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FYI- Effective 12/9/16 Penn Metals will cease to operate

ShadyDaveShadyDave Posts: 2,188 ✭✭✭✭✭
in Precious Metals

https://www.pennmetals.com/

Figured I'd let the group know that a relatively big PM dealer is closing their doors after today. Too bad they didn't have some sort of business continuity plan in place...

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    TwoSides2aCoinTwoSides2aCoin Posts: 43,842 ✭✭✭✭✭

    Sad to see another one go, due to health issues.

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    Too bad... they seemed to have a good business going.... no succession plan obviously. Cheers, RickO

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    johnny9434johnny9434 Posts: 27,505 ✭✭✭✭✭

    thats a bummer, im sorry to hear that.

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    derrybderryb Posts: 36,203 ✭✭✭✭✭

    Might be having financial problems in a declining market. Most of what they recently bought is now worth less. If that's the case at least they gave some heads up to buyers - unlike Tulving.

    Keep an open mind, or get financially repressed -Zoltan Pozsar

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