PSC 4.17% 10.0¢ prospect resources limited

Future stock 3c +, page-6

  1. 3,740 Posts.
    This announcement is very Bullish for the stock, Reasons
    1. In the wording, seems the company is very confident of getting into production.
    I think the back checks on previous mining, and ore types, have enabled them to write this so freely, iam sure a lot has been going on behind closed doors, and telephone calls.
    I also believe there is more than enough previous drilling for them to CAL. a good estimate.
    2. The ability to be able to state that stock will be issued at a higher price, at a not to distant future (and appears open ended), to me speaks of talks with investors about the known, and future developments.

    Iam expecting a news flow !! OIMO.
    Update on the gold , with some exciting results would be welcomed.
    Exciting days ahead, me thinks.
 
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1 759 9.6¢
 

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