PRE 0.00% 6.0¢ pacrim energy limited

Well said ScorpThis is the bottom IMO and too cheap here with...

  1. 6,495 Posts.
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    Well said Scorp
    This is the bottom IMO and too cheap here with gold holding and increasing seems to be stable ATM which makes PRE and its potential very undervalue. I maintain this should be around 1.2cps now but I knew this would drop on no news to these levels. Rod now needs to get interest back by getting colour out of the ground and when that happens todays price will be a joke once remembered. PRE seems to be very careful with SH money and another raising is imminent but will need to be put towards the final stage now of mining the ground.We could see this happen on a small scale this year given the high grade shallow resource that is there.
    This is buying time and I'm in.
 
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