Last nights ann by Nevada Copper is heartening They have 3 drilling rigs working around the clock The results for Pumkin Hollow get better and better. I predict the eventual compliant res will exceed 12bill pounds Cu. Their work is making our adjacent Ann Mason Dep sexier by the day.The Entree directors will be expecting a large bonus for grabbing PMH for a pittance.
The first Court approval for the PMH merger meeting has been attained. The only things left to thwart the deal are : 1 The independent expert opinion stating the bid is too low. We should see this opinion next Wed with the release of the scheme booklet. At long last! 2 A second bidder emerging. If so I'd pick an 11th hour bid in the 2 last weeks of May to put Entree at the maximum disadvantage in regrouping. 3 The PMH shareholders voting it down. If no other bidder emerges and Entrees price stays at or above current levels I cant see it voted down
Waiken
PMH Price at posting:
28.0¢ Sentiment: LT Buy Disclosure: Held