The market was hoping for thick spodumene and it just didn't happen in this first round of results. I didn't agree with the trading halt (perhaps directors being overly cautious) and the market sold off accordingly. Some interesting hits, but no spod. They still have like 80% of the lab results to come back which is good, but early indications is saying stick to their Canada spod projects, Acra for gold and their nickel. Drilling to start very shortly in Canada which is good - confirmed thick spod pegmatites to poke. B
NST Enters Joint Venture for Acra Gold Project http://hotcopper.com.au/documentdow...KAxjvFDZpiwzazhW8guhp9tBNT7rIHoAcVxBuOlHhlFA=
Gobble... Gobble... Your not the only one! If mavis lake doesn't produce good, no, great results I think its going to be painful. Being a half glass type of bloke I'm hanging on to find out what happens. If it all works out in Canada and Newcrest make acra happen = Happy days!!! Disclaimer... I don't know much about much
As long as my entire portfolio is up then I can feel better about this loser and look the other way. I might get my money back eventually...
Some interesting posts on HC by John Downs, a cesium expert: http://hotcopper.com.au/threads/ann...oject-nst-pio-ax.2979167/page-3#post-20389250
What a day from PIO on the back of quite a positive announcement. Maybe this is where things turn around for PIO.... we can only hope.
You beat me to it..!!! If they get spod strikes in the rest of the drilling, it's happy days If not, the SP is going to get hammered, and I would have done me dough... again :0
Yeah it was a very nice day with big volume (30.31m). I would like to see it hold around this price for a while and build support.
Lepidico enters a farm in agreement with Pioneer for a 75% stake in PEG009 at Pioneer Dome (2% of total area). Pioneer keeps the spodumene and cesium, Lepidico keeps the lepidolite. https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC4g61wReZsP52ke92GA==
Glad I doubled up on these when they went down to 1.7 , I am now even at today's price of 2.6 ......... onwards and upwards !! hopefully
I thought about it at 1.7c but was already heavily oversubscribed so decided not to add more weight. The usual story
Yeah, I averaged down at that price as well. I'm in large @ 0.028. It's a bit of a risk digging a deeper hole when things aren't looking rosy but I believe there's a lot of upside in PIO.
Anyone taking up the PIO share options closing on Oct 9th? 0.014/share, last close was 0.015, up to $15k worth. Of course the more people that take it up, the more the shares get diluted, so it's borderline at 0.014/share.
