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

PDI

Click for more information

0.00%

25.5¢ predictive discovery limited

Ann: DIAMOND DRILLING CONFIRMS GOLD AT DEPTH AT NE BANKAN, GUINEA, page-264

First 264 Last

Share
Profile

Follow
rogerdat

6,565 Posts.

455

04/08/20

17:42

Post #: 46298414
Share

Originally posted by Ooogerbooger ↑

A month or two ago PDI was the darling of the day traders. Now the traders have left and PDI is unloved. Thing is, the only potential downsides I see from here are external - the gold price, sovereign risk, a volcano opens under NE Bankan. Given the consistency of the intercepts, we can already be sure there is a lot of low-grade ore at NE Bankan, more than enough to justify the current share price.

So even though it is frustrating to see alternative gold investments doubling after I chose to load up on PDI, in my mind the only question is when the SP catches up, not if. Maybe it will take a high-grade intercept to start that process and maybe that intercept will be from DD drilling deeper than PDI have gone so far i.e. a hole they haven't even begun yet.

But this ore body is still open in every direction except maybe east, and there are strong indications that the ore gets better at depth. So I can be patient.

All IMHO

Expand

Only long positions make the multi baggers.
When you have thought you have waited enough,wait some more.

PDI Price at posting: 7.8¢ Sentiment: Buy Disclosure: Held
3 Upvote

3 Great analysis

Reply

Top Stories

OJC

SPC to merge with Original Juice Co and Nature One Dairy

COB

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 4 more messages in this thread...

First 264 Last

Add PDI (ASX) to my watchlist

(20min delay)
Last 25.5¢		Change 0.000(0.00%)		Mkt cap ! $599.4M

Open	High	Low	Value	Volume
25.5¢	26.0¢	25.5¢	$79.94K	311.7K

Buyers (Bids)

No.	Vol.	Price($)
2	63046	25.5¢

Sellers (Offers)

Price($)	Vol.	No.
26.0¢	123031	2

View Market Depth

No.	Vol.	Price($)
2	63046	0.255
9	271594	0.250
6	180851	0.245
12	388385	0.240
5	262579	0.235

Price($)	Vol.	No.
0.260	123031	2
0.265	63031	2
0.270	131038	4
0.275	584576	6
0.280	322964	5

Last trade - 16.10pm 02/10/2024 (20 minute delay)

PDI (ASX) Chart