PGO 5.88% 8.0¢ pacgold limited

24c target from Patersons, page-63

  1. 5,039 Posts.
    lightbulb Created with Sketch. 42
    that's the whole point... thanks for backing it up. You don't invest in mining juniors for steady devidends and no growth plans, just like GOR back then and PGO now, you invest in a vision and some facts on the ground which back up the probability of it coming to fruition

    would think Paterson act for a decent number of investors, some of whom surely have low entry points and might have wanted to trim their position with the recent rise. share price was very low last year yeah? So, even though the brokers are bullish on it, this does not mean all clients will want to maintain their full positions relative to 3 months ago... pretty logical and nothing to do with Paterson report being anything but their view on the company
 
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