Ann: Asset Sale Completed With Phillips River , page-13

I certainly agree on 3 points.
When these guys say buy is when I usually check my numbers to see if I should be selling any short term holdings, so I am not too worried if they say sell. I might give it a little time for the sellers to finish selling then jump in for the rebound.

As for PRH, I don't assign a significant value myself (relative to the market cap) yet but certainly wouldn't consider it to be zero.
Who would you believe here, management that know their business well or some analyst sitting behind his desk?

As for $1,200 gold, these guys are always behind and have been since the gold bull market began over a decade ago.
I.e. they have been wrong for over a decade!

I use spot to value gold companies in case my long term price proves wrong, but I consider $2,400 as my long term gold price- until they print more currency, then I will raise my $2,400.
$1,200 is a joke.