PRU 0.83% $2.38 perseus mining limited

new substantial shareholder

  1. 630 Posts.
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    As Caspian sells its PRU shares to keep its oil operations on life support PRU shareholders are getting the stockmarket equivalent of waterboarding.

    Five million resource ounces of gold - a resource value of about $12/ounce when gold is at $800/ounce - a feasibility at around $400/ounce cash - - so what sell some more.

    A now a new substantial shareholder - a overseas fund no less - who should have the pick of the shipwrecks dotting the rocks - perhaps the tide is turning.
 
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