Another spot on post from past, re management *** 24/06/13...

Another spot on post from past, re management


***
24/06/13
14:15:09
Post #:
11920546
↑
Current SP and charts for the last few months have been ugly, actually ugly is probably too polite of a word to use.

IMO realistically there isn't really any major deficiencies in the stock, announcements to-date have been positive with current drilling success, although the drilling program appears to be very slow, and the lack of communication on drilling dates has left a sour taste for us shareholders on the communication front.

PDI definitely has the right elements to become a major player someday, way to early to make any predictions now, but IMO its more about what the next few announcements will bring, the market is wanting to see broader and more significant intersections. Based on the ratification of the old drilling direction, and the success to-date of the new drilling direction, PDI is definitely heading in the right director.

Time will tell, but there is a definite conclusion from both sides of the coin, either we become filthy rich holidaying in Hawaii or we will be another number lining up at Dandenong Centrelink.
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PDI (ASX)
Price at posting: 2.0¢
Sentiment: LT Buy
Disclosure: Held