GRX 0.00% 89.0¢ greenx metals limited

Prairie Downs Metals May 08 company options (PDZO) is the buy of...

  1. 152 Posts.
    Prairie Downs Metals May 08 company options (PDZO) is the buy of the week in The Speculator today, in The Bulletin magazine.

    The magazine is not on the website yet so I can't give a link till it goes up.

    The Speculator gives a big and very positive rundown on zinc and metals producers in general, before zeroing in on PDZO as being the best thing available to buy right now to obtain leverage into this market.

    PDZO (he says) has an indicated & inferred resource of 1m+ tonnes 8.3% zinc, 1.7% lead & 22 g/t silver "in four lodes that are open at depth and along strike, indicating potential for a significant increase in the size of the relatively rich resource".

    There are "expectations that a resource of 10 million tones or more will be established".

    Sempra Metals in the US showed confidence in the stock by buying in at a premium last year, and now hold 7.4%.

    Speculator says that now that tax loss selling has finished, we should see some movement in these options.
 
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