I understand these sentiments. Currently there is no fillip for the sp to change. Perhaps I mean there is no understanding of the future of PSA due to lack of a "presentation of a steady program for the future" by PSA. All is hush hush! Even the current well, is it good or just other news? We thought differently when told it was 2 weeks away from completion when PSA went in. But all is slow... And yet we know they have a number of leases with good prospects. Hummer? in 3rd qtr. Recent two buy ins were a surprise - perhaps the market knows this - perhaps the market does not care. ROC and Horizon biggest story of the littlelies...
Volume wise, small dollars of sales going through - this lowers sp and becomes buyers market. In this sense it is a wait and see game. No problem with this as times will change. But, whilst our reserves move into production we slowly get smaller and smaller.
Of the top 20 shareholders released monthly, there is little movement. With recent changes these now rep 57%. None of mgnt are really buying and that is not heartening. What else can one expect until PSA show they are moving in the right direction...
which reminds - AGM. Anyone going to the AGM? I'm not but would like a summary of it.
PSA Price at posting:
8.2¢ Sentiment: LT Buy Disclosure: Held
