RE:I feel like the shareholders are being ripped off with PG. I really believe you should find another place to put your money - somewhere that you would feel more comfortable. Best of luck to you.
As far as today's action goes, every gold stock I own or follow behaved like PG today. All of them down on a dramatic up day for gold. I believe that the instability in the mid-east (and US for that matter) has people moving out of equities and into cash and precious metals. PG stock is an equity as are all other gold stocks. But they benefit from the move up in the price of gold, so I expect they will rebound almost immediately - they have in situations like this in the past.
Longer term, I believe that a large part of the market waits until after they see a change in the financials before they move. For instance, the price of PG dropped dramatically when they published the first quarterly after wrapping up the initial phase of mining at South Arturo, even though anyone paying atttention knew it was coming. Right now we know that production numbers will be up dramatically next quarter, but apparently the market hasn't recognized it yet. I won't be selling just yet,