PRE pacrim energy limited

Realistically what can you expect from an explorer stock in the...

  1. bbq
    599 Posts.
    Realistically what can you expect from an explorer stock in the current environment. Many posts seem to believe that PRE is a done deal when it is clearly only a good prospect. There is no guarantee that the company can deliver on its good assay results to date. If it was that easy then Australia would have a lot more mines. I hold this one and hope it succeeds but recognise it is a speccy and should the market turn nasty then financing for further exploration let alone a mine will become a major problem. It's a bet and it is a long way from the finish line. For some punters there are better options.
    Good luck to all.
 
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