SOC 0.00% 9.0¢ soco corporation ltd

anybody got ant thoughts, page-14

  1. 23,832 Posts.
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    Webral

    Still hanging onto the PMR arguement ? This has nothing to do with PMR, just stating that if you consider the suite of tenements, $21M funding between the 2 and PMR's sedex potential, and Mt Adrah, SOC is very undervalued.

    Just as an FYI on PMR, you also didn't notice the $35k buy at market at all time highs last week around 50c ? You really need to do some more research on PMR before you discount their market value also. Grades such as these are exceptional:-

    17.68m @ 4.18%Cu, 15.21%Pb, 24.02%Zn, 197.19g/t Ag
    15.24m @ 2.84%Cu, 8.84%Pb, 18.70%Zn, 482.3/t Ag
    6.25m @ 3.63%Cu, 14.61%Pb, 21.59%Zn, 352.3g/t Ag
    8.86m @ 2.61%Cu, 8.17%Pb, 14.4%Zn, 201g/t Ag

    If you took the time to look at the conductors and how they align with the drill holes, you would see the potential of the area to host sedex and thus the value. Also, PMR has M's of shares outside of SOC/Raffles/Hudson. If it is so overvalued why aren't they coming out and why are people having $30k lashes at all time highs ?

    Even if you forget PMR for a second, just as I think you will find today's buyers are, if SOC have near 900m of continuous disseminated sulphides then SOC is certainly cheap.

    SOC doesn't need to 'look good on paper' when they are coming out with announcements like today.

 
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