If someone told me that I could buy PLA shares for 72 cents again a couple of months ago then I would have gone all in. But I have concerns over market direction at the moment and with a lack of a bounce (compared to every other stock) over the last week the situation for PLA's share price does not look positive. If we have a bad red day this week then there goes 70cents.
What I do not understand is the lack of an update or even management buying at these levels to give shareholders some confidence.
We do have a DFS due this quarter and I guess we wait for improving production numbers.
PLA Price at posting:
71.1¢ Sentiment: Hold Disclosure: Held