PRE pacrim energy limited

gold fever is coming, page-5

  1. 2,955 Posts.
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    PRE are certainly a chance to get to at least 6 times from toady's price with the hits they have had.

    I remember when Conquest(CQT) kept dribbling out their assay results and the price slowly improved until their first resource upgrade, and it gave it a great push forward.

    That was when Gold was around US$550-$650 a couple of years ago. So PRE need a couple of more huge hits and with this gold run, we have lift off. Resource upgrade will then be a beauty, if not already.

    By the way Scotland, you are right about silver as it hit last night US$18. Apart from gold CQT has plenty of exposure to silver. About 33mill ounces so far and still counting.

    To PRE holders I see a lot of similarities to the early days of CQT here, but without some patience, the rewards on this stock will not happen. A small drop in PRE price now should be seen as just an invitation to buy more.
 
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