Spot on Tarecq - diversification is for people who don't know what they are doing (Buffet?). DYOR on Papillon - personally I'm happy to bet my left and right one.
What valuation will PIR be at by Christmas when they have close to 1.2Moz resource at 3.5g/t (expecting increase in tonnes and grade) with the possibility to extending to 2-3Moz within the following 6-9 mths.
This will be the hot stock of W. Africa over the next 12 months, just like Ampella has been for the past 12 months.
Everyone has different risk tolerance, but once or twice you just have to back your own judgement/research and ante up...
PIR Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held
