Hi Donna
PMH is a fascinating stock
I feel the CEO isn't content to be subordinate to GIR
PMH is shaping up as a strong independent Coy.
Holding and building a substantial land bank
Has Mike Joyce from GIR on the board
Has already spun off a Co ie PEN
It has a world class JORC resource in the bag : 7 BILLION Tonnes of Copper AND GROWING.
The market values this res at 0.5 cents per POUND.
LME inventories of Copper are now measured in just days of production
Copper is crucial to all urban dwellers. Demand is growing
Their resource is in a friendly mining state
They have excellent infrastructure in place. Roads and power supplies everywhere
It is dry and environmentally friendly for drilling. Superior to most copper locations in the world
It is surrounded by other mining Coys. Rationalization in the area is a no brainer. Google Nevada Copper Corp.
They have and are building a significant JORC res of Molybdenum This is one of the most exciting metals of the 21st century. Google Molybdenum
They are building a substantial Uranium res in an Environment far more friendly to U than most and with little political risk. Many of the African based high fliers could be gone with a coup.
One of the delights of junior resource stocks is that in the short and often medium term the market gets certain stocks
psychotically wrong. And even more delicious is the absolute gravity with which short term traders and chartists address the stock. Reeling off reasons why it will never get beyond a certain point.
Look at some of the comments on the GIR THREAD WHEN THE STOCK WAS UNDER $1.00 This is a vastly bigger no brainer even than GIR.
It actually has a JORC resource it has every conceivable duck in its ambit in a row. Even 1 day old bald eagle chicks
nearby are in sync. But watch the litany of doubt and disparagement flow when it makes its next move
Its more entertaining than watching NZ beat Australia at cricket or rugby league
Regards W
- Forums
- ASX - By Stock
- PMH
- investor preso
investor preso, page-4
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
IGO
IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity
MND
Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?