Polymet Mining Corp (PLM)

[Galingale]

As you say, we are still in pennystock, day trading and manipulated territory, so the 200 day Moving Average is an insightful indicator. I guess we will have to see what the day brings, but all I would say is that the land swap announcement/pps movement did not conform with previous occasions. Before, we saw a pps spike in the days leading up to an announcement, followed by a steep fall within minutes of it becoming public knowledge. This time was different, in that there was no build up before and only a relatively slow uptake immediately after the public statement, growing as the day progressed. Yesterday saw a much greater volume, with commensurate rise in pps, until the inevitable profit taking, yourself included, towards the end of the day. I have been banging on about getting the good news out there to garner more individual investment. However, I still believe that a substantial and sustained improvement in the pps will only happen once the big institutional players dive in. When will that be? Granting of permits perhaps? Of course, in all of this we cannot discount a predatory Glencore!