Waiken, I presume the 75% of the members means 75% of the shares they hold, rather than 75% of the number of members?
I agree with Tombu a bit I think - I see the opportunity here as a bit wasted. Sure Entree will progress things but probably more slowly than a dedicated enthusiastic local team, plus I don't see much interest from Entree in Uranium and the Sentinel project was a real shining light in the PMH arsenal. Wonder what will happen to it, maybe Entree will sell it off? I don't see as much strategy behind the move as is suggested by the management - maybe I am a bit blind to it since I have seen so much possibility with PMH over the past few years. Maybe management know something about how Entree fits with a short term resolution of the Yerington resource, but even so, how does this leave the possibilities contained within Blue Rose and Sentinel - they look to be candidates for waiting at the end of a long queue. At this point I am tempted not to vote for the deal, despite the cheap SP at present.
PMH Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
