If you're a PMT shareholder, you'll want to watch from @35:27 secs...
I've checked and he's right...they did the same thing on the previous core releases. They are telling you the metres beforehand!!
On pg 3. it's all there in black bold. There are 15 cores over 50 meters! Do we know what %? NO! However, looking at the PMT track record for releasing results...dusters are highly unlikely on this trend. PMT's bold cut off is 10 meters. There are 47 cores over 10 meters!!! How many of them are going to be 2-5% ?
It's not about the actual cores...it's about defining and extending this amazing trend. It just keeps going on forever. This gets PME to the 200-300Mt JORC in 12 months. Incredible.
*This Gerardo guy is switched on but, I also think Blair may be guiding him a bit after the interviews (all perfectly legal)
Plus, you know they've done internal tests BEFORE they sent them to the labs. They know the results are going to be amazing.
Why, Blair said the resource is going to be huge. You and I are doing back-of-envelope calculations. They likely already have the data imputed into the computer.
However, the JORC is a 3rd partly independent analysis of PMT's resource. PMT mgmt. likely already know the maiden and likely the updated resource that's released in 3-6 months after from the 30,000-60,000 NEW metres of assays be drilled now and the next 4 months.
This is one of the best companies I've invested in with how it looks and how it's un-folding. Is it going to 30 bag at a 1B MC? No however, this scream an easy 5 bags and likely 10 bag if it's not taken out (which is unlikely) Risk is very, very low IMO.
PMT Price at posting:
$1.37 Sentiment: Buy Disclosure: Held
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