eastern iron and pts preso : broker summary, page-9

Hi Owngoal

Well if WPG recovers to where it was early Dec 07 PTS should move ahead on that alone.


And who knows what EFE will do...with 21 million shares in it (+ options) PTS has plenty upside exposure to it. I Still remember what JRL did after its spinoff EME went nuts...ahh those were the days!

But yeah some exploration success on any its TWENTY ONE joint ventures (all funded by other parties) would be great! I note in update today, they reckon $4.5 million being spent on exploration for this year...all other companies money. They just need some luck with the drill bit.

Cdchi1