How do I compare PAW to other Indonesian companies?
PAW: I have discussed many times. Look above. Jus note that there are NO warrants to be exercised from cheap levels. Thus, no cheap paper coming out to drive the price lower. Also, they have drilled over 80 holes.
PCR: Has not drilled (or reported) on a single hole to date. They have good properties but I feel it is a drill speculation stock - too pricey for me with no results. Also, they have warrants that will be coming free trading in the future at prices below $3.00.
SHF: Another good stock with many good properties. I like it. But, I have not followed it and thus cannot compare it to PAW. Loewen group has acquired many shares (same group that noticed Bre-X when it was trading below $2.00). Again, a drill speculation stock.
CKS, BNO, GXP, CXI, CLL, etc... are all stories. No results. Yes, they might have something but they are at least 6 months from having substantial results.
PVF: I like this company a lot and the story gets even better. PVF, like PAW, have a resource estimate from previous operators. PVF, like PAW, has a major mining company holding thier hands (i.e. Glamis). PVF will probably be the only other Indo. play that I will buy into in the near future. I have been told that Glamis wants to start drilling immediately with three rigs! WOW! Also, PVF property is VERY CLOSE to that of PAW and it appears that they have the same trending structure?!?!?!?
There you go. There are too many stocks to talk about. PAW is the only junior mining stock with a resource estimate due out in the near future. Recall Bre-x before/after their first resource estimate. This is when it gets really fun or when I will have to rethink my position.
Good day,
david |
