Re: Where are all the sellers gone?, page-2

Hi Gold Investors Unite
What orchestrated move? Who precisely has arranged this? Also pls advise exactly how management and the board has supported this 'orchestrated move'. Class action?? Good luck!!! Who are you going to sue and for what??
As I have said before, the share price of exploration companies over the longer term is determined by drilling results (in the short term spruiking may pump up the price however this is never sustainable longer term without good drilling results (and resultant attractive resources) to back it up.
The reason PEX's share price has stalled/retreated over the last 6 months approx. is simple - the outstanding drilling results have stalled for the time being so some weaker holders have sold and buying has been muted (in the absence of great drill results). Since PEX is thinly traded, small volumes can move the price significantly. Simple, not rocket science. All the conspiracy theories IMO are totally incorrect - for a start the directors are obliged by law to disclose material info so for example if there were great drill results they would have to announce them - they simply cannot withhold material info to suit their agenda.
If you don't trust the management, then sell your shares and move on. Good luck!