Ann: Final Assays Extend Silver Mineralising System at Phils Hill, page-112

"Unfortunately PUR was oversold, you look at Mandrake Resources, nothing is going on over there and MAN is 5-6 cents"

Yeah but the issue with this logic is that MAN market cap is actually less than PUR. I would argue that both are now fair value and not oversold. One mining company I invest in has a mineral resource, completed a very appealing scoping study + PFS, and DFS is underway. They have a market cap of just 35 mil. MAN and PUR have no economically viable resource yet and thus I consider the 25m market cap fair value.

I was holding PUR before Phils Hill results. I exited for a small loss when the first drill hole missed. They still have plenty of exploration ahead, so good luck to those still holding. There is still lots of potential