relentless buying ...... and selling, page-29

The current price is just a reflection of the assay delay - the selling has no negative inside info, just boredom or nerves .
IO is hot for the long term guys and companies with high equity/100% equity are prime, but you must look at this as a long term venture. If these assays are high grade the buying won't let up under 6 cents, imo .
The WA gov is positive that the railway will be built and I see no reason to disbelieve that .
The expectation is that we are going to get some top drill results and when that happens PDY's destiny changes forever and that will be the time to hold securely the qty of stock you can afford for years without temptation of selling . You will look back and be grateful you didn't sell for a few decimal places loss or gain .

The manager of PDY that I spoke to a few weeks ago said to me that if the assays come up like the rock chip samples then there is no reason why PDY can't do what FMG have done over multi years of development . That is what the current bulk buying is about - accumulating in a company that has the potential to be the next generation of Iron Ore producer . There is risk with everything but do not ignore the land grab around PDY's tenements . PDY is in the land of the next IO production generation .
If FMS can justify a market cap over $100 million wth a few drill results, so can PDY .