OTCPK:PGMFF - Post by User
Comment by
porc2019on May 06, 2021 5:00pm
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Post# 33146226
RE:Disastrous Startup Creates Buying Opportunity
RE:Disastrous Startup Creates Buying Opportunity
Hate to say it but your video is not entirely convincing to me. There is a huge jump in short interest in the last month from 400k to 6 million shorted shares. Also mgmt has not been buying any shares despite a 50% drop (participation in PP doesn't count as it was a prerequisite for getting PP money). Lastly they have encountered a unmineralized dyke. Ceo says this was calculated but impossible to know when and where. What if their model underestimated the low grade dyke amount in the property. I think this is a high risk situation, sry to say.