PSV perseverance corporation limited

current state of play;1. expect up coming quarter as much the...

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    current state of play;

    1. expect up coming quarter as much the same, with the exception of cost improvement.
    2. Dec quarter is where all the benefit will come from the development work currently in progress.
    3.Phoenix ore body as alluded in the last quarterly has got some wide high grade zones, let's hope they get to this sooner rather than later, as it would reactivate interest again.
    4.expect a resource increase for Fosterville by October.
    5.recent cap raising more than ample to cover PSV back to credibility mission.
    6.a couple weeks ago i heard a predator was lurking, but
    haven't heard anything since then, the recent rise in SP from 0.13 to 0.15 on volume gave me some heart in the rumour, but Friday SP retreat was a dismal let down.
    7.POG jumped, we have FED under pressure to cut interest rates due to subprime fall out. Cut in interest rates will send the US$ into free fall, POG will be heading towards US$800oz+ by years end.

 
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