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1.1¢ pioneer resources limited

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readyaimfire

3,328 Posts.

213

15/03/19

21:09

Post #: 37780791
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Originally posted by pezsaz ↑

It’s an exploration company.
which short project success with caesium (net $10+ million).
so money in the bank.
which will fund several years at a chance at a mother-lode [nod to Lockitt ]
Like any exploration co. its high risk and high reward.
Big potential in some of the assets.
But 1-3 year time horizon based on exploration details.
But a low market cap so demonstration of something sustainable will see upside potential.
And a managing director who is a passionate geologist.
But shithouse at communication and investor relations.
With HotCopper shareholders, who differ in their patience.
But are some of the smartest most experienced folk I have ever come across when it comes to mining, engineering, logistics, hands on experience, and local knowledge

its a buy and hold for me.

Cheers
pez

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As they dont seem to want to give us a costed program of works so it might keep salaries paid till retirement or fund a unicorn exploration program and be all gone by dec 2019.

PIO Price at posting: 1.5¢ Sentiment: None Disclosure: Held
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