PUR 0.00% 0.3¢ pursuit minerals ltd

PUR's "Julimar Discovery" in Calingiri East?, page-619

  1. 6,604 Posts.
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    Agree, it won't or nearly can't get to 50c on hype.

    It almost has to be PUR drill results that would drive it up to this point and I suggest beyond.

    The caveat being very good drill results from DEV at Sovereign Hill will put a massive rocket under PUR it being so central to that target.

    But they would have to be Chalicesque to have such a strong flow on i.e. to propel PUR to 50c...well perhaps if DEV went to well over a dollar on those results....

    Other potential price drivers that are not our own drilling, well good J/Vs and even possible sale of a target (not mentioned by the company but I would suggest nothing is off the table or everything has its price may be a better adage)...

    But I think we will progress organically, each target we identify and each sign of mineralization pre drilling all helps as does any one elses discoveries in the region.

    Slow steady price gains are probably more maintainable and lead to less volatility down the track so Im very happy with the way we are progressing to be honest.
 
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