mak rwd ..........pdm, page-6

Thanks Tobe,

I guess you need to be sure on the fundementals,

At the time Macrae12 & Co (along with far east for that matter) were very bullish on PDM having a mineable tungsten resource however commentry on this has dropped off and it looks like it will some months before any new drilling.

I don't know anything about copper grades to know whether so far they are possibly shaping into anything looking near commercial and on the U front its promising that they have a JV.

Moral of the story is i'm now sitting on 80% paper loss in a seemingly bear market - but hopefully a lesson learnt (luckily I won't be able to burn myself again as all of my fund as tied up!)

I'd be interested in any other opinions of what news will it take to get this leadweight off the bottom (assuming it is at the bottom!)