re: Ann: New economic gold results confirm Da... Thanks eieio...

re: Ann: New economic gold results confirm Da... Thanks eieio for that link. Fantastic read for any PDI holders.

A few juicy quotes,

"The real story is that power auger drilling demonstrates the Dave and Dave East bedrock gold anomalies are continuously connected, totalling 3.6 kilometres long by 0.3 kilometres wide, and open to the east and west.

The Dave and Dave East Prospects are located on the Laterite Hill Grid in the Bonsiega Project, which is 16 kilometres long.

A strike length of in excess of 12 kilometres of plus 50ppb gold power auger anomalies has been defined by Predictive Discovery to date.

Over part of their length, these geochemical anomalies are coincident with artisanal gold workings located on small areas of outcrop surrounded by alluvial cover which is promising."

"Predictive's market capitalisation of $19 million less $6 million in cash provides an EV of just $13 million, which values Predictive's projects and results in Burkina at a negligible value.

It has exploration ground in an under-explored gold province in Burkina Faso, opportunities that are under very shallow cover over many untested zones of active artisanal workings. The combination of current RC results, the historic RC results and the bedrock anomalism indicates Predictive Discovery is sitting on a big (long, broad and open) gold mineralised system with high potential for a major gold discovery."

Marketcap is 14 million dollars, with 6 million in cash.