The Greek Sovereign Debt problem is kindling a theory of a second Global collapse The European Nations and the G20 will bolster Greece and any other embattled Nations by extending loans which stem panic allowing sound long term reforms to be enacted There is likely to be exta currency around chasing a finite supply of commodities Most of the world is growing and the pace is likely to accelerate. The medium term outlook for Copper is very bullish and juniors with good proven resources will become more attractive As PMHs price slips in the short term the likelihood of other bids grows as nervous holders and margin funded holders bail A number of analysts on CNN money have reported on increased shorting over the last week Any shorters in PMH will be badly burned in the next three months as the Entree and or competing bids play out Waiken
PMH Price at posting:
25.0¢ Sentiment: LT Buy Disclosure: Held