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Re: The_Free_Nebula post# 800

Monday, 08/17/2009 10:22:20 PM

Monday, August 17, 2009 10:22:20 PM

Post# of 12822
$3-$4? Really? I'm expecting this thing be over $4 once the EIS is released. Plus another pop once the permits are granted.

PLM hit $4.40 last May prior to the EIS release. The economy is coming back, copper prices seem healthy (certainly over PLMs $1.25 estimate). I mean, they have $13 billion in the ground and they are trading at a $226 million market cap. The upside to this company is huge. But again, this is purely speculation and this is a risky play - but I'm betting on it.

I am also betting the other mines in the area will bounce up if PLM gets the go ahead.
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