PMH - Pacmag Metals

[Sean K]

I reckon the weekend newspapers will be all over this. Hopefully on the positive possibilities, not the downsides. Will be a very interesting open on Monday.

 

[SevenFX]

Gapped Up 143% Thursday :
Gapped Up 4.8% Friday....?????
_ _ _ _ _ _ _ _ Monday....

 

[Sean K]

Gapped Up 143% Thursday :
Gapped Up 4.8% Friday....?????
_ _ _ _ _ _ _ _ Monday....

What's your interpretation of that Tek?

 

[nizar]

Kennas let me give u my version, which is self-explanatory

Gapped Up 143% Thursday :
Gapped Up 4.8% Friday....?????
_ _ _ _ _ _ _ _ Monday.... D all the way 2the bank)

 

[SevenFX]

Well K,

There wasn't mean't to be any interpretation at all...just bit of humor...

I've got very little trading behind me (few months), to pick where tis going...
and keen to learn from you Kennas and many others....

To add to that you seem to through in commody in some of your posts, to keep us from falling asleep at the terminal....

For me I TRADED on the caucious and locked in profits early , then bought and sold again, as I didn't like what I seen around .46c.

SevenFX

 

[ALFguy]

Kennas let me give u my version, which is self-explanatory

Gapped Up 143% Thursday :
Gapped Up 4.8% Friday....?????
_ _ _ _ _ _ _ _ Monday.... D all the way 2the bank)

Nizar, was this a little sarcasm or do you actually believe we'll se a run on Monday?

 

[bvbfan]

I'm just started following this but I have one major concern, the thing is in Nevada and from what I can remember they have a bit of an issue with enviromentalists and getting approvals.

Heck almost any other country and I would have bought, if it was Australia it probably would have done a CDU or MNR

 

[Sean K]

Kennas let me give u my version, which is self-explanatory

Gapped Up 143% Thursday :
Gapped Up 4.8% Friday....?????
_ _ _ _ _ _ _ _ Monday.... D all the way 2the bank)

Well, there's a bit happening on Monday then isn't there. After the bank, we'll have to have a beer with YT after Mantra lists at $0.50.

 

[nizar]

Looks like its only up 1c for the day, brokers pushed it down a touch.

IMO the main thing is that it closed up, if it had closed at 40c (half cent down) on this volume that would be interpreted as the stock being dumped.

 

[Sean K]

Well K,

There wasn't mean't to be any interpretation at all...just bit of humor...

I've got very little trading behind me (few months), to pick where tis going...
and keen to learn from you Kennas and many others....

To add to that you seem to through in commody in some of your posts, to keep us from falling asleep at the terminal....

For me I TRADED on the caucious and locked in profits early , then bought and sold again, as I didn't like what I seen around .46c.

SevenFX

Great you got in so early Tek.

The rest of us will lose our shirts as Tech/A has said.

 

[nizar]

Nizar, was this a little sarcasm or do you actually believe we'll se a run on Monday?

ALFguy,

i do think this will run monday. Of course nobody can say it will go up or down with any certaintly but i think if u consider what happened yesterday and the volume today then i think theres a good chance it will be up. Weekend press will be all over it and we could have valuations coming up as well.

look at the volume today, i think its bullish, i dont know what all the fuss is about, even though costs of mining havent been considered, after this find PMH are still worth a hell of a lot more than 50million dollars.

disc: i hold this one.

 

[SevenFX]

IMO the main thing is that it closed up, if it had closed at 40c (half cent down) on this volume that would be interpreted as the stock being dumped.

Nizar,

Given it closed up 2.4% today (less that previous day), are people (traders esp) gonna be more cauious on monday, UNLESS there are great writeups everywhere...

 

[nizar]

Yeh well unfortunately at the time u buy a stock u dont know whether its gonna close up or down for the day.

It may go down on monday, and im well aware of that risk.

Im confident mantra will somewhat cushion my losses if that is the case.

 

[SevenFX]

Great you got in so early Tek.

The rest of us will lose our shirts as Tech/A has said.

I didn't get in so early (.26c-.28c) but alerted by DJ's post bought in last night (.41c) and sold out on the gap up at .50c (and not .54c) oh well made a tidy profit for a change....

I'm supprised you will loose your shirt over it, if all the rules I've read (at least most of them) are applied.....

I'm sure your being humble and made a tidy profit 2, as I've read some of your posts and really respect you analysys and style.

 

[tech/a]

Tek well done.

Nizar youd better hope for a strong DJIA tonight.

This got well and truely dumped today and will do likewise (Perhaps not to the same extent ) Monday, even if a positive day.

I have some nice T shirts I can let you all borrow,and a carton of Kleenex tissues.

 

[SevenFX]

I have some nice T shirts I can let you all borrow,and a carton of Kleenex tissues.

Tech/a

I really can't take any credit for this one, as it was really not t/a but moreso luck on the gap up....which could have gone the other way....

As far as tissues and teashirts, I prob go one better and shout for beers....actually tis Chris & DonJ that should be shouting as I'm sure they're made a squillion on this one.... where are they anyway.....at the bank....

ed:better see what the world & the rest of the stock exchange is up 2 now...

 

[Sean K]

Tek well done.

Nizar youd better hope for a strong DJIA tonight.

This got well and truely dumped today and will do likewise (Perhaps not to the same extent ) Monday, even if a positive day.

I have some nice T shirts I can let you all borrow,and a carton of Kleenex tissues.

Spare one for me too tech. And a beer too.

Oh, and don't be fooled Tek, I'm a poor man old man living with my mum, with nothing better to do than find friends on chat sites..... he he.

 

[chris1983]

Spare one for me too tech. And a beer too.

Oh, and don't be fooled Tek, I'm a poor man old man living with my mum, with nothing better to do than find friends on chat sites..... he he.

Hey Kennes,

Not believing in the potential of this stock anymore? I'll read more heavily on this tonight.

 

[Realist]

Tek well done.

Nizar youd better hope for a strong DJIA tonight.

This got well and truely dumped today and will do likewise (Perhaps not to the same extent ) Monday, even if a positive day.

I have some nice T shirts I can let you all borrow,and a carton of Kleenex tissues.

This may end up like Paladian Tech.

You saw PDN first here, you considered buying it for pennies, but you didn't. You then saw it go up but didn't buy again and again and again.

Had you just bought and held PDN you'd have made a mint!

You missed out big time!! That thread is an excellent example of how not to trade. If you see a winner buy and hold it, you will often be wrong, but when you are right you may have yourself a ten bagger that will make up for all your losses and more.

PMH is in my opinion a very valid gamble, I may lose 1/2 of my money, I may make 10 times my money though.

$33B for $45M.

I'll take those odds any day.

I'm down today on it, I made a mistake, but i will not let that mistake compund, I am holding this baby!!

 

[Sodapop]

I leered/ogled at this one for sometime this morning and went through some reports - didn't buy... it looks big at this stage but the low grade didn't really "pump my nads"... the release leveraged as much +ve spin as possible off other operating mines - but how long will it take for this to come anywhere near production (cap cost will be huge / where will Cu/Molyb. price be???)... On the face of it it reminded me of EQN's Luwamba (sp?) Mine Project in Zambia - which had a market cap of ~$10m around 3-4years ago at the same stage of development and is even now after a lot of work some way off...
But yeah, i think the CDU (and to a lesser extent) the FNT fiascos have made some gunshy - i know that is what kept me from joining your ranks...

Then again he who risks nothing - gains nothing... I know i sold out of EQN way before i should have -