A very interesting company with a very different business model, basically acquiring tenure then JVing out to partners who then spend most of the money evaluating the areas. PTS itnerest obviously gets diluted, but any good hits could send the price thru the roof. The current drilling by Red MEtal for example would put a rocket under the SP if it had a decent mineralised hole.
The Western Plains IPO also looks interesting, to which PTS holders get prioirity allocation (ex date gone). Will take up my priority allocation, and possibly acquire a few more if it weakens post listing.
Cdchi1
PTS Price at posting:
0.0¢ Sentiment: None Disclosure: Held