PRE 0.00% 6.0¢ pacrim energy limited

Ann: Share Purchase Plan Announcement , page-7

  1. 11,119 Posts.
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    BH

    I am seriously thinking of subscribing.

    I want PRE to survive.

    They have $180 million in in-ground gold (excluding cost of mining). I reckon they could get some help in mining this and end up with maybe $40-50m in cash for further exploration. Mining input costs of mining are much lower than in 2008. Think what AAR did.

    Especially if they could do a deal with the new improved NAVies. Also the POG could go higher so their prospect could become more attractive.

    Keep feeding that dream. It could pay off, some day.

    I am annoyed they are spruiking their low grade Ni find. This adds no value.

    Just speculating, but worth a little thought.

    speculative loki
 
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