PMH 0.00% 26.0¢ pacmag metals limited

Strange enough, people judge the value of share by the face...

  1. 3,731 Posts.
    Strange enough, people judge the value of share by the face value, not the assets behind.

    What are in common: FNT, MGO, and PMH?

    They are all owners of low grade, large scale copper/moly (gold) deposits.

    FNT: 203mt 0.32% Cu (+moly+gold 0.47% CuEq)
    MGO: 760mt 0.34% Cu (+moly 0.49% CuEq)
    PMH: 810mt 0.4% Cu (+40ppm Moly)

    Everyone is flagging big mining operation, big capex and of course, big NPV.

    FNT has been very active recently, while MGO and PMH both are in idle.
 
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Currently unlisted public company.

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