All the spin and good drill results dont mean squat and sure management have underperformed, but the fundamentals of this company are that is has nothing at low or moderate prices. With the resource and location it was always going to be this way.
SWC and PAL have made massive multi year breakouts together with gold stocks this week indicating major moves are starting at the top. The tiny companies with large but low grade higher cost resources should follow. Perhaps this sounds extreme but you, me, and olympian could run PGM, do nothing but sip lattes all day for the last few years and wait for higher prices which are starting to show now. This is the strategy a few canadian based silver companies were doing in the late 90s and early 2000s, just acquiring resources or sitting on uneconomic resouces waiting for higher prices, then raise capital at higher sp with renewed interest to fund exploration and production. For these companies, this period is already long forgotten today imo.
PGM Price at posting:
36.0¢ Sentiment: LT Buy Disclosure: Held
