This Monday I bought my first position in PLL. (300k shares @...

This Monday I bought my first position in PLL. (300k shares @ 0,11)

Upcoming triggers:

1. Resource upgrade: According to our CEO he expects to increase the LOM from 13 to over 20 years. That means at least a 50% increase to 25MT reserve (Core property only?). The latest drilling results on the central part of the property sound promising too.

2. Permitting: Is on the way and I hope without trouble.....(In SYA I went in before permitting and it turned out there was trouble.)

3. Metallurgy: Lets see what comes out of the testwork. At least some known and good names were hired (Primero, SGS) My confidence is based on the mining history of this region. Past extraction must have had to deal with similar metallurgy and sorted it out.

4. Financing: If above mentioned 1,2 and 3 get good results then financing should be relatively save. I expect sentiment for the sector to turn positive later this year.

Discl: Long in PLS, AJM, SYA and now also in PLL