I know the MD wants to focus on PEM predominantly being a zinc/lead miner (silver too of course) , but GOLD is always a good hedge against basemetals.
I like what IGO is doing atm for example: A nickel producer with a HUGE gold potential in having 30% in the massive tropicana find thats being rumoured to have 3million ounces already.
GOLD as we know is always a safe bet should anything go wrong macroeconomically
OXR too has a great portfolio mix: huge gold, copper, zinc
I think keeping the gold in daisy milano and expanding what they have would diversify some risk away from the stock?
Daisy milano is a small part of the overall picture, but the grade is good, so why not drill more and expand the resource and diversify even more
PEM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held