PMI GOLD CORPORATION PMVGF

What is going on?

[dbraunraich]

Does anyone know why the stock has traded so low? New CEO or what?

[OracleOfOttawa]

I think the problem is that this stock is actually pretty "il-liquid" - there are some people out there with pretty big blocks. They don't care about today, they don't care about tomorrow. As long as they get a good return on their investment they are happy - their time horizons are a little longer than yours or mine probably.if this thing goes to three or four dollars in a

[twintomatoes]

Ottawa, you pretty much summed it all up!Few things I might add, gold is just in a consoladation phase before its next run up. I predict 1600-1800 for the price of gold.The states is running a 1.5 trillion deficit next year! They are printing press can't keep up- they are ruining thier dollar!PMI gold IMO has never been in better shape! They have a great management team now, they added some

[OracleOfOttawa]

Trying to figure out why someone would want the stock price low, unless of course, they were shorting it.How about this?You are going to grant some options.  Now typically you want someone to think they are going to make money off the options, so the lower the option price and the higher the potential of the stock, the better.BUT, if a stock is trading around 80 cents, you can't really

[twintomatoes]

OttawaThe 5m options to Mr Ellison were at 90 cents! Well I guess I was right...or wrong whatever way you look at at. I thought we wouldnt see the 50 cents again(really meaning 60 and above only) today we have a low of 46 cents WTF???RBC bailed bigtime on this stock, not sure why? Like I said yesterday the fundamentals with the company and gold in general are still in tact. The truth it really

[OracleOfOttawa]

TD Sec and CIBC were right there hoovering up all that RBC was belching out.They were dropping 50K at a time, no problem - they obviously don't see anything wrong with this stock....Probably picked up about 1.2M of the shares today (1.5M sold)Feel bad for the "little guys" who panicked and sold today.Just reinforces what I said about how one person selling can really drive down the