Aftermarket update - PGM targeting .025 = GOLD $$$ hi all, another great day for PGM as we almost hit another 2 million shares and we have a move coming to .025 as the levels are closing on the .02 cents ask. As for the day we did end up at .02 cents to close as someone got in at the last second. see link for trading history...
https://money.tmx.com/en/quote/PGM.H/trade-history As for PGM we are in great shape and moving higher as the trend is a BUY on the technicals. The chart is looking healthy to start the year for a penny stock. Also we need to remember GOLD is just getting more and more support from overseas as we will see another move higher on the spot price tonight. So get ready again as we look into the morning. Here is the chart for today on PGM and looking good when we see green candle stick patern. Also the blue and red line are getting further apart as the blue line is indicating a breakout soon. Targeting .025 is on the way!!
Now looking forward to the last two days of our first week back we have no news yet for 7 weeks. This is very bullish on the fact we no more now on what is going on form the KSV Advisoty of Canada and the reporting that is needed. Plus we trade on the NEX so we are protected to trade shares and on the OTC. Right now we have an opportunity to eventualy see an update to speculate a higher price. The biggest concern i have is some sort of squeeze on the share price or a major event that can create a strong buy. It can be the GOLD price move or news on the mine being taken over as a sale or share offering from a major minor. Right now we need to trade this as a penny stock and to make money and take profits. I mentioned this before i have a target i know i want to sell and take my profits. This is not about wondering what will be or who will do what from Pure Gold or Sprott.
So good luck tomorrow as i will not report tonight on the gold price moves. We should be in good tartget range to hit $1870 soon and higher. This alone should add a modest $10 ounce for 1 cent move on the share price on PGM. We are behind and will catch up to a min market cap of $28 million soon and .04 cents modestly.
now her is a market wrap up from Greg and its a good one!!