Extract from:...

Extract from: http://palisade-research.com/miners...stages-set-penny-stock-gold-producers-update/
"Miners I’m Buying And Why – Part III: 2016 Market Stages Set; Penny Stock Gold Producers Update

(From Cecil Musgrave February 4, 2016) states:
"Perseus’ January 27 Activity Report shows full-year production and cost guidance to June 30, 2016 of 172k-192k ounces of gold at all-in costs of US$1,130-US$1,250 per ounce. PRU has been profitable as expenses are paid and reported in Australian dollars while gold is sold in USD, plus they still have over 120K ounces sold forward at US$1,276 or ~A$1,800. PRU’s P/E is less than 2, but trades under C$0.30 for the first time in months as they deal with expected temporary issues as operations move to higher grade pits. PRU also prudently delayed the full-scale construction decision for its Ivory Coast mine until gold prices rise, preserving its cash and bullion now at A$99 million plus A$35 million in hedges. PRU has millions of ounces and an operating mine in Ghana with no debt, which the market ignores as C$154 million in market cap is less than its A$165 million in working capital alone."

There is a growing interest in US & Canadian Markets where analysts there (including the one featured here) are identifying PRU as a significantly undervalued stock. While references to PRU are being included in Presentations by RSG (dated 02.2016) & SAR (12.2015), from an overall perspective, the analysis on PRU in Australia appears to be on the scant side.

However, good to see further inputs from Ophir, fbx258, roka, CEOChair & Nordesmic.

Despite the rise in the Australian price from @ 27 cents to @ 37.5 cents (settling back to 35.5 cents), I believe that there is further significant upside to this stock on the back of a rising POG. US & Canadian interests will add further positive momentum & impetus to the price of PRU.