re: pmh shareholders 2 receive uranium shares
page 6 of the last presentation...
why did the company circle out "Phelps Dodge" as opposed to all the "Other" copper producers out there...
not that I am a crystal ball reader, but:
If the scoping study just happens to say that Ann Mason is economic, and
if that scoping study says that to get the mine going, a bigger player will have to enter the equation to stump up with the cash... and
if the company suggests that a larger company (say Phelps Dodge for example - who has that cash and likes to take over smaller players) is willing to take over PMH to develop this mine....
what would happen to the share price then?
hmmm.....
PMH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held