PMH 0.00% 26.0¢ pacmag metals limited

us media on sentinel u308 activity, page-4

  1. 3,731 Posts.
    Great finding, donnaleighh.

    It is a great disappointment that share price is going nowhere.

    The Ann Mason copper is huge. But the problem is you need large scale bulk mining to make profit. I mean, Minimum $1b capex.

    For a same joint like PMH, it is almost possible. The best shot is to be sold to a major like BHP, RIO which both have similar operation in the same area or nearby.

    Currently, PMH is valued at less than EV of 0.5c/lb resources for copper only. Well belong any recently transaction which is between 3c to 7c/lb.

    This is why PMH is like a lotto ticket. I am almost certain it will be bought out, just don't know when.

    For the time being, the uranium is a very good story. It will generate some very interesting news.

    As you know, the best strategy is to keep a core position to avoid major disappointment. Trading some of position to get in front.
 
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