Double What It Should Be
PVG's stock price is double what it should be even after the 20% drop yesterday and another
6 or 7% as of this morning.
They did everything wrong by first building too big of mine (too much debt) and then doubled
down and expanded for higher throughput then they can't mine enough to feed the mill even
at the original milling rate and now they say they are going to use a more selective mining method. Remember the sales pitch... very low ASIC and high grades. It is turning out
quite the opposite.
Total mismanagement from day one.