You are on the right track, it will be massive. The next door neighbour is Sinosteel (Major Chinese Company) and they drilled recently with some very good results in the same formation as PDY's Telecom Hill. See MZM announcement.
It's a no brainer, when they start to drill and get some good results, that is when you shall see the major movement upwards.
The company have magatite and hematite DSO. Drilled four holes with DSO over about 100-150 metre line and they have about 13 km's to go along the strike line.
I like it........
PDY Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held