Tend to agree the share price has no real conviction to move convincingly in one direction or the other. Yesterday's move below the 52 week low was a reasonable move in percentage terms, but on volume of 1.5 million hardly convincing that share holders are screwed.
I think we may need to look else where for the a catalyst to get the share price moving. Gold back above $1400 or Silver $24 should help.
PGI having the knowledge on Gold/ Silver recovery using the Albion process and having proved they can make it work reasonably well, would have to be a score at these prices. I wouldn't be ruling out a take over.
Will also be interesting to see what the new editor of a certain mining news letter makes of this latest news. Will he be recommending cutting losses on PGI?
share price, page-7
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Mkt cap ! $5.114M | |||
| Open | High | Low | Value | Volume |
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