Post by
mrrbc on May 10, 2016 9:49am
Never ending dumping continues
Cudjo, you are certainly living up to your frothing dog handle.Dump, dump, dump - and yet the price is not eroding to oblivion. It would be a very dangerous game to short pre-PEA. I'd recommend you purchase some protective puts, but alas there are none to be had. GLTAL! Beware to all shorts.
Comment by
mill44 on May 10, 2016 10:26am
You can say the same about Oiltar's posts. If this were so obviously undervalued, you would not struggle to find buyers at 18c. It is clear that the market is equally interested in the other set of numbers. They know what's under the ground, now they want to know how much to dig it up and how will they get the funds for it.
Comment by
mill44 on May 10, 2016 10:39am
With the last set of news it is hard to imagine this ever going back to 10c, but the market is not ruling it out. I think the big question is 500M or 1B. Ekim says margin is king, but the market seems to say that no matter the margin, there is no way that PGD can get their hands on 1B, or not without major blood loss.