Google Nevada Copper to get to their website NCU are listed on TSX They are PMHs neighbour in the Yerrington area and have a similar res of Cu A Chinese major has taken up a convert debenture giving them 5% of NCU This may be the catalyst for a rationalization of the juniors holding ground here The Chinese are taking up shares at $1.00 As PMH has around 3 times more diluted shares this values PMH at 30-33 cps on Anne Mason and Shamrock alone
The market is uninformed about this info
PMH may be able to achieve what GIR did with RHI realizing a large cash amount
PMH Price at posting:
8.0¢ Sentiment: LT Buy Disclosure: Held