smak,
Neither. Not bitter, and not shorting. I'm not in PGRX at all, and probably never will be again. Just thought I would help out those thinking of investing here. PGRX is a VERY long shot, and the historical charts tell the story: down, down, and more down. Investing in PGRX is like trying to catch a falling knife. There is much more money to be made elsewhere.
The reason why the share price dropped on the last PR is because the news wasn't that great. What is hanging over the head of PGRX having to come up with 25 million dollars without destroying the share price. The last PR told us that in order to come up with 7 million dollars they had to dilute. What does this tell us? It tells us this: no major investors outside those immediately connected with PGRX think this is a good long term investment.
And none of this is even taking into consideration the funding of the Definitive Feasibility Study later this year, and the nearly 1 billion it will take to build out the mine. GLTY. GLTA. FWIW.
