I am betting on news next week. I haven't been in PLE for too long (i dabbled in april for a quick flip, and then in long since early July). So far I have not recieved bad information from MR Labbe. He was right on time with his prediction of news on Newco, and tells me next week will be news on progress with two communities BDD.
We have much on the topic of one community signing first then the other shortly after. I think this is good. we will get a lift with any positive news on PLE, then another lift when second community signs.
Look at Aurelian, pre-drilling it worked it's way up to $1, then blasted to $3 with good results. Soon after that it whent to $10 within a couple of months.
PLE could very well do the same. We should probably book Vegas before xmas (lol)
I think we will see news about IPO on Newco this week along with the progress update on Bolsa.
I am staying with my position and adding again on Monday sub .25.
Macer
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