Take a look at the reserves and resources statements, and exploration results, there's a lot of gold left in PH. No gold credits is therefore a wild claim that no rational person could agree with. You go way beyond mere irrational exaggeration with that one.
Dramatic increase in C1 costs? Well from a low 70 cent base, I guess you could call it dramatic, but putting it in perspective of copper near $4 I am not going to be losing any sleep over it, no need for the hysteria!!!
Bloated head office? Maybe, but a luxury a company with an asset like PH can afford.
As for your investments, I am glad you'd at least learnt something from your painful LOM episode, and now take a portfolio approach. As for diamonds, I'll still give them a wide berth, as I will those parts of Africa where even if you make a profit someone is likely to loot you of it.
EL
OZL Price at posting:
$9.59 Sentiment: LT Buy Disclosure: Held
