PRE pacrim energy limited
Add to My Watchlist 0.00% ! 6.0¢

12mil .5 line taken out

  1. X-terra
    6,591 Posts.
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    04/08/11
    11:55
    Post #: 8771506
    .005 taken out means news coming as history repeats itself.
    PRE has a value based on in ground value gold of 1.2 cps, but lack of news has taken it's toll and has been sold down over time, which leaves it severely over sold.
    Add Manus Island into the equation with Newcrest as JV partner, values this more as the PNG ground appears to be very gold rich.
    DYOR
    PRE Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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