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Bullboard - Stock Discussion Forum PMI GOLD CORPORATION PMVGF

GREY:PMVGF - Post Discussion

PMI GOLD CORPORATION > Looks like Clarus is back in the game...
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Post by OracleOfOttawa on Mar 17, 2011 11:42am

Looks like Clarus is back in the game...

which is encouraging - buying up big chunks. Unfortunately, Scotia is unloading for whatever reason....

Oh well, whenever people sell, always someone there to pick them up... too bad it is at such a low price :)
Comment by Kadillac on Mar 17, 2011 12:19pm
Hi there,I am looking to buy this stock, looks like it has huge potential.  One question - there were some insider sells close to $1.00.  Was that due to insiders getting in on private placement...  I am not here to bash the stock, just trying to fully research it before investing.Thanks for all your help...  Is it a good buy at the .66 level...Thanks,Kadillac
Comment by OracleOfOttawa on Mar 17, 2011 12:35pm
I wouldn't worry about insider selling on this one (but could be wrong, lol)There was one "person" that owned 20% before the 1 for 2 and Aussie IPO, and i think they are lightening up.That is my opinion on why the stock price is darn low.I am long, and obviously believe this is a great price to get in. Thought we were over a buck for good, but nope, not yet - hey, nothing goes up in ...more  
Comment by jrai on Mar 17, 2011 1:20pm
I am starting to position at these levels.  Like you guys mention the risk/reward ratio is very favorable.  Plus with those extra rigs going out by summer time.....we will continue seeing agressive drilling and lots of ongoing drill results.I noticed that too...Clarus has been buying big time over the last couple of days.  Are they are fairly large house and/or mostly institutional? ...more  
Comment by OracleOfOttawa on Mar 17, 2011 1:46pm
Clarus was largely responsible for driving it up from 60 to 1.00 just a bit back...Think they picked up 2 - 5 million shares anyways - anyone out there with a more accurate number?Today UBS is biting off a good chunk, but Haywood has also been selling....nice move up.
Comment by momentum_picker on Mar 23, 2011 3:25pm
Clarus has been getting institutional buyers...their analyst said its his top pick...GO LONG NOW!