PRU 2.23% $2.53 perseus mining limited

couldnt agree more fly boy. thats my worst case scenario. ie...

  1. smm
    550 Posts.
    couldnt agree more fly boy.

    thats my worst case scenario. ie 300% return on todays prices.

    ive held this since 40c. so fluctuations dont matter to me.

    if PRU achieves a 2b market cap the shareprice will be 10 times what is now.

    this is definitely a probable scenario. company says will have over 5m ounces in GHANA by march 2008. likely 2m ounces total at tengrela by my calcs. 600k oz in obdilla from on about 10% of the deposit. and shambesai is looking at being at least 2-3m ounces.

    they just have to drill, model, and release jorc compliant resources. they know the gold is there. just a waiting game.
 
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$2.53
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