PLV - Pluton Resources

[doogie_goes_off]

Speeding ticket issued. Normal response. No thread for this stock? Good gains of late, is it all speculation?

 

[markrmau]

Look at market cap vs potential resource.

Have a listen on BRR. Assay results COULD be pretty good.

 

[doogie_goes_off]

Finally a bit of volume, big intra-day peak of 1.09. People obviously looking for small Iron Ore explorers.

 

[doogie_goes_off]

Have a look at the pictures on the latest announcement - you can see the Iron ore, it will be interesting to see price movement if iron is 45% plus in this 35m layer once drilled.

 

[REA]

This share has had steady growth now around $1.50. Is it because it is iron ore? Any other reason?

 

[doogie_goes_off]

The projects in Tas are certainly interesting and they have "visible copper mineralisation" already noted from drilling, but really everyone likes easily accessible Iron Ore that is high grade, just a matter of proving how much is there. Will take a bit of time for SP to appreciate past current levels but is fundamentally (geologically) an interesting stock.

 

[EZZA]

any driling results coming up soon. will be an interesting stock to keep an eye on. currently holding gbg at the moment, already have exposure to iron ore.

wonder how much these guys have.

 

[arminius]

gday,
you cant beat quality eh, and irvine has masses of the best quality io in the country,and all they gotta do is pull a ship up alongside and shovel it on. from memory, others have been mining cockatoo and koonan for 50 yrs or so, so irvine is bound to have buku io.
i really believe this will be exceptional.

 

[doogie_goes_off]

A very good run on today, up 14c and on moderate volume. Pleasing given the low volumes of late. It will be interesting if there is any resistance once it approched $1 again (if today's trend continues).

 

[EZZA]

gday,
you cant beat quality eh, and irvine has masses of the best quality io in the country,and all they gotta do is pull a ship up alongside and shovel it on. from memory, others have been mining cockatoo and koonan for 50 yrs or so, so irvine is bound to have buku io.
i really believe this will be exceptional.

dude, i heard from some guys, that they might have a bit. Can see the io in the pics.

Didn't realise these areas have been mined for ages. Is that what ur going
off?, thus ur assumption the have cr*p load of it.

Any chartist analysing this one? MA seems to be flattening out and moving up.

 

[arminius]

yeah mate i reckon theres a bit there. not sure how much research you've done so i hope im not blabbin on.
bhp mined one of the other islands for decades. yes, decades.
the thing is, that area has the higher grade stuff, and the only reason it wasnt mined back in the day was the lack of permission from the trad owners. plv now have that blessing.
for memory only 10 mill trading shares avail...the rest tied up.

as for quantity i have no idea, but the quality is first class imo.

 

[EZZA]

arminius coolies.

Are you on this one, think might put some in as a punt. Haven't done much research on this. Just brought to my attention.

Interesting to see the price move friday, with drilling expected to be pushed forward on the tassie site.


Do you know how much is currently factored into the price at the moment?
Any ideas when the will be drilling the wa for iron ore?

Currently looking at sdl lot of interest here, already holding gbg, but plv wil probably be a blind punt for myself.

 

[arminius]

gday ez

couldnt tell you about price factoring. to be honest im not all that interested in the tassie stuff...its just a v handy bonus.

im quite excited about irvine. for memory the drilling starts next dry season, so i think theres still a way to go.

this is in the bottom drawer under the daggy t shirt i never wear.

 

[doogie_goes_off]

Consolidated back over $1 on low volume. Not much resistance at the $1 mark but very few shares traded, probably all tied up by long term holders waiting for the iron ore drilling.

 

[EZZA]

gday ez

couldnt tell you about price factoring. to be honest im not all that interested in the tassie stuff...its just a v handy bonus.

im quite excited about irvine. for memory the drilling starts next dry season, so i think theres still a way to go.

this is in the bottom drawer under the daggy t shirt i never wear.

g'day arminium,

plv been moving nicely, was watching very closely at 80c. now well over a dollar. not sure if i missed the boat on this one what do ya reckon?

was was looking at sdl that has just taken off like crazy, holding gbg who are pretty much going to merge with these guys. missed sdl jump though.

looks like gbg is going to be the next big player in the io sector.

bit pis**d that gbg is going down and sdl up, got the short end of the stick hey. look out for these guys as well i reckon, will be interesting couple of yrs.

 

[arminius]

if you think you missed the boat at a dollar ez, what are you gonna think if it goes over 2. 1.60 now and looking good. no news or fuss.

 

[EZZA]

oh well, can't catch em' all.

disappointed though. what else have you been checking out?Most of the stocks i was looking at have really taken off.

 

[arminius]

perseus mining, mundo minerals, royal resources, thor mining.

im long term, waiting for the big payday hopefully.

im working on gold, steel (iron, moly), energy (u308, renewables).

pluton aint finished

u got any 'specials'

 

[arminius]

dont forget iron ore price negotiations soon. its only going one way....

severe shortage for years to come.

time just flies by these days. imagine what this could be this time next year.

 

[cuttlefish]

For those watching this stock - significant announcement out today - exploration permit granted at Irvine Island. They've now passed two major native title negotiation milestones and will be able to plan a drilling program on the island now.

For anyone thats got an interest in DSO iron ore specs its worth having a read of the Irvine Island project update ASX announcement from 5th July 2007.

There's some good photo's of the thick layer of iron ore mineralisation on the island, as well as some rather amazing comments about how large they think the ore body might be.