GREY:PTQMF - Post by User
Comment by
ajootianon Sep 06, 2011 9:20am
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Post# 19013705
RE: POG near $1900/ News Flow Must Begin
RE: POG near $1900/ News Flow Must BeginI hear you, but query whether it might be better to let the stock flush itself out over the next few weeks, with all the cheap Iberian stock hitting the market, and then start putting out news a few weeks from now when it should hopefully stand a better chance at moving the stock.
Given how high the payables/accruals were in the last filing they are likely going to have to raise some more money at some point in the not too distant future, and I don't believe they have much interest in increasing their debt or prepaid sales contract with DB, so the price of their stock is going to be critical over the next month or so in order to minimize dilution to current shareholders.