Here's another example of a once darling developer/producer now...

Here's another example of a once darling developer/producer now haemorrhaging at the seams.

If you're an investor of PRU (fortunately I no longer am)
then you would have woken up to this statement contained in their June 2013 quarterly activities report.

'Total all-in site cash costs (including production, royalties, development and sustaining capital) of
US$1,256/oz in the Half Year, including all-in costs of US$1,405/oz during the Quarter. This Half
Yearly all-in site cost exceeded the Half Year cost guidance of US$1,100/oz;'

OUCH!!

Thanks but no thanks. I'll stick with little ol IDC that has 400koz M&I between 5.4-20g/t near surface to mine as an option. Expected cash costs to be less than $400oz, & therefore all in costs that should generate a healthy profit even at $1000 POG.
Not to mention the significant 'bonanza' upside potential Mt. Kare has to offer.

Note: My opinion and analysis is mine only and in no way am I offering advice of any kind. Please DYOR.