GREY:PMVGF - Post by User
Comment by
Boolishon Nov 29, 2011 9:34pm
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Post# 19277035
RE: RE: RE: Rebecca Greco and update on Doug
RE: RE: RE: Rebecca Greco and update on DougIn today's market it is quite common for a startup to trade well below the IPO...I think one can be extremely patient....Smash minerals is a good example....this the old Underworld crew....thing got roofed on the hype it was the same directors. Another one is COR...same crew as a decent sized takeover...can't remember the name. Check the charts on those two. End of the day one can't change the geology....no matter whom is on the board.
I consider myself to be reasonably sophisticated....this game is like a giant puzzle. I am pretty sure old Dougie boy has PMV's two biggest shareholders in his pocket. That would be Mr. Miller and Mr. Taylor otherwise known as Waratah investments. There was a shreholders letter put out a few seasons ago....still on PMI's website where Doug implicitly thanked the largest shareholders. If you go to canadian insider these guys been selling some of their paper they bought in the .30 range well over a wheel for 4-5 baggers. Pretty sure they rolling it into Asante for another sweet round of ultra cheap paper.. Another instant 2 bagger the day it IPOs. Like I said....nice work if you can get it. The due diligience is always out there if one works hard enough....you just have to connect the dots.
I'll stick to PMV....that 43101 is a nice back stop in an otherwise fugly tape out there.