Who else read the damning comments in the business section of "The West Australian" about PMT? Information came from "night market research". See West Australian page 136 "Canadian 'Unicorn' prompts alarm bell. a) PMT was valued at 8 million 16 months ago but is valued at $2 billion today. b) An unnamed group which is based in a Vancouver home was paid $1.5 million to "promote" PMT to the public. c) Mr Brinsden worked as MD for Atlas Iron from 2012 to 2015. During that time Atlas Iron was hyped to the market and the share price rocketed. d) Since then the price of Atlas Iron plummeted 90%. The report implies that a similar thing is happening to PMT now that Mr Brinsden is steering PMT. e) Will we see a resource announcement in July as promised?
Are we smart "over-the-horizon" investors or have we been duped?
PMT Price at posting:
$1.64 Sentiment: Hold Disclosure: Held
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