keep an eye on PMQ as it has been teasing to break out above 3c the last few days, with more support coming in yesterday
Market cap $1.7M
Cash at bank $2M
Cash backing 3.3c
Shell value 3.5 - 4c
Project value 6c
Trading under cash backing and well below fair value.
Some really nice free carried projects in the mix.
Drummond gold are spending up to $6.75M for 75% interest in Mount Cannindah
Mount Borium had gold grades up to 7.9g/t
expecting a nice trade between 3 - 4.5c
daytrading aug 22 pre-market, page-24
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