Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 V.PGM

RE:RE:RE:RE:PFS

[Xrock7y]

I’m afraid PGM has fallen victim to the “pump&dump” and “buy the rumour, sell the news” events. Once the first few short-term traders decided to take their profits today, the rest of the lemmings inevitably joined them in a mass extinction event we’ve all seen so many times before. It's kind of pre-programmed by nature - when one jumps over the cliff everyone else does as well, even if they don’t understand why. So it’s us long-term holders who are now left behind with that deflated feeling, even though the study released today ticks another box and moves us one step closer to the ultimate goal. No doubt this is going to be a successful and profitable mine for someone. More importantly, given its location, I feel this stock also remains an excellent takeover target.