PSV perseverance corporation limited

i was right 20 cents

  1. 11,115 Posts.
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    I was right when I wrote on 25 May that:

    "PSV is competing with BDG to see which one can first reach 20c/share.

    I will never again invest in Victorian gold miners, especially if they are touted by the established brokers.

    Ouch.

    DYOR"

    But I am just dumb, because I did not sell.

    Fat Prophets has PSV as a long term hold in the expectation that the price of gold will go up. ETrade shows that at a price of 30 cents Huntleys has a buy/accummulate recommendation, and that there are 4 strong buy recommendations by brokers, 4 buys, one hold and no sell recommendation. Moral of this story is that there are a lot of c.r.a.p broker recommendations.

    This is looking like another BDG, which was also recommended as a buy by several major brokers.
 
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Currently unlisted public company.

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