PUR 0.00% 0.3¢ pursuit minerals ltd

Mate don't confuse constructive criticism with down ramping, I...

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  1. 4,142 Posts.
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    Mate don't confuse constructive criticism with down ramping, I made some money off PUR in its first big run up from the base but after looking into the results further there is a lot to be concerned about here, I have since sold.

    Read the Ann, it advises %5 mass recovery..
    Another Junior Vanadiam has released corntrate assays over the last week that has over %40 mass recovery.

    Unless PUR can drastically increase mass recovery it's going to process 20 tons to get 1 ton of concertrate, compared to said peer processing about 2.5 tons to get 1 ton of concentrate. you can't tell me that won't effect economics??

    Anyway GLTAH, but new buyers be aware of the recoveries..
 
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