RE:RE:Silver"I'm very long on this"
unfortunately the Chairman of Prophecy does not have a respected reputation and that hurts the credibility of his projects. This is a well known fact within the investment community and has been known for years.
Because of his greed, obstinacy and even arrogance he was not able to negotiate with Mongolian government PPA for power station project and same his week performance shareholders experincing in Bolivia for years. The CEO of NUAG ( Rui Feng) came into Bolivia 2 years later than Lee, has signed the contract with Comibol ( government) already has won two strategic investors ( Silvercorp and Pan American Silver) bringing the company's market capitalisation near $400m level... and that with notable poorer deposit than Pulacayo/Paca..
... but in painting of gaudy presentations that mislead shareholders, spreading bullshit via twitter , keeping last shareholders interest through repeatedly new "honeypots" like strategic agreements with Chinese SOE ( without to name it), last year anticipated NYSE listing and vanadium royalty spin co, promised strategic investor by year end, gold project in Madagaskar etc etc, Lee is a world champion.
In the current bull gold/silver market PCY is poised to got up but be aware being very long here:).