Post by
godisgr81 on Feb 21, 2017 9:54am
Upcoming Catalyst
Some market moving catalyst in the works. I don't see how we stay at this level for long unless POG tanks under $1200. With current NAV and AP prospects we should be trading around .70 - .80.
Below are some event driven timing and we should see sp move in the right direction.
- Update on Anna Paula. Some news on infill drill results? This week maybe???
- Update on Sanfran. Improving status on production. SeekingAlpha will eat his words
- 4Q and year end 2016 results. Should be coming out next week. Or the week after.
- Update on the PEA and permits. Expect to see something in the next few months
I think it makes sense to release news just prior to BMO conference held this week. Just my 2 cents but If I were the new CEO, I need to get moving on the positives and get the word out quick. Previous CEO was MIA. The BOD were brain dead and now is the time to take ACTION.
The management with new CEO is doing all the right things so far like getting the story out and looking to improve prospect on Sanfran and release some exciting infill DR on AP.
Watch whose buying this week. Don't be surprised if MMs nibble here and there. This should be the floor and definitely better days ahead.
God bless the Longs........ Our investment will prevail..... Just need more patience....... POG need to cooperate....... Perfect Storm maybee....... Just Maybe.........
Comment by
SilentRiver on Feb 21, 2017 10:24am
Good post and information Godisgr81. Did anyone notice we've had over 4million shares trade hands in the first half hour or so of trading this morning. Looks like #15 UBS Securities Canada Inc. is the big seller and #2 RBC Capital Markets the buyer. Something is on the go glta
Comment by
auburn2 on Feb 22, 2017 11:41am
UBS had to unload 4 million shares. RBC were there to take them all. Cormark has bought well over a million over the past few days. This isn't casual money but represents calculated accumulation. Selling your shares into the bid is nothing less than throwing away your money.
Comment by
bobofet on Feb 22, 2017 12:35pm
Your post is great it all makes sense and yet as was said many many many times this past year, we should be trading at 70 or 80 cents but the point should be why are we not trading where we should supposedly be..... is it all dilution.... is a rerating past due? not sure.
Comment by
auburn2 on Feb 22, 2017 8:37pm
You ought to relax. Cormark bought 593,000 today, some at the 52-cent ask. No one had a gun to the head of that trader, but the buying was eager and consistent all through the day. That's 1.5 million shares bought through Cormark since this time last week. Is this dumb money?
Comment by
bobofet on Feb 22, 2017 11:08pm
No it should not be dumb money.. and yet getting back to the question, I hope we can get past this standstill, I hope we see good news come out soon.... and I hope we can get some traction and move this stock to where it should be? signed Relaxed for years now.