I think so too. The mines are having good results, and still good life expectancy of the line. The company is reinvesting into further development of more mines. Gold price likely on the uptrend especially if one feels a bear market is around the corner.
Just need AISC to go down a bit. The board seems to know what they're doing. The dive from high 30s down to high 10s probably was well oversold, and last CPP was popular at 20c. No debts, cash to expand, it's a reasonable gem.
Caveat is that it's a mining company, things can randomly turn bad unexpectedly.
No dividends as well for a miner that is debt free and doing well, that might turn some investors off.
PNR Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held
