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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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PMI GOLD CORPORATION PMVGF

Metals & Mining Gold


GREY:PMVGF - Post by User

PMI GOLD CORPORATION
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Post by jraion Mar 15, 2011 4:58pm
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Post# 18289793

Stock Price?? New Investor

Stock Price?? New InvestorHello Everyone,
I am a new investor who is doing research on this stock.  It looks like this company is trading quite cheaper in comparison to it's peers. 

Taking $150/ounce at 200 mill shares o/s roughly values the company at around $120mill whereas companies with a similar resource are trading on average at around $240mill to $300 mill range.

With agressive drilling the company should be moving a fair bit from inferred into indicated and measured category by this fall.

Any opinions or thoughts would be appreciated. 
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