I phoned PMH last week. The coy is very understated. My personal...

I phoned PMH last week. The coy is very understated.
My personal take is
1 The docs are with the ASIC
2 The timetable may be only 2 weeks behind schedule
3 An ann may come by 31.3
4 The Yerrington Nevada area has a potential res of over 30 bill llbs plus making it one of the largest Cu belts in Canada and USA.
5 The rationalization of this area has begun and Rio/ Ivanhoe will likely take control thru Entree
6 I cant see a reason for ASIC to reject the deal. Issues of National interst lie with the USA and they've already lost controlof the Yerrington res.
7 the merger will take 7 mths to complete from the Nov ann which is flushing out the short term investors
8 Im predicting the value of Entree shares and the cash recd will be double the curr price by July.
Waiken