PMH 0.00% 26.0¢ pacmag metals limited

Thanks Waiken, your insights are always appreciated - I note RXM...

  1. 342 Posts.
    Thanks Waiken, your insights are always appreciated - I note RXM was 13 cents back in January, following which it went to 75c in two days and since then has risen steadily on compounding good news anns, to rise 46% today, which is phenomenal. With 144M shares on issue, PMH has about 2.2 times the shares but is probably worth more in terms of the combined potential of its diversified projects (from my cursory research of RXM's interests). $1.40! bring it on - I still won't be selling though - I am looking for the true value in this stock, which I think is realistically between $5 and $7 at least. I know the tax man would agree with me if I asked him - wouldn't want to disappoint the taxman would we.

 
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