Yeah I agree to a point mate. They have a lot of what I consider to be very prospective ground and have identified some excellent targets. To be honest though, as a junior explorer, they only have limited resources and funds to explore such a large area. The lithium project does justify a lot more attention and has the potential to be a very significant project. I would think that it would be a good move to enter in to a JV with an experienced lithium team to get this project moving and allow George and the team to focus on the gold and/or base metal targets. This would speed up exploration and potential for shareholder value in a faster timeframe. I wouldn't be surprised if PGD have the feelers out now or if they have already been approached by potential JV partners for their lithium ground which sits right next door to a major lithium resource.
PGD Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held
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