PSL 11.8% 1.9¢ paterson resources ltd

OK, so post consolidation a nice 35% move up this week starting...

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    OK, so post consolidation a nice 35% move up this week starting at 3.7cents at 11 Jan and reaching 5c so far today, with some increase in volume about ~$100k per day. This setup, whilst not huge in volume, implies there are some people buying up on anticipation of what's coming soon! Drilling plan for Grace should be finalised and preparing for mobilisation of drilling is my guess. Seen some much hyped companies recently release assay results and they've produced dusters! The historical grades here at Paterson imply that this is going to get exciting. And if the theory that drilling actually missed the larger deposits is true watch it fly.

    Market Cap ~14 million.... lots of room to move.

    https://hotcopper.com.au/data/attachments/2810/2810918-c0c44bc393ac2d8bfadbf2b82ec2fb27.jpg
 
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