PLV pluton resources limited

deal or no deal ?, page-27

  1. 10,557 Posts.
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    Peetey yes plv is at 17 cents. Yes it has provided immense loss to holders. But mate do me a favor before u type a response and research the probability of an explorer becoming a producer and eventually delivering rapid growth and profit. The answer is obvious. When you invest at the casino end of the market your risk/reward increases dramatically. When you invested in plv you invested on the potential of the acreage not on the potential of a proven asset. You made a choice to invest in a stock with full knowledge that even if management were flawless in their approach we could still hit "dirt". You took the risk. The truth hurts. Open your eyes and look at the broader market - capex issues and poor exploratory results is the norm. Check out NCM and WPL. Now it is people's right to be critical but all I ask for is some unbiased, emotionless and objective analysis. Whenever an issue arises identify whether it was due to poor management or external factors beyond anyone's control. Just a quick note, was anyone here complaining when plv was in the mid $2s and over valued?
 
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