PMH 0.00% 26.0¢ pacmag metals limited

I agree,I cannot understand how $20m cold, hard cash (or an...

  1. 473 Posts.
    I agree,

    I cannot understand how $20m cold, hard cash (or an equivalent) gets treated like nothing happened.

    There are many uranium companies out there with poorer uranium assets than PMH’s, and these are valued at $30m +. PMH has actually received the cash in the bank on theirs (so there is now little risk on the value of this from a PMH perspective).

    This means that the market values the massive Ann Mason deposit at around $30m – which is absolutely crazy.

    All today’s price action reaffirms in my mind that PMH is a long term play, that is going to benefit enormously as the copper bull market resumes its long term trend.

    PMH will be a $1.00 stock – no doubt, IMO.
 
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