Spoke to Mr Foster for 25 mins today. I got the feeling he gets a few calls about results/info etc and is fully aware of the all the speculation that flys around on forums and everywhere else for that matter(nature of the beast). Its very hard to please everyone even when news is released.
If anyone thinks he's just there to get a cheque and doesnt care about the company/shareholders your definately mistaken.
I asked several questions and he was quick and honest with his replies. He definately has a lot of knowledge and knows whats going on in the area thats for sure.
I think PRE are doing very well with the limited resources they have. 20,000 odd mtrs drilled last year was quite amazing considering.
We all know that things are slow around the Xmas/New Year period as i've said before, hence the reason why the more intricate and time consuming upgrade compiling has not been released.
Some things to look forward to are - R/Upgrade of GTS/N , commencement of drilling next month at Kelly , drilling/results from Navigator whose tenements share the same boundary West of our 727 prospects and South of GTS(dont forget Mertondale 5 is approx 1 km South of GTS too)and Newcrest to commence drilling the promising prospects at Manus. We've all speculated on here, but maybe its time to cut it back a bit and discuss the facts and real figures.
I like the prospects of PRE and my call today confirms for me why i do.
Cheers and lets just see what PRE/ARGONAUT can come up with if you still want to hold on to your shares. DYOR
PRE Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
