how low will it go?, page-17

Supermajor
Good to see you are interested - my opinion is PRU is been driven by the gold trend vs the price , when the price was rising towns 1600 gold stocks were so much higher due to sentiment , even if the actual gold price was lower . Now the reverse is happening . What will determine real value is the gold price medium term . I think PRU is great value and even more now that we know that production has been reasonable in Jan and Feb (1-12) and we know the crusher change over will only result in a day or two of lost production . So while people sell stocks like Pru , Pru still sells gold at healthy margins . I do expect we will start to see some corporate activity in the sector at these levels as buying producing reserves is becoming a lot cheaper than exploration and development .Will Pru go lower , maybe . Is this good buying absolutely.