GREY:PTQMF - Post by User
Comment by
goodapeon Nov 06, 2012 1:04pm
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Post# 20568207
RE: if you were INMET....
RE: if you were INMET.... "220 million shares outstanding......"
On fundamentals, PTQ mines more ounces gold per dollar market cap that almost anything out there. That is WHY fundamental investors are interested in this stock. If you want to have 1/10th the amount of gold per dollar market cap, there are big outfits out there that offer you diversity of mining districts and dozens of projects each to lessen risk. But you PAY BIG for it.
I don't know why the stock is down 20% on the day. Does anyone think Inmet's offer is going to go away?