I still consider this a good trading stock but the sp will have to steady out a bit, The market certainly didn't like the recent announcement. This stock was called a bargain buy even when the sp was near $1.60,so going on that,what is it now. However,$5 in the future is very optimistic unless there is a huge increase in reserves and ng prices hold for a couple of years. If this stock has such great potential,why is the market valueing it the way it is. I guess if I had a large shareholding like you,I also would be trying to ramp it up and only look at the positives. I consider it a very disappointing stock,just like avm,which was also going to take off in a big way once the canadian listing got under way. I have held both stocks in the past but will not re enter until a more positive trend is evident,and that could take a while.
PSA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
