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Market Vectors Gold Miners ETF Message Board

klon98 2 posts  |  Last Activity: Jul 2, 2015 3:09 PM Member since: Jan 5, 2009
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  • Reply to

    Another year, another bought deal

    by blackoutbuzz Jun 3, 2015 5:51 PM
    klon98 klon98 Jul 2, 2015 3:09 PM Flag

    Good question -- maybe the private placement gets some privleges or advantages which regular shareholders do not. Converting from $CAN to $US at about 0.8, the cost to private placers was about $1.00 US per share -- seems they overpaid. And now the overall holdings for everyone are further diluted -- this may explain why today's price has fallen to $US 0.70.

  • Reply to

    Just checking In

    by ob3nj Jun 16, 2015 9:59 AM
    klon98 klon98 Jun 16, 2015 11:33 AM Flag

    Agree that Pandora will continue to fall, but go to -0- ? Why do you expect it to go bankrupt? It started upwards in Dec 2012, peaked in march 2014 and made a low of 14.50 this past March. Why do you expect it to fall lower, and when?

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