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Hi Everyone, I am a new member in your message room community . I have been involved with the stock market for a little over 9 years. My most recent purchase is a COAL company name PineValley Mining. (PVMCF:OTC,PVM:TSE) The way energy prices have been fluctuating this seemed to be an inexpensive with little to no downside investment. PVM is the high margin, low cost producer of PCI coal who has the ability to sell a large percentage of their production at world prices because it has not been sold forward as most of the big boys have. I believe most of their coal is spoken for until 2005. It would seem to me that this should give pvm a real “leg-up”. Hard Rock Analyst (HRA) has recently published a study on the company. I have found that this report presents the rudiments of pvm and in general the pci market. Also, OTCBB.Com or pinevalleycoal.com has a list of their news releases. Be forewarned, I have phoned the company and the PR person in my opinion could do a better job . After talking to him I was glad that he is not the person running the mine. The CEO Graham really does know his stuff. I have confirmed his credentials and I believe he is on path to making this mine sing. Aside of the above, the stock is fairly thin which allows for a dramatic increase(decrease) in price with low volume. Me buying several thousand shares may jerk the price up nicely. Imagine if 100 investors did it. I am not in any way advising you or anyone to buy the stock. Although, after reviewing the reports you may come to the same conclusion as I have. P.S. If you believe that what you just read is nonsense then I am sorry to have wasted your time. “talloyster” Posts: 17 | Registered: Sep 2004
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Was a great pick and very good timing I must say. Closed @ 1.95 the day you posted , and today closed at 2.62 up over 33%.
Posts: 443 | From: Valemount | Registered: Dec 2003
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yup, i agree. tried to buy early in the week, but scottrade gave me a "trade rejected" - didn't like the pvmcf.ob and wouldnt' let me buy online. never got aroudn to calling a broker to buy pvm.v, *sigh*. my delay was my loss. nice pick anyway though, tall! will hope for a retrace to hopefully get in
Posts: 1698 | Registered: Mar 2004
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