Author argues Pacific Empire Minerals is undervalued relative to Hercules Metals after a higher-grade copper intercept, with remaining assays pending.
PEMC.V — LONG The author argues PEMC's 183 meters of 1.23% CuEq is superior to Hercules Metals' 184 meters of 0.84% CuEq, which caused Hercules shares to run from $0.20 to $1.60 at a $400M market cap, while PEMC trades at $0.18 with only a $35M market cap and has unreleased assays pending in the next few days.
when Hercules (BIG-V) announced their discovery hole in Idaho of 184 meters of 0.84% Cu the shares ran from $.20 to $1.60 giving the company a market cap of about $400 million. With the close of PEMC on Friday at $.18 the company had a market cap of about $35 million. And you will like this, PEMC didn’t release the entire hole, just what they had assays for. The remaining portion of the hole should be released in the next few days!