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Bullboard - Stock Discussion Forum PMI GOLD CORPORATION PMVGF

Metals & Mining Gold

GREY:PMVGF - Post Discussion

PMI GOLD CORPORATION > It's no wonder
View:
Post by FmrAnalyst on Oct 20, 2011 12:22pm

It's no wonder

Insiders are selling. Executive Director sold yesterday at $1.05. Obviously they have little faith in the stock climbing higher.
Comment by wisedog on Oct 20, 2011 1:09pm
If that is the case ever considered that they may may be selling stock to correspondingly exercise their in the money options ?
Comment by FmrAnalyst on Oct 20, 2011 3:31pm
Nope. Looks like a pump and dump to me.
Comment by OracleOfOttawa on Oct 20, 2011 9:27pm
Well then it sucks to be you.  LMAO, think about it. Pump is based on rumour and speculation.They have 4.5M ounces of gold in the ground and that number is the only thing that is going to get pumped up as more results come out. This company is notorious for low-profile, I don't think they know what the word "pump" is.Have to have been 35M shares trading this week - that's a ...more  
Comment by Boolish on Oct 20, 2011 11:20pm
Cheap by any and every metric. Good consolation day today. Tomorrow I bet we hit 1.15...Gold due for a cycle low.
PMI GOLD CORPORATION