I still dont agree with...... some of the . optimism being posted lately. Without a shadow of a doubt , mill expansion should improve the economics at some point in 2019. I have no idea where POG is headed, nor the exchange rate, but basing a possible puirchase based on these considerations seems premature. How much downside risk there in the sort term???? I dont know. The likely financial results in March must've been pretty well digested by the market already, so untill Q1 initial numbers are published seems we're all pretty much guessing.
One would have to think we now near a short term bottom / support level but the market still appears to be extremely bearish on PVG, and I'm still unwilling to go against the trend.
But there are starting to some well thought out comments here, amongst all the usual drivel.