yes good evening all, Its good to debate the pros & cons of PYM. Keep it up as good to get your views. Have been an investor for many yrs now (I like oil & gas and fortunate having got in QGC, AWE & OSH and WPL & others way back in the 2001-2003 era. More luck than anything.
What captured my thoughts was that McCauley & Rawlins & Lloyd paying up $6.58M for 18.8 shares at .35c. It reminds me of the early yrs when cornerstone investors parted with this sort of $$ to get QGC going. I realize PYM will never be a QGC. Here we have large investors forking .35c for to expand exploration & any discoveries will benefit me/us whilst we get in at these low prices. Maybe I am missing something!
I also like the note back in 17/3 annual report about the top 40 shareholders in the Company remain, for the most part, unchanged. I haven"t checked it out recently. But this must say something of what the larger investors know. Plus PYM seems to have quite a few projects on the go and just one very significant discovery should impact the current low SP. regards Freespins
PYM Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held