PSP 0.00% 0.1¢ prosperity resources limited

Tokyo I bailed because PSP has been very reluctent to admit the...

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    Tokyo I bailed because PSP has been very reluctent to admit the WA gold prospects were not adding up to a viable resource. They are over a year late in providing the results of an economic analysis of their main deposit (pit optimisation study). There can only be one reason. That delay was followed by hype about a prospective nickel prospect and exploration program, only for them to admit quietly the whole area was in a conservation area where obtaining exploration permits, much less mining permits, were almost impossible. The last desperate gasp of a failed prospect is to hype up a new one...a tried and proven strategy. Who knows, this time they may really be onto something but it is a big jump in expertise for a microcap. If they have a find it will certainly be extreme blue sky! Good luck to holders, it certainly seems on the up at present but mostly based on the latest ann which is really marginal....they found a few good rocks on the surface in an area known for such things. The real puddin will be in the overdue drilling results. Methinks they must be in need of raising funds and this little trick ann is designed to attract interest enough to pull it off with least dilution.
 
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