The market for microcaps isn't moving for anyone at the moment unless there are some cold hard facts on the table. With PTS there are plenty of U prospects within the 3 projects they are involved with...but as neither Newmont nor Red Metal have drilled yet there can be no results from two of the three. The other project involves PTS themselves picking up radioactive rocks on a ground survey. In this case (in their recent announcement) they only picked up radioactive rocks on the surface...ignoring (presumably) the vasy majority of remaining rocks. They reported 3% U in the rocks they did have but if you dilute that across all rocks the average is probably way way less...I hold and think PTS has heaps of long-term potential...but it is not time to get excited yet!!
PTS Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held