PRU 3.10% $2.50 perseus mining limited

pause for thought

  1. 651 Posts.
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    The mention of the new gold-in-soil zone gives pause for thought, and in that pause it pays to review the news stream of updates likely in the next few months:
    -drill intercepts from both CAGP and Tengela;
    -resource upgrades for both;
    -drill results for exploration areas (like the one above);
    -CAGP production reports. I went to the company website yesterday; they have posted photos of progress - looks good;
    -DFS for Tengrela.

    There's probably more; these are just the things that spring to mind.

    I was surprised by the fall to $2.90's. On reflection it's not surprising there was a pullback, although there's still evidence of BoT trading given the small typical trade side.

    That this has persisted into the rising gold price is strange. Are there people who think that the strong Aussie will reflect on eventual profitability?
 
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