I used to follow this stock when it was trading on the pink sheets. It didn't trade very much, so I stopped following it. When did this stock start trading on the AMEX and what would be the reason to buy in now?
It was a little discouraging that the recent move up didn't sustain. Still it shows there is continuing buying interest. Must be some who bought in much lower are taking profits.
I think the reason to buy now, and I could be wrong on the timing, is that we are in a bull market for commodities and pms. This company has their finger in about s many pm pies as any exploration company I've seen.
Of course they are hedging by JVing them, but that seriously reduces the cost of getting them fully explored and into production, which means less share dilution down the road. I think it is a good plan of op for an exploration play.
So, tons of prospects in a pm bull should equal a rising share price, IMO.