"Once the first gold is poured at the Sissingue Project, Perseus Mining will have control of two projects that will be in production for several years into the future. The company’s annual gold production should rise above 300,000 ounces; just as importantly, cash flow generation from both projects should be excellent. Perseus Mining will find itself in a prime position to utilize its balance sheet strength and operational expertise to make new acquisitions and expand its footprint in West Africa.
Do not let some potential short-term choppiness in Perseus’ financial performance stop you from considering this company. If the price of gold rises substantially at any point in the next few years, Perseus Mining will be in a position to deliver blowout financial results.
The $92M CAD profit that the company posted in FY 2015 will seem like a blip on the radar".
Extract from: a recent Palisade Report from Ralph Kettell III December 21, 2015 on:
"The Flight of Perseus Mining: Low Cost Gold With A Low Entry Point"
For further details, access:
http://palisade-research.com/the-flight-of-perseus-mining-low-cost-gold-with-a-low-entry-point/
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