relax.....

Last thursday, just before 3.30 I bought 110k of PRR at .10....a few minutes later I took out the .105 line of 34566 shares.

It's been interesting watching the ensuing speculation.

My reasons for the first buy is because I feel the stock has bottomed. The second buy was to determine whether the selling below .10c was over.

In the short term, my thoughts are that PRR could either consolidate for some time around the .10c area or stage a modest rally back to the .13c level (nonetheless I have a stop loss in place should the market turn against me).

Either way PRR still remains a speculative buy with a medium term outlook. However based on the quality and diversity of its projects it remains one of the better biotech plays.

Good luck to everyone who's holding.