PEM 0.00% 35.0¢ perilya limited

now a zn pb ag and soon cu mining house

  1. 1,201 Posts.
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    like Ive said b4:

    how many companys are mid-tier DIVERSIFIED mining houses that are in production???

    OXR, KZL , and PEM spring to mind.

    thats it out of all the mid-cap producers out there generating cash atm!

    Always good to hold these as they are RIPE takeover targets!

    PEM is a friggin STEAL atm. Look how much COPPER theyve found!

    Even at these depressed Zn prices, the lead price has made up for a lot of the lost ground in Zn.

    Furthermore it is one of the biggest LEAD producers out there

    On top of this, theyve found a tonne load of copper now.

    This needs to be factored in to the valuation now!

    EPS forecasts are still circa 60cents for '08 and 70 cents for '09 broker consensus (and these use lower long term avg prices for eps!)

    NEW PRODUCTION coming this year too from the new mine.

    Like I said - only KZL, OXR and PEM are the diversifieds in the mid-cap arena. Take your pick and goos luck, coz all these are takeover targets (esp KZL and PEM as OXRs mkt cap is already HUGE)

    IGO, SMY, MCR, WSA are the nickel mid-caps, but OXR, PEM and KZL are more diversified.

    All these will probably get taken out in the mining boom ala JBM!

    PEM at 3.30?? Its a friggin steal!
 
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