I have been in spec stocks that have had sensational runs when the general market is poor to defintely down ..... you have just had 3 months of relentless selling by Soros and Colonial first state ( I believe) in PLA, soo that has stopped, its tax loss selling time, many would have bought at 60, 70 ,80 cents... let alone $1.20 ....
we have just had a turnaround in the production of the mine, a fall in the ozzie dollar,.... probably QE 3 around the corner and away goes precious metals
there is an old saying in the markets.... hope it will continue to go up AND fear it will fall further if the trend changes to "falling"
so what am I saying.... for my sake, I hope it goes up, so I am hanging on now.
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bouncing off top of trend line., page-5
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