also worth a mention is:Extensive drilling of the safron and...

also worth a mention is:

Extensive drilling of the safron and bridget targets is about to commence, prospective for uranium which has already had some drilling done by j/V partner marmota energy which has showed strong uranium values.

TMZ will start drilling some of its key projects once the floods abate.

Silver city minerals continue to produce encouraging results at broken hill

Eastern iron have aquired 100% of the Eulogie magnetite iron prospect located 200 km north of the Hawkwood project. Eulogie has similar general geology and iron product potential to Hawkwood and will be evaluated for its early start-up potential.

WPG Resources Ltd completed a $A85 million placement and rights issue to provide additional funding for its activities including the planned construction of its DSO operation at Peculiar Knob,due to commence production later this year.

If one or more of these companies is successful in their endeavours i think its pretty clear that PTS should do very well considering their large holdings in each company. over 8mil in cash and 175 mil shares on issue is also a good position to be in.

Good luck to all holders :)