PUR 0.00% 0.3¢ pursuit minerals ltd

Ann: Further Exceptional Vanadium Grades at Koitelainen Vosa, page-45

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  1. 656 Posts.
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    I am happy with 1 or 2 pips increase in sp per day.  Let traders who got stuck over the last few weeks get out.  Once it reaches above 6.8cents (recent high 3 weeks ago) and everyone is in the money with their purchases over the last 3 weeks, then it will cruise to 10cents easily and from there the true appreciation in sp will begin its journey to such a price to put its MC in the range of $25-$30mil to be sensibly relative to its peers (think of TNO, AVL,...)

    MC will get to $30mil sooner or later.  There is no reason MC cannot be double that of TNO (current MC = $22mil) when we look at what PUR has discovered recently with 2 projects in FINLAND and SWEDEN.

    The announcement of the drilling results at AIRIJOKI last week alone could have sent MC to above $20mil but unfortunately there were traders who were stuck at 5.8-6.8cents range.  But once we clear this range then it will be easy and fast upwards trajectory movement for sp and its MC.
 
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