NYSEAM:PZG - Post by User
Comment by
rgrieveon Apr 11, 2011 1:06pm
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RE: Why the selling pressure?
RE: Why the selling pressure?idleintruder, the report is not bad it's just not as good as the market expected. I exited the stock about three weeks ago around $4 when the " regrettable mistake" happened. I became uncomfortable at that time after the drilling error, being drilled on CDE property followed by the kennedy mistake.
I moved all proceeds to UXG as I wanted to move the money into an explorer that is more advanced than PZG. I was previously a shareholder in UXG when McEwen bought the company in 2005 and did quite well so I'm riding with Rob again as it looks like he has a monster winner in the El Gallo project in Mexico.
I will continue to follow PZG with interest.
Good Luck,
rgrieve