PFN TIME...
Barr mentioned that production could be around 2 years from today.. That should propel this stock to the $2.00-$3.00 range. Depending on what PGM's are doing, of course.
CHINA , Brazil, india +.... are all now being forced to add converter's in ALL Commercial car production, to help air pollution.. Will drive the demand for palladium for years to come as 50% of the world consumption of palladium is used in auto industry.
1) Resource is there at economic grades and widths, near surface and tons of exploration potential to add to PFN's 43-101 compliant resource. 45 meters of 5+ grams in most recent drill hole. Announced visible PGM's over 90 meters at relative(open pit-able) shallow depths..WOW....
2) LOCATION: is one of the biggest factors, that reduces costs dramtically and enhances the projects economic edge. (mills are right at our doorstep)
3) ability to raise funds and capital.. I do Believe in Barr and his astounding team of proffesionals he has surrounded him with!
Most undervalued PGM stock you'll find out there..imho.... 30 cents..not for long..GLTA..MMM$