Pasinex Resources Ltd C.PSE

Very disappointing SP

[GoldenDreams]

The sp action is a real bummer. I can’t imagine what it would be if we weren’t profitable. I am tempted to purchase more but it looks like this could be dead money. GD

[silverT]

Every thing looks good with the company...except the SP. I think it's the big push with MJ stocks.

[BloodPolska]

It's always been like this. It only goes up or down when we are approaching news. .22 though is too cheap. 

[GoldenDreams]

Sven Olsson has been buying, 80,000 shares .24-.26. Good sign someone from the board is stepping up. I agree that .22 is stupid cheap. I’m tempted to buy more but will wait still. My fingers are scared from catching falling knives. GD

[ernestokg]

I hope you are right !

[risktakers]

why stockprice drop?  I thought this company is great but it doent show on sp? any thoughts

[GoldenDreams]

I figured it out. We dont sell pot, we dont mine crypto, and we are actually profitable. That my friend is a recipe for a crappy share price in this F-up investment climate at this moment. Pray they find a Bitcoin in that mine. GD

[wolftrader]

Very good analysis. A PE of 2 is not interesting as long as there are wonderful money machines out there. But believe me, that will change. Relax, sit and wait and soon you will smile.

[Druchii]

How do you get to PE 2?  Q3 was profit was $1.8m, mkt cap is $28m

[wolftrader]

Q4 will be by far better than Q3.  Profit in 2018 based on a zinc price of 1,5 and a production of 75.000 t should be at $ 13 mn. 

[Druchii]

Wow, insane how cheap this stock is!  Do you expect they can maintain or increase production at these levels in the coming years?

[GoldenDreams]

Mining is always risky for all kinds of reasons of course. Management has given us reason to believe they can maintain current production levels for the next 3 years. The focus is now on exploration. I am curious about how quickly they plan on starting exploration activities on the Gunman project in Nevada.  GD

[wolftrader]

I know the management for several years now and they are very conservtaive and tend to understate and always exceeded the forecasts. 

[GoldenDreams]

I believe that in the last Webinar Steve W. mentioned that he suspects the drop in share price was caused by the market not liking the fact that a significant amount of profit had not yet been paid to the JV by Akmetal. He addressed this by stating that Akmetal would pay this in a dividend. The question that remains now is when? Will it be announced in a PR or are we to wait for discovery in the

[BloodPolska]

I held PSE for almost all of 2017. Its quite a shame that a company that has incredible margins with management that is extremely level headed with a quality plan has such a low SP. They have all the ingrediants for a solid SP but the market is just not biting. Possibly after the few conventions at the beginning of this year (Toronto show and germany) we may see an increase of interest with PSE.