PMI certainly is in the right location, namely Ghana, and at the right stage for shareholders to reap rewards as it heads towards DFS mid-year.
I know Disco is of the same opinion as you, but was a little taken aback by yesterday's market depth. It does seem to have improved somewhat today with a few more buyers stepping up to the mark. However, the selling is relentless.
According to TA, it is very oversold and has been in that territory for a few days now. I had hoped for today's ann to trigger some enthusiasm. Perhaps the gold grades are on the low side... any thoughts?
PVM Price at posting:
92.5¢ Sentiment: Hold Disclosure: Held