Summary

• Powder Mountain Energy is currently trading at approximately $0.38. The cash on its balance sheet is worth $0.72 per share ($34,680,000 total).
• Giving zero value to the company's other assets, the cash value of the stock represents an 86% upside from today's price.
• The cash on the balance sheet positions the company well in a down cycle.

Full Analysis
https://www.dropbox.com/s/7eeo2h19r9b0cwx/Powder%20Mountain%20Energy.pdf?dl=0