Penbar Capital Ltd V.PEM

RE: RE: RE: Blairworks

[nagged]

pretty good summation and to add to that i expect that most  retail who have been here as long as he has are just as pissed if not sold out and gone altogether. its one thing to watch something drop because of a market downturn but pem just cant get legs and two financings at the bottom are just splinters in your azz to boot. there are lots of ways to interpret the last years disaster but i will say here and now that  the investment community as a whole will avoid it like the plague if anymore screwups happen. this is a nightmare from any point of view and we have a long way to go to regain any momentum and decent sp appreciation. what everyone has to realize is that money is steady coming out of the market and pretty much everyone is risk averse so money is real hard to get,sahres are sold to exercise options and profits are steady being pulled off the table in anticipation of another crash. its been said that everyone in the pm's exploration is underwater but thats crap, v.moa took a 50% hit but pulled off a financing in dec like it was a piece of cake. knowing that another pp is coming just a few monthes after this one is done doesnt give me any reason to get excited.