PGO 4.76% 10.0¢ pacgold limited

Drives me bonkers reading these nothing announcements and seeing...

  1. 539 Posts.
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    Drives me bonkers reading these nothing announcements and seeing the SP of these companies double, triple and so on. That said, I haven't been making money on them while plenty of others have. I see it as a different ball game, mate. Market is hot and stocks are being traded accordingly. PGO is a pretty boring proposition for the (short) short-term, if I'm to be objective here. By comparison investors can trade a headline and make a load of dough. In markets like this, trend is your friend (my opinion).

    Aside from that, the silence from the company in addressing missed milestones and reality of being in production at Coolgardie this quarter (with six weeks left of the year) is bloody deafening. Gary needs to seriously lift his game with communication or partner with someone who can.

    While my sentiment is still a strong Buy, I cannot argue with some of the points put to me by other posters questioning timelines etc.

    Crunch time.
    Last edited by AlbyTangles: 17/11/17
 
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