PDI 5.26% 27.0¢ predictive discovery limited

Ann: HIGH GRADE DRILL RESULTS EXTEND BANKAN CK DISCOVERY TO NORTH, page-41

  1. 11,970 Posts.
    lightbulb Created with Sketch. 4950
    PDI share price didn't do much yesterday, but a few of us increased holdings at these levels which is nice.
    Could be a blessing in disguise, day traders not getting sucked in to this and seeing rocket ships only to dump and kill share price in the weeks following. The accumulators and new holders interested by the fundamentals and great figures in the announcement are are going to move the SP up gradually in my opinion. As i said before hopefully with our continued news flow with more drill results in the weeks ahead and then the mineral resource estimate mid year will create a solid base above 12c.
    However I do wonder who the constant sellers are capping the price... Impatient retail holders or one of the top 20 decreasing holdings? Either way, maybe its one announcement away, maybe its 2, but eventually it will dry up and create less resistance moving forward and then we could potentially see some big gains.
 
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