Precious Metal Exploration

Focused on exploration and advancement of mineral projects in Peru

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Message: MMG - deleted comments

Re: Armchair quarterbacks

posted on May 05, 2009 08:59AM

That is correct CEO. Big volumes do clear out those who want to sell. And it is true that the SP has gone up 30% in the last couple of days.

You'll have to forgive me for not being too excited, though. If the SP was $1.00 like it was much of last year, then a 30% gain is quite nice. However, 30% on a dime is only 3 cents. If you have a penny and find another one, you've doubled your money.

That being said, only $0.87 to go before we hit a buck again! How's that? That's only a 769% increase from $0.13!

Perhaps there will be some management news on June 30th to lay out a plan to get this kind of increase, as Venturous hopes for? After all, we've gone down about 98% from the peak. I hope their skill level is up to bringing it back up.

Trainboy

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