Sprott - If they are investing here then a multi-bagger from...

Sprott - If they are investing here then a multi-bagger from these levels is pretty likely IMO, people can cry fowl over the CR price but that's business, they are now fully funded to prove up a huge resource, Sprott don't invest in penny hopefuls they invest in early stage companies that will return multiples of their investment, end of story.

Technically : There is one giant bull flag that has been formed since the top at 12, Given the CR price is at 5.6 it may retest this or even drop under it slightly and briefly as SVL did when sprott put $10m into them at 10 cents... more on that below, PDI is now trading in a downtrend channel it needs to break the pink trendline to begin running, currently this trendline sits at 63 so i wouldnt expect it to close higher than that today, but when it does break, and backtest and a confirmation is given... this will run very hard, initial target is 18 cents - calculated from the low to difference plus break point. Note the decline in volume as price has declined - very bullish signal, as can be seen from the previous bull flag and subsequent break below.

PDI:



SVL: This is for comparisons sake, (just going off memory actual dates may vary) First vert blue line, this is where sprott put $10m in at 10 cents, it spiked shortly after then over the course of a month dropped back and fell below CR price for 5 days, there was all sorts of panic on there forum at the time, Questioning CR price, dilution, manipulation etc, same sort of talk you will see here over the next few weeks, yet you can clearly see two months later the price was up nearly %200 on CR price, im expecting a similar sort of story here, time frame will be a little different no doubt but moral of the story will be the same, If Sprott is backing a company, best to sit and wait for the re-rate.