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1.4¢ pure minerals limited

Major I would be surprised if anyone buying today loses here in...

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jasetigerfan

1,047 Posts.

27

06/02/18

23:43

Post #: 30872371
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Originally posted by MajorJohnny ↑

Considering this listed about 2 cents , seems over done considering the sp has never run
no where near as hard as many of the other miners . Not easy buying anything right now , like everyone still holding I am losing on paper but will not sell at 0.014 as I think It will improve just not sure when , difficult to know what will happen next with the sp of many companies .
Well funded with just over 2.8 million and expected outflows for next quarter around $ 621 000 , there are
results to be released in the coming weeks so could be anytime as well as further drilling to commence in early 2018 .
In conjunction with this drilling,Pure Minerals will drill RC holes within its adjacent E52/3523 tenement, which contains the prospective Five Fingers prospect.PM1 have plenty of incentive to get the sp trading at 3 cents .
News to create interest is needed .

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Major I would be surprised if anyone buying today loses here in the mid term.
Way oversold so I would expect it to get back to 1.8 no problem once market settles..
Just needs to find its new support.
If it gets to 1, it would have a negative EV resulting in a screaming buy.

PM1 Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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