skier -
The advice on the SH board is deliberately convoluted - take it with a grain of salt.
Once get a good double you may wish to sell 25% (in hopes of buying back more at a lower price). Don't get shaken out of this stock.
I am not a geologist but my limited knowledge tells me that these drill results are very strong. If the cores continue to show 2+ grams over long depths this will become a stock whose price is measured in dollars very quickly. Soon after that someone will come knocking with a big bag of cash to buy the property.
If PEM's management is smart (and I have heard that Del Stiener is) they will then sell the Utah property and spin off Chrome Mountain to existing shareholders (who may see the another big find).
I expect the price to move up over the next few weeks as the "traders" sell out.
- panamax