Ann: Quarterly Activities and Cashflow Reports, page-22

yeah its interesting

i had thought the market was basically too risk averse to price MYL properly

but if we confirm a real breakout overnight i think greed may overcome that diffidence - that appears to be what we're starting to see past few trading sessions

valuation wise PMY is cheaper ev/oz wise - but once i look at it from an implied cashflow perspective - MYL is head and shoulders the monty bagger assuming things shakeout fine with govt