PVM 0.00% 36.5¢ pmi gold corporation

asanko takes out pmi gold, page-7

  1. 246 Posts.
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    Malcolm in the middle ,old buddy, maybe this Asanko deal may not be such a bad thing for you after all. In the short term it has kicked the S.P. along .Before the proposed arrangement PMV was looking distinctly jaded.The major problem for you is that you may have bought in at too high a price.If the G.P.remains in the doldrums for a prolonged period you will ,IMO,have to crystallize a loss (tough but true).If the G.P.recovers you might consider the combined outfit offers advantages. After all there is ,apparently,unanimous support by both Boards .One hopes that they have shareholder's interests at heart.I assume that the deal will be passed.I didn't pay $1.01 for my shares but I am losing money .I now have a pretty jaundiced of the goldies ,I don't think things will get much better in the foreseeable future either. Best of luck ,after all it's only money not the end of the world!
 
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