Out of interest, for those complaining about lack of news flow, what else do you reasonably expect from them news wise? Keeping in mind this is a microcap that needs to spend its cash efficiently and effectively, or they will be going cap in hand to the capital markets every quarter.
It is irritating that drilling results are taking so long, but this is a function of worker shortages in WA rather than anything the company is doing.
Also gold miners, and in particular junior gold explorers/producers are very much out of favour. If you look at the GDXJ index it peaked right as PSL was coming out of suspension and has been on a downward trajectory ever since.
This should be viewed as a purely speculative holding, and be a very small part of a balanced portfolio if you are going to own it. Any more than that and you might as well go to the casino.
Out of interest, for those complaining about lack of news flow,...
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