Could also be because PXX is a seasonal stock? ie: due to the extreme temperatures in Alaska they only really can work/drill for a few months a year so it has news flow during that time but very little the rest of year? On that note if this eventually becomes a mine how will they mine during the colder months or do they shut down during that time? Serious question just trying to understand.
Gee, did you do much research before taking the plunge?
I had a wander through the threads, there was a post from a heart saying he thought the stock was a great seasonal play. i.e. get set when there is not much activity, cash in when they are back at work drilling up more resource.
PXX Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
