RE:RE:re: The Shorts Will Lose It Tomorrow!
I too believed the PVG story (low cost, high grade) going back to 2010 long before they went into large swaths of debt.
The straw the broke the camels back for me was the huge collapse 2 years ago around this time of the year when during the "explanations" Joe O casually mentioned that their ONE drill broke!
That to me was the most ridiculous thing coming from a company that raised hundreds of millions of $$$ and borrowed even more and took forever to get the damn thing built in a not so friendly location and start mining and then everything grinds to a halt because - you didn't think of having a spare on hand? That was it for me - Sold at $9.20 USD (before it dropped a few more dollars) with cost basis of $6.10 and it hasn't gone much of anywhere since then.