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Thread: Donny's Stock Talk
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02-06-2011 07:14 AM #181
UPDATE from my post of Dec. 3, 2010.
PPI continues to show strong upward momentum on positive news
PPI's recent PP was for 5.5 million
Oversubscribed - closed 7.1 million " BEFORE DRILL RESULTS ".
They have more than enough funds for additional drilling and to complete the pre-feasibility which is planned for next year.
The SP closed on a Friday @ .74
TD and Scotia value this stock at $1.30-1.60.
The NI-43101 is due April 20, 2011. It is expected that results will be similar to the historical data which could send the stock price into the $3-$5 range.
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