This sort of “triple dip” opportunity happens in the investment world from time to time. All one needs to do is ask a few simple questions and then proceed to answer them. That is called inquiry into the way things are. Awareness.
So, lets do just that:
- Does Pan Global have the right people? The world class CEO and the Board of Directors is the best in the resource business, by every measure.
- Are the projects world class? The Iberian Pyrite Belt is one of the most mineralized locations on the planet and his home to the giants, not the juniors. The projects and the people are world class.
- Is the price per share low? If you bought every share of Pan Global at 60 cents you would pay about $100 million for the entire company today. This would mean you would have a deposit in the Iberian Pyrite Belt that already has drilled off much more value than that, and get the almost $20 million they have in cash, and the immense land package that has other discovery zones that have not been drilled in years. The price is incredibly low. Period.
- Is now a good time to be in the resource sector? The resource sector is cheap by every measure. Avoid bonds at all costs and buy as much quality resources stocks as you can.
- Is now a good time to buy copper stocks? Please read and listen to this:
Pierre Lassonde: A “renaissance” is coming for this asset, demand will triple
Ok, rewind the movie clip and play it as many times as you want. This movie is set up perfectly for the enterprising investor. Cheap stock (PGZ), cheap commodity (copper) in a cheap sector (resources). The triple dip.
When you buy Pan Global you are going to get rewarded in multiple ways and the downside is ridiculously low. The trade is so much in your favor even a child could figure this out. And should it not be that simple?
Pan Global Resources Presentation
IWA is a shareholder of Pan Global Resources
Statements which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. It is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental, and technological factors that may affect the Company’s operations, markets, products, and Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission. Readers should refer to the risk disclosures outlined in the Company’s Management
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