SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Porcher Island Gold V-PIG

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill McCabe who wrote (162)7/28/1998 10:24:00 PM
From: Wizzer   of 170
 
Bill, I noticed a strange trading pattern for the past week or so also. I use the word "strange" because it hit a low of 8 cents then popped up to 12 cents right away, slipped down again and so on. There was always around 30-50,000 shares trades. Could be silent accumulation as you suggest. Even on that low volume, could have made some money day trading it.

I would have thought that PIG would have been a more valued stock than it is, and I was thinking some investors "were getting shaken out of the tree" as I have observed the daily trading pattern. I would have expected at least some news by now (progress report or anything). I believe that PIG could be updating it's shareholders at least bi-monthly if not monthly on the progress of the mine. It appears suspicious to me when they do not update, IMO.

Of course, this is just an opinion.

Regards to all.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext