No surprise to see it 50c Maaze ........ a whole whopping 15 mill market cap, wow ......... take away the cash and thats a paltry 10 mill for the MEGA RESOURCES in the kitty seeking critical mass and nuclear launch for PGM in a Kondratieff resources supercycle. Joke hey ?
In fact I am surprised it aint yet at the lower end of the Olympian A-3 target zone 80 - 160, the upper end representing a 50 mill market cap where , IMBOOC it should now be sitting ......... u know, 0.1% of the IGV of Skaergaard for starters. I mean WHY NOT (ORM rule #1) given what some dogs are sitting at based their IGVs !
Anyway 50 mill market cap doesnt even do justice to its Ozzie potential IMO.
So lets keep cool heads here cos doubt there is much loose stock remaining outa the hands of Olympians backing it and dont get excited about such piddly numbers the market wants to "value" us at ........ what a joke, 10 mill "value" if u take away the cash !!!
I have been screaming at yas since the 20c days at which price Im set with core and I will be tied to this rowboat's mast the same way as the Ark's mast to which Im still tied after the first 30 bagger. (Not sure to do that, might have to clone haha )
IMO we have a LONG resources boom still ahead (2014 is the K-15 year call) and precious metals are set to fly in their own megabull C during this time IMO as the paper printing presses accelerate in effort to keep the system afloat.
If u believe in this Grand Olympian Road Map, then PGM MUST offer the definitive extreme leverage play to the coming paper burns .... and when critcal mass is reached in due course as a result and JV major comes along to foot the bill and free-carry PGM, I'll be looking for a re-rating to around a "funded" 3% of a then higher IGV like the Rum Jungle King has already provided ........ and STILL cheap at that !
Core accumulation is still the name of the Olympian game at current RIDICULOUS market cap !!!
All personal opinion and part of my personal calculated reward/risk investment and hedge strategy based the GORM and its likely consequences, Aphrodite be praised !!!
Back to Huaihai Cheong Loo and its girlie bars for a few sacrifices to Aphrodite tonite haha.
Ciao bros.
PGM Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
