Satori, look at strong IO producers like AGO. $500m in the bank, no debt, massive exploration plans and yet the sp has fallen from $4.30 to $1.60 and looking to go lower. Rightly or wrongly, the market is a mess.
Any deal that gets the company through what are shocking times will be a remarkable result. Anyway, let's wait and see what happens. One thing is virtually certain, had PLV been trading the past 2 months, it would be much lower than 17c. Hell everything is lower than 2 months ago.
PLV Price at posting:
15.3¢ Sentiment: LT Buy Disclosure: Held