RE:RE:Pretium is a one mine companyAll indications is that gold is going up, not down. Gold is most likely to touch $1800 before it touches $1250. The shorts could be in grave danger soon.
miningman wrote: Without a doubt , if POG goes to $1600 PVG SP will soar at least temporarily. However if POG goes back to $1250, what then?? Relying on an improving comodity price has always been a mugs game when investing in mining stocks. You might as well flip a coin.
And as for the shorts loving the stock , thats simply because they believe the risk/reward is their favour. On going missed guidances originates with management and works in their favour.