Surfer need I point out the price of a share of PRE is one half of one cent. It can hardly fall much! Now it if was $5 a share on July 21, do you honestly believe it would be still the same price today? The reason it has not fallen is that there is little point selling something so low it can only go up. Need I point out that the thing that PRE has to offer, i.e gold, have soared even higher since July 21st and PRE has done sod all. Not even a miserly one tenth of a cent rise. Oversold? Seems like there are plenty of people who are willing to let this one go at any price over half a cent. Lets hope there is some management activity that suggests they are doing something about getting the gold they have out of the ground and into the market place because they are still 90% from recent years highs in a period when they should be soaring. If they cannot make hay in this sunshine they they are hopeless.
PRE Price at posting:
0.5¢ Sentiment: None Disclosure: Held