RE:RE:PGE falls 25% from Jan. ‘21 highs.I really don't know. My sense is that Rowley is about as genuine as they come in this biz, he's certainly not prone to 'puffery' or spitting out PR's just to support the share price. Problem is, it's still a penny stock, so when it falls, it's dramatic on a % decline basis (of course it works the other way too, thankfully). They need to strike a balance or there will always be folks who either get bored with holding it (without some occasional supportive news) and sell, or others who can't stomach a 25% weekly drop and just bail.
I do think their collective data has determined that what they have is substantial, but I'm not sure they've seen good enough assay results from what they've drilled to confirm it necessarily. In any event, I also sense that Rowley is a CEO who likes to have ALL his ducks in a row, packaged up and ready for delivery, before he gift wraps them for public consumption. I'd rather he provide little 'gifts' along the way instead of waiting for Christmas, but it's his call to make. I only hope he sees what that strategy does to the share price and his market cap in the short term.