PMH 0.00% 26.0¢ pacmag metals limited

Today's ann from PMH just confirmed what we have discussed here,...

  1. 3,731 Posts.
    Today's ann from PMH just confirmed what we have discussed here, that is PMH is seriously undervalued than its close peer listed on TSX.

    Also,

    Steven,

    Have seen you posting on BMN recently, I don't understand your logic of buying BMN now if you hold PMH.

    PMH ore IGV: 0.4%Cu, about $35/t ore
    BMN: ore IGV: 200ppm about $30/t ore

    PMH IGV: 3.24mt Cu, IGV $28b
    BMN IGV: 80% of 76mlb U3O8, IGV: $4.5b

    PMH EV: $35m
    BMN EV: $200m

    Understand they are different companies, but comparable value is far apart.

    Actually this kind of comparable study enable me to liquid 95% of my BMN at very attractive price in last Dec.

    Go PMH, soon or late some major or the Chinese will take it.

 
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