PUR 25.0% 0.3¢ pursuit minerals ltd

Ann: Warrior Project Update Heritage Clearance Received, page-52

  1. 6,604 Posts.
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    Freddies all over it, a consolidation in any company say a 10 for 1 just means you will have tenth of the shares worth ten times as much so the money in your pocket is the same.

    On another point around expectations, no company went to 1B MC on first drill cores with PGEs not even Chalice.

    Lets be realistic, it takes time and successive drills showing target minerals over a period of time and area.

    But who would not be happy with a MC of 250m or about 4 times the current share price? That would be my short/medium target with good repeated drilling success confirmed. It would move higher later if as Chalice has done you can demonstrate a growing resource with continuing good drill results.

    I am confident, not certain but confident. Rome was not built in a day, lets get the drill in the ground and hope for some good hits early in the campaign. At this point in time the signs in soil are strong, the location is great and there are no hold ups, so its all looking very positive and well organized.
    Last edited by tretchikoff: 11/06/21
 
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