Can anybody (happy to hear any and all opinions) tell me how come this stock keeps making stellar announcements, but the share price goes sideways?
Any other junior with these projects would be at least double PIO' market cap.
Despite my grumbling about the lack of communication from DC, I understand that pio dome is a complex resource and he wants to be definitive before attaching a revenue figure. But, does that caution justify the excessive discount that is being applied to this stock?
Over promising on progress and then under delivering is only part of the answer. I firmly believe that when the financial parameters of our first mine are well known and understood (and believed), institutional money will initiate a re rate of PIO that could take some by surprise.
It may be a leap of faith, but I don't think 8-10c is out of the question by this time next year.
Just imo......
PIO Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
