GREY:PFRMF - Post by User
Comment by
GoingGreenon Jul 27, 2011 3:28pm
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Post# 18879829
RE: RE: RE: NY Times Article on PMU
RE: RE: RE: NY Times Article on PMUDid you watch the whole video. I did!
"The Company remains confident that it will either receive the El Dorado permit and mining concession or that it will be appropriately compensated."
That is a quote from today's press release.
Naive.....maybe.....buying more......little by little. I never said this wasn't a risky play. With risk comes reward. When others run, that;s the time to get a bargan. If this was currently trading at $1 or $2 or even .50 I would just be holding. IT'S AT .17!!!!!!! Dirt cheap and pocket change that would just get wasted at a casino anyways.
If it goes bust (which I doubt), I'll have a capital loss. (which I always need)
Don't get me wrong. I wouldn't be betting the house or my retirement founds on PMU. I just like the upside that comes with this kind of story. Wasn't I right when I said to watch for the rise in the SP before the tribunal? It rose to .34! Did you sell some? I did! It was textbook. So at this price, you know the same will happen again when the speculators come back.
Now do I sound so naive?