re: Ann: PMI Announces Interim Order For Merg...
Yesterday the final trade was around 1.24 pm!
There were a couple of large buys (over 100k shares), but it looks like the small retail investor was too spooked to buy shares despite the low share price.
This morning PVM is up 14% on the TSX to 64 cents, so hopefully there will be some follow through here today so long as there are no big sellers around dumping their shares.
PVM needs to announce its funding deal for Obotan to settle the market. This could take a few months to arrange. The sooner this happens the more likely they will have an operational mine in 2014.
loki
PVM Price at posting:
55.0¢ Sentiment: Hold Disclosure: Held