Hi everyone.I came onboard PEM in Dec 2007 after having my eye...

  1. 37 Posts.
    Hi everyone.

    I came onboard PEM in Dec 2007 after having my eye on this stock for sometime. I got in at 2.65, being pushed by the following market conditions:
    * Signs of the steadying/positive increments in Zn price
    * On the back of PEM's announcement of the $17m profit from HER
    * Thinking that with the ~$230m in bank plus being a profitable producing base metals operations that the price would at least stabilise in the current vicinity.

    This week even after increases in Zn price we have seen PEM sink below 2.50 at times.

    I am curious as to whether others are accumulating (or plan to accumulate) at the present ~2.50 levels, or do you realistically see it as more than likely a bottoming to 2.20 levels being bandied about?
 
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