PIR papillon resources limited
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Broker upgrade. I agree with Mac Bank, but find their price...

  1. thegooch
    1,890 Posts.
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    21/08/13
    09:20
    Post #: 12221676
    Broker upgrade.

    I agree with Mac Bank, but find their price target a little conservative. Must be a short term target ;)
    _________________________________
    Macquarie 21-Aug-13

    Papillon has delivered a strong set of drill results, offering the potential of a 15-20% increase in current resource. The broker increases its target to $1.50 and $1.20 and suggests PIR offers a potentially high reward, and high risk, opportunity in West Africa.
    __________________________________
    PIR Price at posting: $1.11 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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