PSL 0.00% 1.3¢ paterson resources ltd

4 cents TARGET, page-50

  1. 26,863 Posts.
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    I don't see why it won,t turn around in time, some A Grade neighbours and gold looks like it's getting stronger.
    Rising tide type play with gold on the up, someone asked on Friday when are they drilling? Someone mentioned drilling in a couple of weeks, start of April, can someone point to the timing, I can't find it.

    Anyway, pile driver lows here so it's bound to get a nearology play, and then see how close we are to a build up to drilling.

    No doubt it's an exciting area, located in the Pilbara in Aus which gives it a big tick over most of the sovereign risk plays. The main down side was the selling at 2.2c or whatever it was by the exploration manager, but he would have known about the CR which took the price down.

    Anyway, see how we go.
 
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