PSL 0.00% 1.7¢ paterson resources ltd

EYM, page-31

  1. 13,097 Posts.
    lightbulb Created with Sketch. 236
    Yes, mate.
    See DLE, AHQ, ICG, ORR, MDI, WCP - the list goes on - as examples of mining shells that have acquired attractive new projects and made impressive gains. They won't all 15-bag like ORR but with a current EV of $1.5M, I'd be very surprised if we don't see 2-3c at some point. 3c would mean an EV of $10M. That would be an entry level mc for a half decent gold, cobalt, mineral, project. EYM currently has .008 of cash backing, so you're getting in on the ground floor. No guarantees but good RR imo.
 
watchlist Created with Sketch. Add PSL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.