Orlando -" I know the MD wants to focus on PEM predominantly being a zinc/lead miner (silver too of course) , but GOLD is always a good hedge against basemetals"
I can name 10 goldies recently who have nearly or have gone belly up.
PEM have astute and excellent management, Daisy is a marginal operation, good ridence is what I reckon. The management are onto it.
More money has been lost in gold than the railways!