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16/06/25
15:41
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Originally posted by Rozting:
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Yeah fair points and take a vendor's comments with a grain of salt but in the interview released on the acquisition day he does go into the team that is coming over with some of the geos previously working at PPTA. He even refers to it as an 'exactology' play not nearology based on those geo's comments. There is a gold resource there and it has been mined previously so the exploration risk is somewhat downgraded, hence the bluesky re rate happening. If it does in fact share the same source geology at PPTA it will be a bargain even at $1b market cap. Long way to go however, but not so long under Trump's policies (as much as I despise him), it's good for mining.
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i did say 5 cents maybe today