RE:Year LowYes, it hurts to see the price decine, but the key words in your post are "a lot of others". I couldn't believe there was no initial reaction earlier this morning to all the drilled meters they were able to accomplish. Not every hole will have fantastic results, but will certainly add to the knowledge of the size and depth of the deposit. It's way too early to discount the pending assay results that the share price decline was a reflection of, and I think the renewed buying today demonstrates that.
I was hoping to free up some more funds to buy more today under 20 cents but didn't quite make it. Not sure if it will go back under 20 cents. Was able to pick up shares the last two days though at what I thought was a bargain. Exploration market is terrible right now, as most of my exploration stocks attest to. Parted with some losers that might turn around eventually, to add to PEX this week.
Best picks these days are the explorers that can both attract exploration funding and have a decent shot of proving up the needed resources to be bought out by a major. PEX fits into that category IMO.