rerating close, page-14

Hi Ians and new contributors
One golden rule of investing is to focus on the long term direction of a stock
Daily movements will often be irrational as investors may be obsessive buyers when few sellers are around. And one seller may have to sell when few buyers are there
Yesterday a tiny number sold but took the price down 19%
The price trend over the past 6 mths matters more. This is being underpinned by all those ducks lining up which I listed in an earlier post

NOTE Nevada Coppers price last night UP 0.40 to 1.85
On volume of 445000 shares or over 1% of its capital
I believe this is part of a corporate play which has been going on for several months.
If not it is a serious rerating by general investors of PMHs neighbour in Nevada
If we again compare market caps based solely on both Coys Nevada assets then PMH should be 0.60 atm

I sense a price breakout for PMH is only weeks away now rather than months away which I predicted earlier