The current dip in share price is very disappointing considdering that the market did not award the company any value of the announcement - the company has effectively made $17m, given its shareholders direct exposure to the assets and lost market capitalisation. However, the current dip in shgare price gives an excellent buying opportunity. The company has cash reserves of $9million, a very competent and creative MD (Mick Clifford) and one of the most exciting copper plays i have ever seen in a company of this size.
PMH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
