re: Ann: Significant Drilling Intersections a...
Hey Disco....Like you as a long term holder I can finally see some light on the horizon for PVM. They are now again starting to release further drilling results from a variety of sites other than obotan and this will help to rekindle interest. These results, together with an increase in long term gold futures will make it easier for the board to find the right investment solution to funding the development of Kubi as a short term open cut operation and thereby generate an early cash flow to support the development of Obotan, where the big prize is. In addition the acquisition of the Obotan South tenement will help to further delineate the resource. The PVM board has a lot of clout and experience and I am sure they will hit their previously stated deadlines of Q3, 2012 to make the final investment decision. I expect we will revisit previous highs when that occurs.
Keep the faith comrade
PVM Price at posting:
81.0¢ Sentiment: LT Buy Disclosure: Held
