I am looking at PEM like buying a house.
Interest rate are going up, and investors need to bail, but the people who live in these houses dont care.
Property geos the same way. up and down, in cycles.
right now PEM is going through a phase where it is looking to expand. Some investors are bailing, but there will be those who accumulate a bigger stake.
It all depends on your strategy.
Its about how many you can accumulate for PEM, because in 5-10 years who is to say this is not a major mining powerhouse.
It certainly has the potential. if this becomes a $3 billion company the market is going to be around $15 a share.
it all takes time.
$3 billion PEM is $15 a share.
can it get there.
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