I Am Capitulating Here- It's Time to AddMost of you know that I am no fan of pvg management. I have been critical of these purported pollyanna grades they touted and sold us based on aggressive drill programs- pre existing and prior to ramp up. They may have cherry picked drill sites where prior drill projects identified veins like Cleopatra. The developmental muck bs memo which allowed ZIJN to flee. Insider sales...although those were essentially freebies.Having said all that...
We all have one thing in common. We know the value of gold and we also know there is no bank issued paper worth the pulp. Mining real money in a world swimming in fiat a**wipe is the place to be.
I am buying here. We are the best value play in the gold mining space.
PVG valuation has to rise. We witnessed a trend reversal when Joe O. finally acknowledged that putting lipstick on a pig doesn't work- I think that happened during the last quarters rather dismal report although I didn't listen to the conference call. He might start acting responsibly. The bad news is out. I am adding to my position this week. I'll take a one bagger here to 15 and call that a fair valuation with a POG headed for 1400. Even getting a little sugar for our silver too!