OTCPK:PILBF - Post by User
Comment by
seatleslimon Nov 01, 2015 8:53am
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Post# 24247949
RE:Intrinsic Value of Reserves - someone asked.
RE:Intrinsic Value of Reserves - someone asked.Aggman, great post -- the heart of the matter. I am very clumsy at operating this format, but took the liberty of trying to elaborating on you point by cut/pasting some remarks by the MLM CEO back in the middle of the recession. I was not able to figure out how to post link -- sorry for volume. Much lower in PLS and we are stupid cheap if no there already. It would be another story -- or at least an element of uncertainty were there a debt maturity or we were hemorrhaging cash. You cannot find anyone in the industry in northern ca who doesn't confirm that Orca is the best material period. We simply need a few dollars od px increases for it to spew cash where as it is only trickling now. This is not an typical Venture exchange prospective story -- honestly think the materials stocks; things like HBK, etc, have hurt this.