Australia's largest stock trading and investment forum Australia's #1 stock forum

PSL

Click for more information

8.33%

1.1¢ paterson resources ltd

Ann: Western Australian Exploration Update, page-42

First 42 Last

Share
Profile

Follow
dean5star

415 Posts.

140

10/08/22

16:58

Post #: 63037911
Share

Originally posted by Hey2: ↑

Hi Barra
Good to hear from you and see your still hangin in.
Charting, I love it, but i go by good old fashioned gut feeling.
Yes, after a step spike, I expect the SP to pull back to about 0.035-36 but only for a short time and then depending on the substance of the next announcement, kick on to between 0.06 - 0.09, but as I stated before, I wont be selling until the SP hits 0.15.
Why:
1. Once the SP hits 0.06 most of the existing SH will sell and thats when the SP will esculate
2.We need to remember Paterson Res has other projects in the pipeline
3.Director pitched in from their pockets for credit rasing at 0.052.

Anyway, thats my 2c worth.
GLTA and remember, its not what you make, it what you dont loose.

Expand

@Hey2 You are right.
The Directors and their mates chipped in but at .054 not .052 in November last year and I agree with you that they are wanting to see some upside on their investment.
Hopefully we might have a run on our SP when the drills start turning at Grace.
Hit something and then it's off to the races.
GLTA

PSL Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
7 Upvote

1 Great analysis

Reply

Top Stories

AL8

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

FEX

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

SXG

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

CC9

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

There are more pages in this discussion • 16 more messages in this thread...

First 42 Last

Add PSL (ASX) to my watchlist

(20min delay)
Last 1.1¢		Change -0.001(8.33%)		Mkt cap ! $5.016M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$8.767K	796.9K

Buyers (Bids)

No.	Vol.	Price($)
2	206507	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	76309	2

View Market Depth

No.	Vol.	Price($)
2	206507	0.011
5	660900	0.010
3	799888	0.009
2	745000	0.008
1	200000	0.007

Price($)	Vol.	No.
0.012	76309	2
0.013	207189	2
0.014	90283	2
0.015	520512	3
0.016	435334	2

Last trade - 15.45pm 19/06/2024 (20 minute delay)

PSL (ASX) Chart

SPONSORED BY