OTCPK:PGMFF - Post by User
Comment by
flashcashon Sep 13, 2021 4:19pm
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Post# 33850135
RE:Pgm is just getting started
RE:Pgm is just getting startedtimjim0417 wrote: I think we should all try to think objectively about this stock right now. (+)s They just announced commercial production and grades are improving something like 5.5 or 6.5 g/t. Averaging more than 800 t/d. They expect costs to go down over time. They will hit the 8 zone sooner than expected. Gold price has been sitting around 1800 USD. Inflation around the world may cause gold to spike. (-)s They have no money basically and have to do these finance deals that dilute shareholders. Sp is down to 52 week low. They are cashflow negative. Momentum is somewhat low but volume is increasing with low sp. So with all that what are predictions short term for next few months and long term.
I am still invested but would like to see the back of the management to be honest !