PSL 5.00% 2.1¢ paterson resources ltd

Really are you guys for real ?? This announcement is indicated...

  1. 658 Posts.
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    Really are you guys for real ?? This announcement is indicated as exploration in the latter half of the year, ( price sensitive cause they intend to use what is in the kitty) People may start looking at this come September ...maybe even later, once testing starts , and some of the first results start to come in.
    The instos/big fish, will probably still push this price down around then, so as to gather some skin in this play. Really,... no seat belts or train-stations and please no frigging toot-toot its so yesterday.
    This is a LT and a MT at best , you may see some return Feb 2019 once results of drilling is released to market,  I can't see it performing in the market before then,  unless its a classic insto P&D off of an announcement. Just my opinion,... not a recommendation , so don't strap in, rather go out and frolic in the waves, take a vacation, do anything else than wait for this to show some return  short term, 'cause I'm of the opinion that you will be wasting your time. This is all IMO and your own research is paramount before making any kind of investment decision. But... at least we have some communication   on what they intend to do ....its a start.   Set your clock,  and forget about it 'till December is my thoughts , not a recommendation but an observation as to the speed of this stock. Its still landing hasn't taken off   
    http://static3.*.com/image/547378e869bedd312b36685a/landing.gif
    Last edited by Gammie: 17/05/18
 
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