How would one call out PCL for hanging on to information (a prospects and leads inventory) material to the value of the company that would also be in the hands of a 3rd party(WDS) Surely the shareholders & the marketplace deserve to be informed of the results of the work that has been carried out on their behalf? The BS about testing the AVO models shows that something is a bit suss here. Testing a model does not have to be run on every prospect to get an understanding of the strengths and limitations. Exploration is a risky business, but you do not need to run every perturbation, combination and off the planet scenario on every prospect to be able to appreciate and factor a range of outcomes. I spent some time over the festive season enjoying a few glasses of bubbly with some seasoned explorers and they all expressed these same concerns. Either WDS are playing some weird game courtesy of some weasel words in the agreement with PCL or PCL are sleeping around looking for a better deal.
PCL Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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