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I have been trying to get my fingers down the sofa to see if there's any loose change.
This is far too cheap and will shoot up at the blink of an eye. Can't think of any other on the market which provides such good opportunity.
Atb
Last minute scrambling doesn't bear too much fruit.
If there is a a general belief this will go up 20-30% from nowhere the time to get in is now.
Many have been caught out .
If there is one person who has done research and scrutiny on PM its WOS.
I can't really see anyone else coming even close. Its just a matter of time before this will start climbing steadily but slowly and that's exactly what happened previously on a bit of good news.
Hold tight. Don't give away your shares for nothing. The best is yet to come.
Whoever believes they are correct in their own analysis I say fair enough. The facts can't be denied.
The bounce back has been almost instantaneous. This just goes to prove that those holding here have faith in this company and in particular the management.
This will bear fruit no doubt..
Master you said it again. Glad you did.
I have said this on numerous occasions.
No amount of ranting, ramping, deramping or name calling will make the slightest bit of difference to the sp.
Only material facts and information from the BOD changes anything.
Atb
Well Folks.!!
Now that the dust has settled we are still at 5 and that signals more buys tommorrow. If there are still some not sure there is a good chance to grab this and come onboard . It has shown a lot of resistance to go further down and the medium term prospects are still the same. Nothing has changed apart from a slight delay in getting the certification.
Its really still cheap.
Another quick point IbIza.
I wouldn't put it beyond the chinese to pick this contract right from under the noses of any company.
But I don't think it will happen in this case. Many contracts have ben lost in Africa, S.America by western companies and given to the Chinese especially in Infrastructure improvement,construction and Mining.
As we move on from today's announcement this is now set to gain momentum and will be moving up slowly but surely.
The RNS was going to put this off course as some have suggested but as everyone can see that hasn't been the case.
The news going forward can only be positive and now the MG is aware of what is expected to get the wheels in motion as the details are already discussed.
You can see this clawing back already Iamrich. This is going to keep on climbing and may hit around 5.5 later around an hour before close. After that there migh be a correction factor as the day traders move in but it wont go below 5. Thats my take on the days proceedings. I'd rather it takes time to move up slowly.
Its a trend i've witnessed in many stocks currently Hamm. The market reacts to any news only to realise that nothing major has changed the direction of progress. This is a very minor setback if you can call it that. There is no doubt this will back to 6+ in a matter of days if not sooner.
This is yet another bearaucratic delay to obtain the necessary certification and approval of the exploration area.
It doesnt mean that progress will stop and have hit a brick wall.
This is going to bounce back and preety rapidly.
Gosh!!!
All this hype about a piece of paper waiting to be signed.
Cant imagine what would happen if PM actually started drilling and bingo oil actually flowing. There's lots more in the tank.
Few more days and all will be revealed.
ATB