Thinking about Time Money Investment, do you think maybe the SP is low,as a result of people doing a runner to stocks actually preparing a PFS to decision to mine?
Does PMH have a PFS or even desktop, anything with a date on it?
Surely they have enough resource defined to look at some sort of study, and continue drilling out the resource simply to extend mine life?
I think that may be part of the problem here. I get a sense that they are good explorers but not sure they have a production vision.
Even small companies like GGY, who have defined a resource of like 20,000t (I know it's small) but they are looking at scoping studies.
Maybe it's just me, and maybe while i continue to hold for now, i ask, is this feeling just mine, and why then are the punters leaving, to suppress the SP with their exit.
For mine, frustration comes when a company continues in the same path, without providing a timeline, or even presentation guidence to a re-rating from explorer to developer to producer.
What we have is a burst of excitment from a new drilling results, new punters enter, and then the same drift lower into endless exploration.
hmmmmph!
PMH Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
