currently same mkt cap as IVR with 4x the equity resource at 50% higher metal grade. Even if i assumed a $US50 silver price PMY would still have 60% higher silver equivalent ounces at roughly same silver grade.
so either IVR is only worth 1.5c or PMY is worth 3c+ at the moment - marked to market
its not that really - it just takes a long time for gold/silver bugs to understand economics - they are PM grade focused to a twit, sorry tweet
thats the thing about polymetallic base/PM projects in early stages before the funds get involved
one half of the retail market (gold/silver punters) sees you with its right eye open - like that goldnerds spreadsheet. completely misleading on likely economic viability for SVL, MYL and PMY in particular vs say IVR
- the other half the retail market (industrial metal punters) sees project with its left eye open
ony the shrewder multi cycle commodity HNW money see the full picture at this stage
PMYO toot toot, page-30
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