Pan Global Resources Inc. V.PGZ

stock price going down quickly

[venus]

Looks like a classic pump and dump, again.

[pmc51]

The price is down but volumes don’t suggest that..I suggest the reason is more likely lack of assay results 

[mahoon]

Do yourself a big favor and don't sell until the assays come out , it appears that PGZ is on the verge of becoming a world class copper play.  Patience is mandatory here.

[pmc51]

This is an exploration play,not a dividend paying blue chip so everything hinges on what the assays come up with.So far everything looks pretty good with all holes showing copper as they continue to step out but until we actualy can define the quantity and grades,it’s just a waiting game...but I expect we will have a far better idea of what’s there by year end  

[venus]

Like I said, classic pump & dump, I should have done myself a favor and sold.  Back to ,10 cents?

[pmc51]

Or the market makers seeing the opportunity to whip the share price around..the assay results are all that is going to count and determine the shareprice in the long run

[pmc51]

The problem with market makers is you never know what their bench marks are, it’s pretty easy to  throw a bunch of stock at the  market, ,spook it and then at some point come back in ..The only thing that counts in the long run are verified assay results and what a mining company is willing to pay for it