land very much close to the facility...
I am sure SAlfers dint buy this out of the hangover from the previous week.This new land buy has something strong behind it..
it seems like high .40's is the reset button kinda like high .20's was before. I do get a little nervous with the big picture though. All markets are getting long in the tooth. Im hoping the next 18 months will be stable, especially for gold. Medium term its hard not to like whats going on with PGLC. Wonder what the next big news will be?