Post by
mrrbc on Mar 10, 2015 2:22pm
The market is not convinced...why?
Assuming that all available information is considered by the market and the SP declines, the market is suggesting something negative. Fair enough, but for the life of me I cannot figure out what those factor(s) may be. The objective facts (NR content) are clearly positive, and yet we see a SP drop. Any ideas as to what the countervailing, negative information that the market is evidently factoring in? I can't see it.
Comment by
alberto782007 on Mar 10, 2015 2:41pm
It is an exceptionally bad day in the markets, but even so, I too am surprised that PGD hasn't moved up a bit.
Comment by
mill44 on Mar 10, 2015 2:51pm
SWY is not dropping, SGF is not dropping, IVN is the same, the market is not affecting these. We were told that wemight have a pipe as good as CH6 and we go down. It is about PGD, even if it's just a temporary thing.
Comment by
justanormalguy on Mar 10, 2015 3:07pm
It's Dundee's turn now. They drove it to 19 cents.
Comment by
woundedknee on Mar 10, 2015 3:12pm
Unfortunately, it looks like maybe a close under .19 Markets are a mess and the U.S. dollar with all of the debt is high. still long and that means 2 years at least. Got to see how the warrants play out next. gl
Comment by
mill44 on Mar 10, 2015 3:16pm
The CAD is at an important point. It coud drop 20% in a few months. People waited till the last minute. The stock did not move and there is little left that can move it for a while. Too risky, so they get out. They can get back any time.