PUR
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25.0% 0.3¢ pursuit minerals ltd

With only 65m shares on issue - @jeans_sammy's prediction of...

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  1. Wise_One
    17,602 Posts.
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    05/10/17
    09:53
    Post #: 27673488
    With only 65m shares on issue - @jeans_sammy's prediction of 40-60m mkt cap is between 61c-92c ...

    So... 2.8 bags to 4.2 bags

    Hot stock
    Hot sector (Zinc)
    Hot neighbour (NCZ - ran from 20c to currently $1.20)
    IPO overhang gone
    Management super excited about hole-4 (so much so they sent the samples for assaying before the hole was completed)
    Director buying at 24c ...

    How many more ducks would one want lined up ?

    I guess I may as well throw in that they also have $6m cash from the IPO...

    Last edited by Wise_One: 05/10/17
    PUR Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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