PRE 0.00% 6.0¢ pacrim energy limited

manus island, page-4

  1. 2,751 Posts.
    From my take 1 million ounces of gold is worth $3 million to us and the upside 10 million ounces being $30 million plus taking a nominal inground value of $30 an ounce plus my take is another 50% for the copper which far outweighs the current market capitalisation.
    Downside is deep non economical reserves.

    Unfortunately the share price has been hammered into near non existence and I will add I supported it by buying in the high fours and fives but currently will sit patiently in the queue for any more downside.
 
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