Extract from Bromby's Pure Speculation in The Australian today on WA gold hopefuls:
"However, there remain a few (relatively) cheap stocks. PMI Gold Corp (PVM) is capped at $49m even with its 80.8 per cent rise on Friday after announcing a 270 per cent resource lift at the Obotan project in Ghana"
That should read ~$100M...still undervalued though compared to it's peers.
Now the story's starting to get out there, I can't see any reason why (apart from gold tanking) PVM sp won't increase in line with the resource upgrade...ie TREBLE from the 60c before the ann.
There'll be profit taking along the way so it'll be a bit of a roller coaster ride but worth hanging onto IMO, particularly when you consider there's only ~200M shares on issue.
Happy days...
- Forums
- ASX - By Stock
- PVM
- opening price monday ... $1.20+
opening price monday ... $1.20+, page-2
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PVM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online