Post by
teevee on Jan 28, 2022 9:01pm
PMET looks like a winner
with 100m widths at 1%, tonnage will build quickly. Given the $13 million winter-summer drill program, a large resource will be defined. Assuming 50 million tons at 1%, target market caps should get to anywhere from $400 million to over a $billion, examples being CRE, SGML and LAC.
Comment by
endgamer on Jan 29, 2022 10:36am
shortly after the uranium discovery made by Eso, the neighbor Nxe made a similar discovery which would be much larger than the initial discovery made by Eso. The problem for Nxe was that the share price was very slow to respond to the amazing drill results. But patience definitely paid off greatly for the patient early investors who would be greatly rewarded. So I will be patient with Pmet. Glta
Comment by
chopperzombie on Jan 29, 2022 12:27pm
This one reminds me a lot like NXE. If PMET had these drilling results a year ago the sp would be around 2-3 dollar range
Comment by
teevee on Jan 29, 2022 1:27pm
in monitors report, a private group from Bahama is paying $600 million for Nemaska assets; market cap for SGML and LAC range from $900 million to over $4 billion. Lithium set to be best performing commodity 2nd year in a row. Current lithium production only 4% of projected global demand so PMET will perform very well this year, likely at least a 10 bagger for those who are patient.