PMI GOLD CORPORATION PMVGF

RE: RE: Does this make sense?

[OracleOfOttawa]

TD Sec and CIBC were right there hoovering up all that RBC was belching out.

They were dropping 50K at a time, no problem - they obviously don't see anything wrong with this stock....
Probably picked up about 1.2M of the shares today (1.5M sold)

Feel bad for the "little guys" who panicked and sold today.

Just reinforces what I said about how one person selling can really drive down the price but remember, for every seller there is a buyer...they just have deeper pockets than we do - personally, I am looking around for something to sell to buy more at these prices.

The Aussies are not being fooled - there was a bit of a dip at the open, but the ask is back up to 61 cents, which is where it closed yesterday.

Right now, this one is not for the faint of heart :)

Just annoyed that the shares picked up today can be sold around 70 for a nice profit, so builds up a ceiling that doesn't need to have been there.

I think the big guy has decided not to go for 20% and is lightening up a little....