Re: It doesn't get more obvious than this!
in response to
by
posted on
Jun 24, 2009 03:38PM
Creating value through Exploration and Development in the Sierra Madre of Mexico
Well it may be that management here has basically done nothing this entire year to enhance value of the company. They just sit on their hands.
I own a lot of this, but am beginning to get dissapointed that even when other gold stocks run, this just gets caught in a mediocre trend, and now were in the $.40's. Puplava is probably selling because maybe he isn't as good at managing money as one would think, and his macro trends haven't been too accurate either. He's a smart guy, but he's sure gotten a lot wrong lately in my book. People are obviously liquidating their holdings, so he has too as well. Who knows... If JP is selling, that is a positive in my book as a contrary indicator. Sorry for the rant, but 500k shares or so sold at a 20% discount is not a great development