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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Bullboard Posts
Comment by Wuggyon Jan 20, 2013 3:04am
341 Views
Post# 20862606

RE: RE: RE: Selloff

RE: RE: RE: Selloff

Thanks guys for the good thoughts. I just find the recent trading action puzzling.  Fundamentals for PVG should put it ahead of most all other near-producers of comparable size. Morningstar estimates intrinsic value for PVG at $18.81, SEA at $19.53.  1 year range guesstimates are $17-$32 and $24-$86 respectively. The two companies should move in tandem, but they don't at all. PVG drill results suggest that it shoudl become a market darling going forward, but instead, on my stocklist of about 30 companies, it's the dog by a wide margin.

Why?!  What is missing from this picture that the market seems to know?

Rgds

Bullboard Posts