PSL 0.00% 1.3¢ paterson resources ltd

PSL 2021 price prediction, page-4

  1. 1,321 Posts.
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    Good positive post to start 2021 mate. Previous drilling done in 2004 indicates the grades are high and the potential of significant resource upgrade is there. Newcrest Telfer 25kms away from Grace and have indicated they will be running out of resource to feed their plant in 2-3 years, already expressed a partnership interest in Grace. The key to SP multiplying will be 3-fold:

    1. Results - drilling, grades, size, timeliness and progressing both Gold and Copper exploration concurrently.
    2. Gold price - staying above $1900 and forming clear uptrend
    3. Management team - news flow, marketing, ability to generate investment/deals/partnerships.

    Point #3 is an obvious area of improvement. Management need to do more here and actively focus on attracting investors, interviews, publishing articles to generate interest and excitement.

    GLTAH
 
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