re: Ann: PMI Announces Interim Order For Merg...
Excellent Loki, thanks for holding up the day, I hope you double your investment.
Let me explain why I am so incredulous at the sp. Loki says "If this were 2011 then PVM would be trading at over $1.50 because it is also seen as having the potential to develop another mine within a reasonable period. However, circumstances have significantly changed since then, including higher taxes in Ghana, instability in some west African countries, higher costs and fear about the POG heading south."
Do those circumstances really warrant 1/3 of the sp. We're at 53c for gods sake.
You are very right. By the end of this year we'll have the FS on a new mine at Kubi and at least 6m ozs.
PRU market cap at it's lowest in quite a while as they've been hammered too.....809.9m Ours...290m with 130m in cash.....so 160m
asf, if you're ever going to buy, these are the times. I'm an idiot, I've ridden it down in denial.
PVM Price at posting:
53.0¢ Sentiment: Buy Disclosure: Held