PUR 20.0% 0.2¢ pursuit minerals ltd

Ann: Exceptional Vanadium Grades Confirmed at Koitelainen Vosa, page-195

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  1. 14,796 Posts.
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    agree with that, my hold remains ,for both clarity over the mass concentrates for Koit/ economics
    and that Airijoki, those 200m intersections can't be ignored.

    Perhpas Koit is not economic , perhaps Airijoki is. I dont know.

    But what i do know, is that we have had a preview of Airijoki and it looks sizeable.

    At 7m mc, its not like over priced, bearing the potential and jurisdiction. Only one of their assets need to be a winner , given the jurisdiction.

    TNO, agree, i like the deposit side a lot, if i could get my logic past it being in South Africa, losing 26% to the Black empowerment, and just not sure that the governance will be rock solid. ie, change of legislation or black nationalists in the years ahead, which make getting finance a trickier play. Good though that TNO are trying for this DSO idea, lower finance that might make hay quickly enough before it rains.

    On the fence with TNO, i might, might, maybe if i could get my head, hands out of the toaster of south africa. There are other south african stocks that i have seen disastrous, NKP, and others that should be worth a lot more, but the market is just not paying it.

    Which is why i put jurisdiction at the top of a projects viability above grade.
 
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