cheap as chips, page-22

Im still a buyer on weakness
I have a 5 year horizon with this stock

If we value their JORC res at Anne Mason at one cent per pound of copper in ground value[ Curr cu price $2.50 and mine breakeven costs quoted below $1.50] we reach 50 cents per share. But there is a case for valuing the 7 Bill pounds at at 1.00 per pound less contingencies and applying an NPV calc we could postulate $5.00 plus per share You obviously see this thing of beauty like I do

This res is not in a steamy jungle or in the arctic circle.
It has all the infrastructure needed at its door step and is in a very mining friendly jurisdiction in Nevada

In addition the corporate activity which will be a catalyst for the Yerrington area has begun but the PMH directors have chosen to hide it in the quarterly. Other Directors would be trumpeting this throughout the media

Also they keep adding exciting properties

Todays sellers will look back in anguish in several years time