Well by the look of the volume and the slight dip in share price (.04 at this time 1:06EST) I would suggest that there is some retail profit taking...

Now it can't be much but at .85 PDG is being held by many of us that bought at .80 or below and this is a yearly high so some see it as an opportunity to recoup their investment and possibly a small profit or even a two bagger in some cases..

But the size of the trades and the small volumes tell me that it is only a few retail players..

With year end approaching; I am very alert to opportunities to tax loss sell or cash out now before year end so that I can reduce my SDRRSP holdings to transfer cash to TFSA account..

That is my strategy and with my wife and my TFSA we now have been doing this since the inception of the TFSA rules and have squirreled away $15,000.00 EACH WHICH i HAVE INVESTED AT BEAUCOUP RETURNS IN REITS at 6..12..and 14% compounding...

Gotta love those tax free accounts.

Anyway our PDG will soon be revealing the PEA (Preliminary Economic Assessment) which will tell us how much gold we have at present and weather or not it is economically worth it to mine..

At that point we have some pondering to do ..

Do we sell it....???

Do we mine it...???

We are explorers..We are not miners,although our management have the expertise..we do not have the money...

So do we sell it for beaucoup l'argent ...or do we dilute the stock and raise a whole hockey sock full of $$$$$$$$$$ and wait another 5 years until we are producing enough to begin showing a profit..

Selling it gives us instant gratification...ie share price appreciation and returns on our investments now and opposed to returns over a longer period of time...Either way there will be opportunities to buy more or get out in the next year or two.,.

Sell it..???...or mine it...???

That is the question..

Portee