Just came across this. Interesting read on PSC. Seems like its starting to be picked up on peoples radars. http://www.nextsmallcap.com/lithium...ource=SD&utm_term=WOULD YOU LIKE TO KNOW MORE
Yep but Mugabe needs things to work in Zim or he will snuff's it , also the Company has fourth generation and indigenous owners so is well inside the ownership rules and knows the country well, and it is producing Gold already, small stuff for now but it has excellent potential for both the gold and the Lithium, drilling is just about underway on known spodumene ground that has produced not so long ago.
Been sitting on a decent holding of psc for a few months. trying to work out whether to take some profits. Let the drills do the talking i guess. I would agree they are starting to get noticed.
Still got a way's to go yet, today was just one hole out of the 30 being drilled and if it they get some thicker veins along the 1.5 kilometer long strike zone with decent grades it will go multiples of the current price. Even with the thin veins already hit the initial target is 15-18 Mt at 3-5% Li which would equal that of BGS easily. A lot more shares on offer but it could easily double from here in coming weeks with results coming in on grade and further holes.
i locked in a sale at 3c to return my initial capital. I know it's going to run but i'm risk free with it now. was in it early avg'd up to 1c. Thank you PSC.
https://www.google.com.au/url?sa=t&...9L27WjjKSbNOuMkBbizg0A&bvm=bv.126130881,d.dGo subliminal message for your scrooged
Sold some this arvo dropping my avg to .75 of a cent , not free carried but near enough to let the rest sit and see where it go's . Probably kick myself in a coupe of weeks but it frees up some funds for more opportunity elsewhere.
The curiosity got me hussman , what did you buy ? If it was PIO I would not be regretting that as long as you got a half decent price, overall a few pips do not matter much unless you are a day trader and trying to make a life off of pip trading along with all the stress it entails Not for me really, too much stress and risk. A few pips lower on entry are always great for the extra shares but for me if the fundamentals are there, a few pips don't really matter over time. I am currently looking at PIO and another that markc bought up on scrooged's new thread LRS, PIO will get there, it has all the hallmarks of a massive money maker for all concerned, just a matter of time. Just for now it is a quagmire of indecision, but an ultimate winner, and with the recent SPP I think I can get in lower than current SP BUT if they pull a Horny Rabbit out of their stuffed full of a multitude diaspora of mineralistic Hat, people might miss the boat easily. I mean when you actually take a good hard look at what PIO hold mineral and ground wise it is insanely good stuff, It just needs direction. I made some very good money on PIO, and hope to make some more. Don't currently hold but will again.
Hey there SC. No regrets as to any of my purchases so far. Far worth selling a few ounces of gold and investing it in the stock market, as you said. So I bought into BGS slightly lower than it is now, 8,800 units. I also got a tiny parcel of PIO, 17,000 units. I have $2,000 sitting in my trading account, was thinking about PSC, but was too slow, no, I was scared, and didnt pull the trigger when my gut was telling me at 1.8 cents.
Wish they come out with announcement about a deal, been a long time coming . some nice grades of li will do for now. might get a 20k day if this fires up. was in and out of PCS in a flash, bloody zimbabwe put me off , in at 1c out at 1.5c for a quick 5 grand "
