RE: Time to Act!!!Have you guys looked at the price chart on PG:tsx? Normally dissident shareholder launch a class-action lawsuit in response to a price chart that does the exact opposite of what is currently unfolding.
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ca%3Apg&insttype=&freq=1&show=&time=7
I do understand the frustration surrounding the Royalty fiasco - I would've preferred a spin-off, but as has been stated several times in as many weeks, there's more than one way to capitalise on this royalty interest. Those seeking more direct exposure really should purchase shares of BPV - keep in mind that they'll be consolidated 1 for 4, and each post consolidated share will receive .375 warrants in the new company (in order to end up with board lots in both the post consolidated shares and warrants, buy specific amounts - ie.16,000 shares of BPV will give you 4000 shares and 1500 warrants in the new company). What I don't understand are the few that continue to pout over the Roxmark takeover.......perhaps it's time to move on?
Back when the entire sector was getting hammered, I set up a theoretical portfolio of various high quality gold juniors vs the GDXJ - this, in order to single out companies that might bounce-back the strongest from deeply oversold levels. Without going into great detail, PG is currently up 63% from that deeply oversold level (I used $3.59 as a base though it did trade lower). This was only a few short months ago, making it the top performer on the list vs a 30.5% gain for the GDXJ. Obviously the market likes the way this company is being handled - I'm not going to argue.