Ann: Over 1gt Au PGE in Soils at Phils Hill Prospect, page-101

Quite possible Pensive that is a good observation though folk seem more interested ATM discussing the merits of our PR department...

Its funny how conversations go off on tangents, it always reminds me or the early Aussie Comedy troop "Son Of A Naked Vicar" and their Cricket skit. Starts off with the commentators talking about the game and ends up with them talking about the seagulls...

Anyway you look at it they (PUR) have found target minerals where they were looking for target minerals.

This is hand auger so picture a small fence post digger...this is not a sophisticated advanced selective device.

And with this just bunging a few holes in the paddock they have come up with up to 1 G/T of combined Au/Pt/Pd....which is fantastic as Pd is worth a bomb more than gold (which is rising strongly itself).

Decent chrome hits too and other target minerals in soil.

For simple soil sampling to give greater assurance and to help pinpoint drilling these results are really encouraging. Parralles draw by management to CHNs early results are interesting and encouraging.

Whats at surface only gives an indication, (and of course good EM supporting evidence also help) most of this land seems to have fairly deep cover over and you only get a clear picture of total potential when you drill.

But we are seeing target minerals just where we wanted to see them and up to 1g/t just on soil sampling is pretty damn good.

This is at surface virtually, the leached, farmed soil that gets cropped nearly every year.

Other explorers will be having a good look at these results...earlier than all expected and better than many would have expected.

Many medium term traders seeing what a bargain the low 4s and 5s were would have been in then and out today for a 50-110 percent profit in a week ...not bad if you follow the fundamentals and charts and you could see how oversold we were.

All blame for any selling will go on NI (of which I am not a great fan) but they have very little to do with any profit taking today IMO.

Anyway lets forget about the seagulls, even forget about the SP at this very moment if you are here for the big picture potential why the hell would you become fixated on the hour to hour share price?

Its results that matter, its only ever results that matter, the share price will follow immediately or eventually...

This is very good news for Pursuit better than I dared hope for and is further supporting evidence that we have part of what the Goyder Geos are modeling, a rich widespread reoccurring PGE field.