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Day Trading May 12 - Morning, page-267

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futurenow

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12/05/16

12:07

Post #: 17746390
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Originally posted by Green Bull ↑

PSC:

Is this for real???

Exploration Target of 15-18Mt at 3-5% Li2O

That's better than any Company out there that I am aware of.

PLS (The King of Lithium) has a bigger resource but at a lower grade BUT PSC is still to define/translate the resource into the current JORC code which means it'll probably upgrade the resource amount while it's at it?

PLS close to a $1B valuation (and deservedly) and PSC at $15m - surely PSC has a lot of catching up to do to all Lithium stocks.

Most Lithium stocks with bugger all are as high as PSC or some at multiples higher?

Massive re-rate coming UNLESS they do an XTV on us and say that was all BS?

Tick, tock?

Cheers,

GB.

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Difference being PLS has a resource in Australia.
PSC is in Zimbabwe.

So many different dynamics at play in order to get mining....
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