Well we know that there are some further drilling results due in the near future which is good. However the real thing I'm hanging in there with PIO for is the initial JORC which if you look at their timeline in presentation and quarterly is being calculated this month!
So sometime in early-mid may I would expect their initial JORC & just maybe their timing for a change will be right. With a record gold price it might spark enough interest to actually give PIO some sort of re-rating. I'm not even expecting lots but it would be nice to see a new bottom set.
Each time PIO goes through this cycle of a climb from around 3-4 cents to 5-6 cents I wonder if this is the time that it will hold up there & then kick myself for not just making the trade lol.
Don't suppose anyones been in contact with the company to check if resource calculation is on track? If not I might shoot them an email or give them a call and check next week. It has atleast been nice to see PIO moving up with the gold price lately to kill some of the boredom.
PIO Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held