I think Morgan's comments are somewhat justified. I keep getting the feeling that PRE management hold some sort of disdain for their shareholders....distinct lack of updates on progress, they raise capital but we've got no idea when or if the drilling has commenced, we've got no idea what the end goal is. Some direction from management is needed here, before all the 005s dissappear.
Something to be said about "always take profits". I would suggest that most sellers are now just cystalizing losses before June 30...and why wouldn't you, when you have little confidence that any positive announcements are likely to be posted by this management any time soon. Plenty of time to get back in later they are thinking......
PRE Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
