The forums are a clear testament, there has been little interest in this stock for some time. Once the company shows off it's prospects and earnings I think that people will regain interest and it will go off like a firecracker.
Its also good that this company has resources that arent so vulnerable to a slowdown in Chinese construction, I believe that Perilya's commodities are more related to consumer spending which policy maker's in China and around the world are aiming to boost. This stock might prove a bit of a resources 'safe haven' as iron ore and coal prices are dropping. Gold and silver production also provide a great hedge to economic decline and subsequent monetary stimulus which is very rare and very clever.
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- announcement out today
announcement out today , page-3
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