Gold has been consolidating its break viz 1305, of the d/t from the 2011 highs and now looks like its confirming start of a new primary upwave. USD, logscale of course. I want to see 1365+ and we can start talking about the fifth primary IMO. Exciting.
Palladium broke out weeks ago thru 1200 and is now acceletating. Dines. Sprott et al getting excited. I am excited. So are you.
Why then isnt there any excitement coming out of PGM??? I was screaming Skaergaard from late 2016. We should have been preparing from then to propel us into the big league now.
We need a separate company for Skaergaard, 75 pct PGM shareholders Inspecie distributed into it, 25 pct insto injecting 20 mill bucks and a project team capable of taking it to DFS to max out our leverage for further jv negotiation beyond.
For 40 mill ozs resource of two of the hottest items around, an implied value of 80 mill for SKG say, or TWO DOLLARS PER OZ IGV should be attractive for a cornerstone investor looking to fund DFS (20 mill for 25pct) for a hundred bagger upside mid term. The friggin potential is that big if the golden gurus get it half right.
So are our boys smart enough to bring it home. Ive been waiting a decade to see the stars align to allow this to happen. They have aligned. Reputations can be created or screwed over this. Guess we should soon know. The major shareholders and I hope company officers look in here. Work together boys. Lets have some real fun and make lotsa moolah. How hard to sell the model to eager players now looking?
Opinions as usual.
PGM Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
