Hi Disco....Blast from the past. You may recall I exited some...

Hi Disco....

Blast from the past. You may recall I exited some months back.

I agree wholeheartedly that PVM is a stock that should be valued significantly higher than what this fickle market is demonstrating.
As a producer, it WILL be... but before that occurs there will be capital raising (additional to the C$100million), to facilitate the infrastructure required to mine.

Also, a lack of exploration news will continue to depress the SP.
In this market "no news is bad news.... and good news is never good enough".

I recently began to rebuild a position in them, but I will be very selective as to the days chosen to do so.... and I WILL be taking my time.
There is absolutely no question we will see significantly higher share prices in this stock.... and indeed dividends forthcoming... but it is going to take time.
At the moment there are simply no exciting stimuli to drive the SP.
Logic is one thing.... sentiment is distinctly another.