PGE
PGEEven though structure remains abmiguous I would trade short now to finish up the correction from NOV20 rally. Later on I expect serious inclines as a expansion of greater 3rd wave.
PGEFrom 16th of Nov till today it looks like 3-4 wave correction, now another rally up to 7-7.1 PLN to go.
3p / 3.69p resistance 6p big target / strong catalystsJangada is a great top invesment:
BoD aligned with shareholders holding most of the float
6p warrants due to expiry in October 2020
Have 26% of Volare Metals valued at around $5.5m for Jangada Mines
Valore Metals also own Pedra Branca PGE (great asset) & drilling over summer.
Jangada catalysts:
7 holes assay results to come back soon
JORC estimated resource
PEA
PG&E (PCG) is under Bankruptcy Protection - HOLDThe wisest option is to hold, but based on the below Fundamental analysis the idea is to go long.
PG&E (PCG) – The utility plans to raise $5.75 billion through public offerings of stock and equity units to help fund its emergency from Chapter 11 bankruptcy protection . That’s in addition to about $3.25 billion in private stock sales.
Utility giant PG&E Corp. is readying an $11-billion debt-financing package that may be sold to investors as soon as next week as the company prepares to exit bankruptcy, according to people with knowledge of the matter.
