To summarise the rumours that have been mentioned on these threads:
1. PRW have made a very substantial recovery; 2. Some of the major investors (or invstors to be) have been on site to inspect; 3. ABC news crews were on site (drill hole is joint funded by NT Govt so presumably they want to look good); 4. Media release/press conference on Monday morning;
PRW were targeting Ni-Cu-PGE.
You know what they say, buy on rumour sell on fact.
IMO it seems dreadfully dishonest to pump it up so much. But then maybe its a tactic to get people to send in their forms for the rights issue??? False rumours being spread?
Nickel can be hard to identify based on visuals. If its copper, well thats easier to identify and a good geo can tell with good confidence likely grades.
PRW Price at posting:
3.3¢ Sentiment: None Disclosure: Not Held