Getting temptingPAT is a puny little crappy producer with no excitement built into unlike other gold juniors I own. Puny by any standard at 65,000 ounces a year. But having said that it is now showing 65/66 cents bid right now and at these levels it is awfully tempting to start a position even though it could likely go lower. I am starting to like the risk reward here. The real unknown is how bad is the management and IR team ? From reading the boards I have heard their chief IR is getting paid by both UMJ and PAT. I also heard that he is telling people to trade out of PAT in favour of buying UMJ shares. If that is true shouldn't he step down from the position at PAT ? Why is PAT paying him to sway people from there to sell ? If he is not fired for this the next question is why isn't management firing this person ? That is now my number one concern. Are these two conspiring together ? I am assuming that many long timers here have been throwing in the towel and no wonder. What plans if any does the company have to move this company forward ? And what about this Chadder guy ? What the heck is his vision for the company ? As tempting as the SP is at these levels until I see some leadership initiative I will sit it out. After all if they don't care to get this one going then why should I ? I am assuming they own no part or little part in the company right ? Otherwise they would not be doing this. Still waiting for the light but it is getting tempting. Real tempting!
Lars