Pele Mountain Resources Inc. (fka TSXV:GEM)

[ShawnJon]

I know GEM....


Very well. I've followed this issue when it was PYT 16yrs ago. Shorting is as risky as buying...even more so!

If the project is so promising why did Sheldon(insider) buy at 30 & 40 cents and sell hundreds of thousands of shares at 18cents recently even after the so called big "REE" increase.

The low-grade ore has attracted no pro analyst from a reputable brokerage firm all reports are pay to say reports. No majors are even looking at Pele even after the big ultra low grade "REE" increase....unaudited financial reports mean nothing in the regulatory/ investing scheme of things....the recent history in the markets have proven that.

I'll stick to my bet this stock hits 10cents or lower!

SJ.