RE:RE:RE:Abx _ use you margin Listen I, not betting my life on it, I saved that for BTO.. and its a haymaker. I guess my argument is if you have 10-20k you're not concerned about I think its a good gamble. Its personally my favorite one. Its certainly not WM which has done amazingly this year.. I've been in Balmoral and Wallbridge for over a year now but... lets revisit it in a year.
My broker put me on to PUC and heres why I like it.
1) It's tiny
2) I like management and the've lived up to their promises 100% every step of the way
3) Insiders self finance and all have skin in the game
4) Cashed up... Just did a private placement during the worst of times at 100% premium to market price @ 0.08 cents when it was trading at 0.04. Someone must like what they see
5) All compensation via options is well above current levels
5) It was at one point mined at grades that were profitable in the 80's/90's
6) Theres a ton of potential and no one knows about it
7) Own all concessions around the former producer
8) Hired all geologists that originally descovered the producing mine who think theres tons more at depth
9) Government stands behind them
10) Won bid amongst many others (much more powerful players) to take claim.
I'll be quite honest I parked a large position (relative to that market cap) into it in the markets at 0.04 cents so I may be biased. by far my favorite small dog play.
RosewoodRooftop wrote:
Inca2020 wrote: Since we're on the pump train. Buy PUC.. the ultimate in small dog category
Rustyred24 wrote: Buy wm or bar ! Big play in detour area new big high grade gold mine !
200 m shrs out, lost 1.8$m usd in last yr, and has no cash or liquidity.
Bit of a dog there partner. Not worth the trouble.
rosie