I have a feeling PAK's goal will very shortly be issuing constant & consistent newsflow. I suspect there's a reason we didn't get a Dec IM Update ann (though it was listed on the IM site ha) ofc an easy mistake to makeJan IM update, and only the bare minimum newsflow as @Dazzle101 alluded to during this accumulation period.
My thoughts are this, with regards to PAK the scoping study is due for June, our newsflow will soley be based on IM prior to that. Once the NPV on our Elko project is announced we'll be drawing a lot of attention, and that will hopefully be the catalyst to take us to the next level. In the meantime I'm expecting to see plenty of revenue coming through from IM, increased % ownership, and further agreements. In order to keep the SP to continue rising higher and ensure all the options are in the money, I can understand that they'd want to keep the newsflow as tight and consistent as possible.
With that said, I wouldn't at all be surprised when the brakes are off, for us to fly through the supply and catch a lot of sellers off guard. All it takes is a brief look at the charts last year and any increase in SP was immediately sold down as we know, though PAK kept relentlessly charging back towards 20 and being sold down again.
I mention this, as our good friend Mr Grigor will want to see his options in the money, and can only imagine what will happen to the SP when those that were keeping the SP down *cough*, buy instead of sell, and drive the price up even higher. I'm not going to speculate on a price, but all it takes is a quick glance at the charts and imagine those red seller blocks as green...
Of course this is all in my own opinion, and through the last 6 months I've managed to take a much larger stake in PAK than I ever thought I'd invest in the stock market. Best of luck all holders
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