yeah I had a fair bit of confidence in pacrim as well - I guess if the outlook for gold had continued to be bullish it probably would have continued to fare well. In a bullish gold environmeht they would also have continued to attract drilling funds as nothing has really gone wrong with their program - they've proved promising resources as planned.
I suspect a lot of the volume was just trading activity on a low price point/high interest stock and also speculation on the gas. I just wish I'd seen the writing on the wall when they stopped putting news out and had scaled down my holdings a little earlier.
PRE Price at posting:
0.0¢ Sentiment: None Disclosure: Held