PMH 0.00% 26.0¢ pacmag metals limited

today's value - 36c, page-39

  1. 342 Posts.
    At the end of trading this week the gap between the offer price and SP has closed to 20%. Given that copper continued to rise this week and Entree's price settled, I am expecting that next week will see Entree start to make some ground, which we will follow.

    Not sure I agree with you Tombu, it is a small company with no money but huge assets, in an environment where everyone is peddling their wares to the larger players. I don't see it as a question of the directors quitting PMH so much as it is a situation of advancing the value of the assets for shareholders where there are few options, putting us in a position where someone else will push the projects to development more quickly (as they have the capacity and intent), and (above all) the company not having to ask us for the money to move things along. I am not so unhappy.
 
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