TSXV:PEM.P - Post by User
Post by
PositionTradeon Oct 15, 2014 10:39am
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Post# 23029347
Pressure test : Dow lost 300p at 9:35am
Pressure test : Dow lost 300p at 9:35amMkt is under very high pressure, if not extremely high pressure, all major index are in a crisis mood.
PEM is not outside of mkt, and it is under a high-pressure test now!
The good signals are :
1) so far nobody gave up!
2) the mkt depth is good now.
That means: investors and speculators sees Value here, sees a faborable reward/risk ratio here!
If
1) PEM can stand well for 3 more days, and
2) gold can stand above $1200/oz,
3) can get financial blood injection
then
PEM has a good chance to start new run considering it has only $2m mkt cap and very promising projects
JMHO