The Eureka rept has just looked at George Soros' stake in Marengo MGO They believe Soros is buying on the ground floor for the next generation of world class copper mines Already Soros' investment has gone from 9.5c to 20.5c
Marengo has a similar size JORC res to PMH But PMHs Anne Mason dep is in a far better area in dry Nevada not a steamy jungle Infrastructure abounds and costs must be lower PMH also has other irons in the fire U Ge Au etc
Today MGOs market cap is 3.5 times greater than PMH PMH should be at 0.70 to equate
Eureka talks about other Copper juniors now on the radar eg RXM Surprise surprise PMH is yet again unmentioned
It wont avoid the broker and financial journalists radar much longer I love junior res stocks with readily mineable JORC resources because each year gems lie undiscovered completely unregarded by the market giving me all the time in the world to accumulate large holdings
PMH Price at posting:
19.5¢ Sentiment: LT Buy Disclosure: Held
