Mostly because of broader market volatility with commodities hit...

Mostly because of broader market volatility with commodities hit across the board since Gold dropped, even CHN has fallen over $1 since its highs.

PUR are hovering between $55m-$70m market cap which is both big and small depending on many factors...we, (PUR) rise with the tide when the whole area is rising but also fall when the rest fall too and when broader markets are a little volatile.

End of financial year selling also plays a role and rotation of portfolios from one sector to another in the short term.

Compared to peers, PUR is on the cheaper side at current levels and the potential is definitely massive but we're also not worth $100m market cap right now; or 10c as some lofty posters hoped it would be by now based on hot air....it would reach that if say DEV, CHN, CVV etc. make further discoveries but until then and until PUR get some drilling going and results through, it will range around this $55m-$70m market cap.

That's the key, Market Cap; forget about the share price, look at the market cap and then what other peers are valued...share price means nothing...I have stocks at 13c share price but a market cap of $60m....double PUR but same market cap.

Yes it's all been great positive news which de-risks PUR substantially, which is why it's 6.6c and not the 1.7c I first bought in at late 2020, but it's not so substantial to make it company defining like CHN, but there's the potential for that once the drill bit gets in there and that's what we are all here for.

Cheers