I think PIR trades at a premium, as Fekola looks like being one continuous pit, with wide, decent grade mineralisation. I don't have a problem with that.
I'll stick to my guns re a merge between the two companies. I reckon the benefits of a merge for GRY far outweighs any short term gains that could be made by cashing in their PIR stake.
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will gry and pir eventually merge?, page-6
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