research note, page-9

Loki....it's ok mate

I have mentioned this many times before. When listing in the original prospectus there was a miscalculation on the Kubi deposit. From memory the size was too big and the grades too small. What resulted was PMI tanking upon listing at 70c to flounder down in the 40-50c range. This was purely a stupid mistake and allowed people like me to buy it under the listing price.

We are very undervalued, we will be bigger than Persues, but trade the market as well, accumulate.