InvestorsHub Logo
Followers 16
Posts 14056
Boards Moderated 0
Alias Born 01/18/2010

Re: mjkiii post# 7836

Thursday, 02/17/2011 9:17:28 AM

Thursday, February 17, 2011 9:17:28 AM

Post# of 26631
I believe PTQ has seen significant institutional/PP buying since last year and IMO that's mostly why we've moved from .30 last Summer to where we are now. We may not see big retail investor involvement in this Company until we finally reach profitability, but that doesn't mean all the old information on CNBC, Yahoo, or Bigcharts will change, that still may take time. What profitability should change IMO is that we'll start getting some coverage maybe from analysts, mentioned in articles, or put on gold junior miner BUY lists. That should bring fairly quick notice to the company and is what it will take for the retail investors to come onboard. I also see that as our big jump in the SP.

I expect the SP to continue to move higher on news other than profitability, because as many here expect, including myself we may not see that until Q4. I don't know when management will decide to start releasing news, but I think we all know there is much pending news that has the potential to move the SP higher in the short-term. I.E.: ODN drill results, global resource report, PDI news, production updates, etc.

The only reason I can figure that they haven't promoted the company more aggresively until now is that they're waiting for a specific time when they feel it's right to do so. Hopefully, Fifer and management are bright enough to conclude that time.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.