Drilling progress has been very good. Results have been within expected limits from hole 1 and 2, which are located at the far end of the land. We are going to drill hole3 which is in the best position compared to hole1-2, getting closer to federal land permits. Despite all of that, SP has fallen sharply.
I am aware POK is a tightly held stock, so it doesnt take much to create big swings in the positive or negative direction.
I just saw D-D comment, and totally agree with him. Despite the fact that POK has been going on right direction, SP has fallen sharply, so this makes it great proposition at this level just prior to drilling of better prospects.
Panic sells? why would anyone sell for a big loss after buying above $1 or thereabouts? Unless someone wants your shares and pulling the price down and down prior to future news flows which are expected to be much better, I don't see any reason why the SP has been going down. IMO gla
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