Markets Irrational? I would agree with most posters today on their comments.
Maybe there is profit taking today or just an hangover from the previous well being a bust. I think the markets are being irrational with PTA. This is a good news release.
I really think the LM field derisks this company, and provides solid cash flow for future growth. La Casona will be the next news update. I decided to put money where the mouth is and buy more PTA.WT.B warrants at $0.08 for 25,250 warrants. PTA.WT looks extremely cheap, somebody whos buys that today might make a lot of money should PTA get to $0.75 + later this year.
I think there is great value on the warrants considering the production facility coming on stream in April-May. Doubling the production from todays level should be a nice boost to the SP. We just have to be patient and wait.
Well enough cheerleading from me. Have a good day!