Its hard to believe that PLV a producer is trading below 8c...I feel that people are losing sight of the big picture with all this short term hate...some key things to remember are: 1) We are one of the closest producers to our customers 2) We have some of the best ore in the world 3) In the horror year for iron ore stocks we have still managed to get pre-sale agreements amongst other things. 4) The Chinese party (what ever they want to call themself) did take a stake in PLV at a premium at 36c.
Dont lose sight of the big picture peoples cause when this negative sentiment turns it will turn quick...and GBG over the last 2 days is a clear example of that!
PLV Price at posting:
7.1¢ Sentiment: LT Buy Disclosure: Held
