PKT pocketmail group limited

Dumpty,as far as I understand it, PKT have commenced more...

  1. 12 Posts.
    Dumpty,

    as far as I understand it, PKT have commenced more drilling whilst awaiting formal assay results from their initial exploration. They (PKT) seem a bit bewildered that the price went backwards following the last announcement as those results seem to indicate a lot of potential.

    To my way of thinking, the SP may not take off until the change of business operation is formalised and thereby comes to the attention of the broader market (ie those traders looking out for resource stocks). Bear in mind that PKT is still formally listed as an IT company, NOT a resource exploration company and therefore may not have come under the radar of those in the market for resource stocks.

    When the change does occur, it appears as though they will float at 20 cents and therefore I would consider trading may pick up a bit toward that time. I'm very comfortable to retain my shareholding as I think this stock is a winner over time.

    Time will tell I guess and these are my opinions only. DYOR.
 
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