Sometimes companies with large asset backings take a while to respond. Minotaur (MEP) another example of this.
I remember a couple years ago making an absolute killing on Jindalee Resources (JRL) which had spunoff Energy Metals...EME subsequently soared, but JRL didnt really respond (so i bought in).
Then the market cottoned on to JRL (which kept a large stake in EME)...and the rest is history.
I expect PTS will do the same eventually. Though PTS has the added upside potential of its JV businesses...JRL only really had a few exploration properties to its name.
Cdchi1
PTS Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held