Today is a potential ducks in a row day for PMH Dow at 13mth high Copper at year high Selling in PMH pulling back Stong manufacturing and building metrics emerging globally
A positive ann from PMH will be the aligning duck that will propel PMH forward. It would light the fuse if an ann came in the next few days
Corporate activity in Nevada is bubbling. Ive been studying Entree Golds web site and think they and their 2 major shareholders will decide the fate of the Yerrington Nevada district Entree has taken over the properties owned by 2 of the juniors mining adjacent to PMHs Ann Mason and Blue Hills properties The 2 juniors that have agreements with Entree are Honey Badger and Bronco Creek Entree has announced an agressive exploration program in this quarter. Entree has 46 mill in the bank but more importantly has access to the treasuries of its 2 major shareholders who are RIO and Ivanhoe. PMH is a sitting duck Sooner or later RIO or Ivanhoe or both must ask why is PMHs 7.1 bill pounds af JORC compliant copper valued at half a cent per share and the Blue Hills target of 7 bill and all PMHs other properties valued at zero Sit still and smell the cordite smoldering This will be a skyward ride that will leave you breathless
PMH Price at posting:
26.5¢ Sentiment: LT Buy Disclosure: Held
