re: pdns above market premium
Must remember that the jewel in VUL'S portfolio is Valhalla/Skal and although they have 50% SMM are the Managers so they control what happens. Look at VUL'S qrty report just out. No drilling at Valhalla during the last 3 months. What does that tell you. That SMM calls the shots. I think considering PDN are only months away from being a producer ,VUL holders will be better off with PDN shares.Also they will be better partners for SMM and with the changing political scene it is win win all round. Mining would start earlier with PDN so adding to their sp
Read this knowing I hold PDN and SMM but not VUL. But that is how I see it. SMM has so much 100% owned ground VUL has to wait in line.Maybe I am wrong so would be interested in other views.
VUL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
