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PMH - Pacmag Metals

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I'll hold untill I see something go very wrong
Click to expand...

An example would be?

I dont blame those holding who bought at say 30c.
I question though those that watched it hit 56c twice and still held.
I'd have thought that a near 100% profit would have been worth taking and further buying opportunity would present itself.(which it has---could get better yet).

It just seems to me when there is a blow off which is missed by the majority it then becomes a long term hold.
Money tied up waiting--waiting--blah blah.

Had I traded it when I saw it I would have a small loss but stll be trading others and be in the position if I chose to take this if it springs to life.

Each to their own.
I personally dont like holding stock doing little (short term discretionary trading).
Longterm position trading is of course different.
 
Hi Tech-A. Untill I see the share price drop 10 cents on large volume

I'm really not worried about this one. I'll just leave it sit there for the time being. I still think they have potential to rise with their Blue Rose copper/gold project plus their Uranium play at Olary. I'll also wait for the resource upgrades at Anne Mason.

Like I said I wouldn't have 20 grand in this one but its one of my spec plays. High potential to turn 3/4 grand into 10 grand. I have a few specs but I consider this one more spec than others.

http://www.pacmag.com.au/uranium_projects.15.html

You have to also realise they could very likely release an announcement saying the Anne Mason project is economically viable due to prevailing copper prices. When that message comes out they are going to fly. I dont want to miss the frenzy.
 
I agree with Chris.

There may be a trading halt then an announcement within the next year that will cause the price to more than double and there's no way to get in in time.

I'll hold, this has huge potential. Day to day fluctuations don't worry me, but I follow them all the same...
 

Chris we are different in that I dont trade would be's or could be's.
If I couldnt double $4k in a year without could be's then Id be pretty annoyed.

By the way if it drifted down another 10c Id still be pretty concerned.
Particularly as most like you would have sat in this for a few months and realised little profit--infact realist would be negative.

Anyway different trading styles good luck with it.
But you could be right and you maybe wrong.
 
Well hey I could be out of this one in a month if I dont like what I see. atm the potential is there. A small loss wouldnt hurt me Tax wise. Then again no one wants to make a loss..thats not the aim of the game. I just think the potential is still there hence I'll hold. This stock is definately still unsure. Its not like some of my other stocks that I definately believe will double with time such as AGM/PNA. I did buy into this one to more than double my money in quick time. I still think it can. I still like their prospects and what they could offer. Im actually breaking even on this atm. If I was afraid I would of been out at 50. So I guess i'll just see what happens over the next month.
 
tech/a said:
By the way if it drifted down another 10c Id still be pretty concerned.
Particularly as most like you would have sat in this for a few months and realised little profit--infact realist would be negative.
Click to expand...

I would be negative, but I'd still hold...
 
Well I wont continue to hold if I start to dislike their operations. Thus far I dont think they have done anything wrong though. Their share price was in the low 20's before their significant 64% resource upgrade at Ann Mason which they believe will be further increased with higher grade targets still to drill and then they reported good signs for a positive uranium prospect at Olary.

In my mind I think they will also report good results from their Blue Rose copper/gold joint venture with Giralia. So atm I believe their SP is a fair valuation on what they have said. I believe they have also hinted on an in specie uranium spinoff. They still seem to have a lot going for them..which is why I wont sell just yet.
 
I will "speculate"differently.
A). The Ann Mason project will be either acquired by a "Major"for a huge price (or the company will be taken over, except the Uranium Tenements).
B). Upon completion of the above (or even sooner, much sooner) an announcement of a further Uranium Tenement acquisition, (even in the USA!!!) thus the compan's future may be in Uranium after a HUGE cash deal for the Copper deposits........

Only a "wild" thought, hypothesis by me.....

Please do your own research prior to any selling-purchasing decision.



***** PMH, as well as AUM (CDU) and RXL were all humbly tipped by me in Ozestock, few months back......


Cheers)))
 
Realist said:
Well mate, you go put your hard earned into Cudeco shares, I'm sticking with PMH. And I know who'll come out ahead!!
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Not a worry Realist, cladly take you up on your offer. If you didn't notice PMH shares went down another -0.02 today and I also think it will continue to fall and go sideways. As I will tell you why? Were as in my hands. CDU rose another +0.04 today as it continues to remain steady and rise slowly but surely. As I will tell you why?

WHY;-I believe you totaly overlooked PMH from the word go and you may continue to over value PMH at this time. Were as CDU wasn't overlookked by me from its breakout piont because I was given a insentive and a warning towards CDUs movement and momentum at that time. because if you look back at your chart of CDU, you will notice that it became a bull before it brokeout. Enabling me to establish a CPMA, MVA and then in turn a MACD. that gave me a profit percentage to work with, and was'n it one hell of a percentage. The sells were then easy to reconise as the ASX put a trade holt on CDU. A very dirty and greedy disadvantage I thought.
Were as you on the other had have put your all your penny's on a flat footed trade, something that doesn't last or go very far. I mean you put your money based on those fundermentals, but if you ask me its all hear say? And the momentum of PMH will not last, whilse charactoristics will slowly decline. I for one think PMH has got no chance for sum time. unless it can pull a rabit out of the hat!

Thats my wager are you still willing to put your sheep station down?:
 
You are talking bollocks.

CDU is $3.89

PMH is $0.43

On today's prices I would not touch CDU and I would recommend a buy on PMH...

We'll come back to this in a year....
 
Realist said:
You are talking bollocks.

CDU is $3.89

PMH is $0.43

On today's prices I would not touch CDU and I would recommend a buy on PMH...

We'll come back to this in a year....
Click to expand...
Thats fair enough, I've got bugger all on CDU anyway.....,

But I wouldn't waste my Money on PMH
I'd put it on somrthing thats moving in the right direction today......,
abd not tomorrow.


Cladly see your results in 1 month or a week.......
 
Hi Stocky,

So are you predicting this to drop sharply? or retract slowly? I remember all earlier predictions were for the stock to retract sharply. That hasn't happened. My opinion is that it will continue sideways..even rise slightly untill they release the results from their Blue Rose copper gold project. They should be releasing those drill results next and the project looks promising.
 
So what are your views on the SP of PMH today? They seem to be holding strong IMO. They hit resistance of around 43 and then the buyers come in. That has happened twice now.
 
looks like buyer appears last 10 minutes and drives sp higher...
maybe tmrw we can see another break to 50c, if dow and copper price hold position too
 
46.5 close, happy with that on what was not a great trading day for speccy miners. CQT has an excellent announcement and got hammered for it.

PMH seems to have a floor around 40c.

Can it break 60c though? that is wht I am hoping for..
 
Looks like its going to have another run--pre market.
 
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