OTCPK:PGMFF - Post by User
Post by
tdsbon Jul 16, 2021 12:08pm
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Post# 33559849
goldanalyst
goldanalystIf this stock drops to between 80 cents and a $1, we won't be the only ones looking at Pure Gold. AngloGold Ashanti owns quite a few shares and they will move fast on this play. They just took over Corvus Gold, they seem to be in acquisition mode. A lot of investors won't like that because the premium is usually around 30 to 50%. At these prices I'm out and will wait to see what happens. A 30% premium is not bad if you bought at $1.00 but it sucks for most other investors.