PMH
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0.00% 26.0¢ pacmag metals limited

Just wondering what stake PacMag has in Nevada Copper if thats...

  1. mephistophles
    1,066 Posts.
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    12/02/10
    10:21
    Post #: 6322198
    Just wondering what stake PacMag has in Nevada Copper if thats what I am reading?

    None. As far as I'm aware, Nevada Copper is mentioned a lot as they have a comparable resource to Pacmag.

    A scrip/cash offer for Pacmag has been made by the TSX listed company Entree Gold (TSX:ETG).

    The current deal offers PMH holders approximately:

    • CAD$0.0415 per PMH share

    • AND .1018 Entree shares per PMH share

    The most recent quarterly is probably a good place to look for the details of the proposed deal.

    Pacmag is currently trading at a sizeable discount to this deal.
    PMH Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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