PDY
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0.00% 0.7¢ padbury mining limited

read through the PDY and GPN (former code) posts to see why .......

  1. mitis
    6,737 Posts.
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    17/06/09
    15:45
    Post #: 5291323
    read through the PDY and GPN (former code) posts to see why .... takes some time, but best way i think ... in a nut shell, they are drilling Iron Ore prospects, and the market is getting wind of the potential quality of their ground - rock chip samples assays are very very good.... fingers crossed the drilling already underway confirms high grade, low impurity Fe ore, and then the SP should re-rate further to give a more reasonable (higher) market captialisation for PDY .... say around $60-90 million .... current MC = $35 million
    PDY Price at posting: 3.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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