I never seriously consider investing PMH until I have watched a program from ROBTV on the web regarding Nevada Copper NCU.
On the show Jay Taylor from www.miningstoks.com recommended buying NCU for cheap valuation. NCU only valued at 1c/lb copper resources, while industry average is about 3c/lb copper, and RIO paid about 7c/lb for the Mongolia deposit JV. He claimed NCU is a 2-3 bagger stock.
Of course, PMH 's major asset is at the same region of NCU. Ironically, PMH is valued under 1c/lb, (7b lb copper, with $45m market cap. fully diluted)
What do you think the chance of upside?
PMH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held