There was no drilling related reason for that selling, some person was forced to sell, they could be very regretful in a week or two. We are in a "thin" market with mining stocks, it is very easy to spook holders when we do not have a lot of active buyers. The only think that will drive PIO upwards is good Ni hits or really good consistent small amounts of Ni in the test holes. You DO NOT want big nickel in our test holes based on the previous gravity and conductance surveys. "OUR" target is 200 meters and below, this would be consistent with faulted mafic intrusion of a substantial deposit, of 2 or 3 or more.
There is every chance this will be the big one, try not to get spooked out of your holdings. PS.. We have proven Ni at Blair and "proven" gold at ACRA. We are well covered anyway.
PIO Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
