Kind words Dogson, but please dont allow me to influence your...

Kind words Dogson, but please dont allow me to influence your decision making. I might be lying :-)

I'd recommend pre fans grab a beer and read the following -

http://www.navigatorresources.com.au/Projects/Leonora-(Au)

http://www.navigatorresources.com.au/files/files/802_NAV_December_2010_Activities_5B.pdf

http://www.navigatorresources.com.au/files/files/586_NAV_Investor_Fact_Sheet.pdf

I did and concluded that Navigator WILL want to take pre.
With the spin off of their REE's they WILL have the means and they WILL wand to beat any others.

NAV looking(very close) to build a Leonora mill, AND "seeking ways to further improve project robustness"
PRE's resources are going to be as a logigical extention to their own 700k oz resource. If IGV remains 10% of POG Pre is already a bagain, prior to any upgrade.

I'm hoping (thinking) market will rerate pre on any significant upgrade, say 350K oz, and the share price will be circa 3 cents.


From doing my DYOR over this weekend I've turned very positive on PRE. Big Risk, but...

Others should have a read of the links and tell me what you think.

Then SBM also alluded to wanting to expand in this area.

Oscar