PTN 4.76% 6.6¢ patronus resources limited

Well, in the context this is very good, Empty.At the current...

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  1. 4,085 Posts.
    lightbulb Created with Sketch. 977
    Well, in the context this is very good, Empty.

    At the current gold price, the Company already has all the makings of a viable mine - including significant items of plant! - albeit needing to convince money to stump up starter capital to get it going.

    Monday's announcement of high grade gold at Comedy King made that job a lot easier. As Wise One noted: "...these new high grade, shallow zones will improve the economics of the PFS by orders of magnitude and it is a complete game changer for the company".

    But on top of all that, here is potentially a whole lot more good, honest feedstock for that plant, not previously included in any of the calcs. It is broad and shallow, and contains "occasional high grade intersections".

    Yep, it's good.


    Last edited by Nowhere Man: 07/02/20
 
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