PMH has good potential. With the drop in copper prices the market went cool on copper. Despite a significant recovery in Cu prices and more expected to come, PMH should see a resurgence some time. The latest results show them to have a very viable and leave lots of potential upside form here.
There will be a short-term drop post demerger of assets and distribution of PEN shares. Then the market will be looking more at their actual resource and it looks pretty good by world standards, and when this happens I think $1.00 is a reasonable target within 12-24 months.
PMH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held