Looks good (not VERY good, but quite good) on the offered numbers, though don’t forget to skip over the headlines they prefer and remember that the mine will indeed have to pay tax on earnings. All this of course assuming that you believe the gold’s there, in the size and grade the company insists upon, as we know that at least one reputable third party that has had an intimate, up-close and careful look at it doesn’t believe them.
Anyway, here’s the NR. And expect the stock to drop because no CEO of any major in their right mind would risk their job buying this at the moment, $0/oz gold pop or not.
Disclosure: No position PVG, not planning on one either.