mostly because it's non-binding...PMT can sell another 5% to PLS tomorrow if they want.
PMT was cashed up before, NOW?... "The additional funding will allow us to more aggressively advancethe Corvette Property through drilling, permitting, study work and more.”
ALB cash will likely... fund another 1-2 camps and increase rigs to 20-30. PMT will hire an army of GEO's to get every outcrop sampled. FAST-track PFS and permits!
If they had 5 of something before...they can go get 20+ now. NOW...nothing can stop PMT from building this into a 300-500+ Mt resource in the next 2-3 years! Biggest in the world!
PMT can basically do anything and everything to explore and get mining ASAP.
ALB is legally capped at 4.9% !!
Freaking awesome deal!
*Now I just need to find the post I wrote a month ago where I said the exact thing would happen above!
PMT Price at posting:
$1.51 Sentiment: Buy Disclosure: Held
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