I know the Resource Upgrade was a shocker and I can completely sympathise with the views already posted but surely this represents a great buying opportunity at current levels if Fekola is the motherload that current drill results have shown to date.
Resource upgrades are like housing valuations if you ask me and if you have had one of those recently you will know that "conservative" is the name of the game.
Traders have a very short memory when it comes to this sort of stuff in my experience and a few decent drill results from Fekola will see this back in the mid 70's before end of June.
I topped up at 46c on Monday, hopefully the rot will stop and things will level out around 50c just after the easter break.
PIR Price at posting:
44.0¢ Sentiment: ST Buy Disclosure: Held
