Things must be bad if...Guy cannot even scrape together a positive NR of any kind from either BdD or Escondia, or any of the other things he could throw on paper, like permit accusition update, filings, anything postive would start moving this baby in the right direction.
Hold tight to your shares, because he could release a NR anytime on anyday, about anything. We would blow through the low 40's easily, whether we hold there is another story.
There is not much to do at these levels but to buy more, it may take a few extra weeks or months to hit that $1 or $2 sp, but it will be worth it when it comes.
PLE can not afford too much more dilution, but how else does this company pay for the drills and stuff? Hopefully some tough decisions are made at the shareholders meeting, and the shareholders decide on who is best for taking this company to the next level, Guy needs to work on a lot of things, hire some help, release a monthly newsletter, update everyone on a regular basis, good or bad.
Maybe Guy is just riding out the rest of his contract or whatever, I am sure he gets paid a healthy sum just to be the "go to guy", and 2-5 million shares, even at this price is a nice chunk of change. Maybe Guy doesn't have the fight in him to take this company to the next level. Why is it always Guy in the limelight, good or bad? Where are the rest of the directors? Hopefully these people are not just sitting on their shares and options, hoping to get removed from the board and cash in. Guy did look up there in age, in the photos of him.
Just some thoughts of mine to ponder...quiet in here today