If one believed in such things, one might conclude that there is an orchestrated effort by unknown forces to suppress the share price in PEM, GNH, GCU and many, many other shares.
Those with the wealth (and power) to pull this off then find that they are able to snap up shares cheaply from exhausted tax-loss sellers or from the companies that need to raise capital in desperate PP's.
These folks don't intend to lose money and this "rigging" of the market assures that they are able to acquire more gold shares on the cheap. They must see the writing on the wall - that gold and gold (and silver) shares will build great wealth in the years ahead.
The pain is great for the little guy who bougth his shares and is just holding on as his portfolio value continues to shrink. To all of you I say......don't give them your shares.
To paraphrase Jesse Livermore comments about the trend, "Get right and sit tight."
- panamax