PMH 0.00% 26.0¢ pacmag metals limited

entree gold improvements, page-20

  1. 342 Posts.
    Thanks Giant1 and Praia, I have heard the deposit described in similar fashion previously by those in the know. As you say Praia, the negative has always been the grades, but the positive is the size and the fact that the deposit is basically a Yerrington basin wide prospect, which means that the possibility of sale or takeover at some point comes into play, from one of the other two or three major players.

    Nevada Copper are next door and likely to reach production well before Entree do anything other than prove up the resource. They may well have an eye on us as a logical resource extension, pure speculation on my part though.

    I agree with the 'slow and steady' probability and will continue to hold - don't see any reason to sell just yet, which is always my basic test of a sale decision.
 
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