PMI GOLD CORPORATION PMVGF

Stock Price?? New Investor

[jrai]

Hello Everyone,
I am a new investor who is doing research on this stock.  It looks like this company is trading quite cheaper in comparison to it's peers. 

Taking $150/ounce at 200 mill shares o/s roughly values the company at around $120mill whereas companies with a similar resource are trading on average at around $240mill to $300 mill range.

With agressive drilling the company should be moving a fair bit from inferred into indicated and measured category by this fall.

Any opinions or thoughts would be appreciated. 

[OracleOfOttawa]

100% agree with people who believe this stock is currently undervalued... duh...WINNER! (sorry, couldn't help myself)last couple of days, let's face it, everything is down, and I find that when the TSX is down, people have less discretionary spending money for "penny stocks", and the ones that are above water are the first to go.Plus, as mentioned before, I don't think this

[dbraunraich]

I completely agree. This company is sound financially and managerially. I personally know Doug MacQuarrie (he's my neighbour), he is a conservative, trust worthy stand-up individual. He is also very smart and know what he is doing, the company is on the right track and is advancing towards production. I've owned stock for over 4 years now, (went through the 0.01-0.02 phase) in those four