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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35 | 197330 | 2.410 |
28 | 185235 | 2.400 |
17 | 139365 | 2.390 |
13 | 77554 | 2.380 |
Price($) | Vol. | No. |
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