Way O/T, but interesting

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pmseeker

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Way O/T, but interesting

posted on Jun 28, 2011 10:50AM

I received an eblast last week on this pink sheet company PTOG [Portage Res.] This is NOT a reco. just found it interesting. Their stockprice since last week has ran from sub .10 to .89 today on heavy volume. They basically have nothing other than a letter of intent on some Peru properties [ not the best place after last week s cancelling of Bear Creek's licence]. One property has some channel samples only. They have close to 650 mil shares OS. Unbelievable how this has moved once it got the momo going. It's likely to come down just as fast.

However the point of this post is to show what can happen to the price of shares on some of these penny plays. With what SFMI has lined up over this next while [drilling and pouring dore] maybe it's our turn next for a run.