opening price monday ... $1.20+, page-2

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...