"The Board has a mandate to search for compatible exploration projects and evaluate their possibilities for Joint Venture, “farm-in” or acquisition. In keeping with Padbury’s declared expansion plans the Board has entered into anumber of joint ventures with other publicly listed companies. These joint ventures within the Peak Hill Mineral Field, have broadened the mineralised potential and have added gold and uranium to the Padbury portfolio".
So how correct is this statement from the new website under the Company Profile heading?
Other than the fe j/v which expanded the previous PDY/AGU j/v, what other companies do PDY have j/vs with?
And while I'm at it, under the 'Peak Hill Iron Ore/Goldfields' heading, it uses the old info regarding the gold drilling program from 2007. The 5000m of drilling, assay results pending, 25km strike line etc is the old gold info. They only drilled 2620m recently in the fe program.
PDY Price at posting:
3.4¢ Sentiment: None Disclosure: Not Held
