Up a whopping 59% from lows! Also a speeding ticket which always makes for a nice read :) Zinc and lead got very cheap now back a long way to more normalised prices, silver, gold and copper all good hedges against inflation. Seems like Japan have decided that if the yanks are going to do it then they can to! The more they print the better for Perilya. This stock is in a very unique and highly leverdged position so if infllation fears come true (and they can be a self fullfiling prophecy like so many other economic phenomenon) then this will have a lot further to go. Even just fear of inflation will be enough to keep bringing hedgers in. If prices of key commodities hold up then we are worth at least $0.60 where we were, if inflation gets going (or at least if mr market thinks it will) then we are on a rocket to the $1.50+ moon. Hold tight all and sorry to rub it in for those who sold in the $.22-.30 cent range but I have to rub it in, Im saying now what I did then "Sell you dummies".
PEM Price at posting:
35.0¢ Sentiment: ST Buy Disclosure: Held