Good pick up. So Highland park have distributed out shares (that they bought a year ago for 52cents) to holders who have dumped them on market for some healthy big profit taking.
Also agree the option holders will be selling down soon (already?) to fund exercise. Will also create selling pressure from those who decide not to exercise but to sell.
So another dip in the PIR rollercoaster!
Long term still looks like this will double or more from here. Particularly if teh Mali political situation continues to stabilize.
PIR Price at posting:
$1.69 Sentiment: Buy Disclosure: Held