Post by
auburn2 on Oct 19, 2017 9:17pm
If compared to a mining stock
You can pretty well compare PXX to a mining stock since it's quite similar in many respects. Very capital intensive and is considered a NAV story. Well, they have 30+ years of reserves and the enterprise value is comfortably below the NPV of the main project, leaving Blackrod as additional bluesky. I challenge you to find a gold stock as de-risked and as well priced.