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Re: MWM post# 9093

Monday, 03/12/2018 10:51:34 AM

Monday, March 12, 2018 10:51:34 AM

Post# of 12369
If there is a buyout. And hopefully it will be well after the deal is signed. Then we won't get such a crappy deal. But we will still get slighted like forum also got slighted by their controllers/ parent company as they were pretty much merged with pxp. If that does happen I suggest you jump right back in and buy apx or pxp whichever is of greater value for its % ownership. Apx has 30% of the field. And pxp has 70% of 70% which is like 52% or something close to that.
I don't think the hidden value of sc72 is reflected in apx yet as it is in pxp. But fecof is clearly the undervalued of all by an entire digit nonetheless. If the deal falls apart apx. Apex mining ph will hold better than all others. Just my opinion.
Does anyone think this company of still as it is now could be a pe higher than 1 or even 2? Or just reflect its cash value? Reason I ask is obvious for price.... but also that they can borrow against some equity as it rises and explore other areas / service contracts in that future time. It looks like the entirety of ph will benefit with its stock market if this rolls thru. From banks to real estate telecom etc
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