The results are promising. The fact that there were some rock chip samples that are high grade means there is 'Potential' for a high grade deposit.
Real drilling is needed before we can get excited.
Rock chip sampling consists of walking around and going "Wow that bit of rock looks like it has a high content of FE, I am going to sample it" (For those that arent familiar; you can tell the difference just by looking at it, the real good stuff is blue/grey. You can even see bits in the picture on the announcement)
They should know where they want to drill now, and are a step closer.
I will continue to hold and look to accumulate more when the price is right
Good luck all
PDY Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held
