PRA 0.00% 0.0¢ promesa limited

Looks pretty good. My concern was capital raise just realised...

  1. 12,115 Posts.
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    Looks pretty good. My concern was capital raise just realised that they have raised 1.1million average price 0.022c which means sufficient capital for few more holes. Still early days though, I may get few closer to capital raise price for a short term punt.

    Have a look at ICG as they have recently announced porphyry results and have attracted majors attention... If PRA finds anything substantial sky is the limit. By saying that, I yet have to find an asx listed company which has gone up after finding porphyry... It's simply is a long term game and requires a lot of capital to prove the reserves.... And patience is not something which is easily found in this town of market which is penny stocks...

    remind me of GOA now CGN, broke many times finding porphyry and has changed their name twice in last three years after two consolidations...

    I hope that PRA comes good as it looks attractive.

    cheers
 
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Currently unlisted public company.

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