A CREDIT crunch is under way around the world for anything that smells of property, but it seems the wallets are still open for resources plays.
Prosperity Resources has completed a $3.8 million placement to one British and two US institutions. The money is being used to pay for a tenement package in the Tennant Creek goldfield, where the company will be looking for copper-gold.
High today 13c. Currently 12.5c.
PSP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held