Forum Topics PTR PTR Bull Case

Pinned straw:

Added 2 months ago

Last time I checked this was under 20m market cap

It is now 60m market cap but lots of dilution has happened!

Did not realise this when I bought recently with a small holding

What popped the share price was what looks like good met results from the Muckanippie Mineral Sands discovery in South Australia

Still early stage but I think it looks promising. Worth more than SFX (Sheffield Resources) which has a Mineral Sands project in WA but have had issues with production.

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They are also searching for IOCG (Iron Ore Copper Gold) near Prominent Hill and Carrapateena (BHP) but the chance of finding something big is highly unlikely because good IOCG discoveries are very rare from what I have heard - unfortunately I can't find any reference to back that up. The Rare Earths in Comet is also not significant as it is not ionic clay.

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edgescape
Added a month ago

Petratherm is up more than 70 percent on confirmed HMS discovery!

Was already 60m MC yesterday

Just crazy single day return.

Too chicken to buy more on the dip to 15c recently

Also couldn't get the Strawman order due to insufficient funds

There's some useful info from one poster in HC.


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edgescape
Added a month ago

If I have time I'll try and write more about this. Only small position here. Still consider this a speecy explorer play even if there is now a large institution Acorn Capital on the register

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