Thanks mate. I'd like to see the heads a little higher before a...

Thanks mate. I'd like to see the heads a little higher before a run on the oppies. Could well be a good buy once some news is out. Yes drilling should be soon. Lets not forget that PRE dont have tens of millions to splash around so sensible and good planning has been put in place.
What I would like to see is a raising of some sort, say 690,000,000 shares at .6/.7c to raise $4-$5million and then consolidate at 1 for 10. That would give us 250 million shares.
Before anyone jumps up and down, I know we would all have less shares but essentially it would be worth the same in our portfolio. We cant expect PRE to pull money from nowhere. We may see dilution a few more times, but if it gives us the funds to discover more and mine then i'm happy for it to happen. It doesnt matter how many times they raise, if we mine the share price will grow.
Consolidation wont hurt us at all IMO. If PRE produce, all these share issues will be irrelevent.
I'm sure the majority of current miners have had dilution many times. It has to happen

My ops


Scorp