RE: This is too funnyIf PCY owns / holds 40% of NKL, then why aren't future valuations taking this into account on a reasonable ratio? Much like Minco Gold and Minco Silver, in many ways. Plus, PCY has coal to sell and a power plant to build....BUT, the association should propel them along, regardless of any coal ventures. I obviously only hold PCY at this point, but WTF?
Plus do the valuations address the resource value only, or the P/E 10-20X ratio?
Seems to me that PCY does a lot, and has a great future, but there is absolutely no reason why they aren't a $20 stock by now. Just management on a long learning curve, politely put.