PRU 0.43% $2.33 perseus mining limited

Breakout Imminent, page-39

  1. 2,060 Posts.
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    Heres some more factors:-
    - no debt
    - no gold royalty risk like other WA miners
    - cheap wages in ghana Cedis
    - COP lowering
    - production rising
    - dropping gold price (negative)
    - legacy issues (the past haunts it)
    - TA showing good signs

    Yet we have seen with PRU lots of crises and drops. Until the Q report shows these things in reality & gold price starts rising on the back of lowering USD$ till then i expect 30-35 will be the sideways lows for a while and then may breakout once these things happen.

    Gold price has to stop this drop currently, PRU has ignored the gold price drop for now but cant forever.
 
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