Club Mulgoa

Monday, September 10, 2012

PVD

At the Proactive Investor Forum in May 2012, markets were tumbling everywhere yet the attendance at the meeting was full!  The only stock that I really like there (other than those that I already owned) was PVD.  Today, I can tell you that I am at >50% paper profit so the forum was worth attending.

I also got to speak to the CEO himself.  I told him that most of my exploration stocks have been failures as most drilling hit a dry hole in spite of great hypes.  He estimated about 20% success rate (so honest!) but he has a big tenement.  However, the share price can fluctuate a lot in the meantime.


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