not a ramping post

But I note that Peter Strachan has placed an assessed value of $2.79 on PVM.

http://www.pmigoldcorp.com/i/pdf/Strachan-Nov_2011.pdf

My own valuation based on $100/ounce of resource is around $1.80-$2.00/share.

PVM is undervalued at its current share price.

It had an 8% pop on the TSX last night to CAD1.27.

So when will PVM get to $1.80? That will depend on how quickly the market wakes up to them. The feasibility studies and extra drilling results will help.

My guess is that by mid 2012 PVM will be around $2/share provided there is no GFC2.

Where else can one find a company with 4.8 million ounces and a short timeframe to getting into production, plus some top notch management.

This ends my PVM non-ramp.

loki (a rampaging PVM fan)