RE:RE:Chevron pulls out of Kitimat Uptowndog take a deep breath . You seem to be stressing out, or maybe just venting in frustration. I'd like to offer an opinion in an effort to give you a perspective. At under 20mm shares, this company has a very low float and thus can move in either direction quite easily, especially on emotion or speculation. When we had some info a few weeks ago about the company being offered 2 options by the gov, it created hope that a resolution on the EAC was imminent.
After a stagnant period of no apparent progress prior to this, IMO many emotionally figured this it, we're gonna get the EAC anyday now and started buying in anticipation of something positive happening soon, driving the share price up. For some I believe, getting the EAC hasn't happened quick enough and for reasons of their own, have started selling, driving the share price back down. It appears to trend in the $1.50-2 range.
Remember junior gold stocks are by nature highly speculative and with it high risk/high reward. Most are burning matches, though I don't put PBM in that camp. We have the property, low float, low burn rate, dedicated management and a proven/provable resource in what I thought was a mine friendly jurisdiction of Canada.
Hopefully the facts will prevail and at some point the company will receive their EAC. Don't fret, stay calm and remain optimistic.Stress is hard on the body and mind. The wheels of government seem to roll slower than ever. I'd like to see you be around to reap the benefits, though I know we're all getting older by the day. Take care.
Johny