WebralRe: SOCPMR's market cap is really just a figure - it is...

  1. 23,919 Posts.
    lightbulb Created with Sketch. 752
    Webral

    Re: SOC

    PMR's market cap is really just a figure - it is the land holding they have around broken hill and the Chinese kicking in $11M for 30% of the tenements which is the value.

    Same for SOC $10M for 30% and their land holding. Gossan acquisition with 313m @ 1.4g/t with mineralisation at depth.

    Anyone doubting the funding should check the last reports - Chinese already spent $480k on flying hely VTEMS, purchased a deep drilling rig and shipped it over and sent a team of 17 geos out for field work.

    As I said, purely down to lack of promotion and selling the story. Drill results will speak for themselves

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.