I know the website and based on these facts I put in the question why the need 150 Mio CAD?
- Exploration expense around 20 mio/a CAD
- Two Mines are running. Total res 4.4 Mio Oz
- Increasing Production for 2009. > 400.000 Oz this year...Cost around 450/Oz -> big money!
They don't need 150 Mio CAD...!!!!
My view: Based on the low Value of PRU it is a great opportunity to step in!
Sil
red back mining, page-3
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Last
$2.41 |
Change
0.080(3.43%) |
Mkt cap ! $3.315B | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.42 | $2.35 | $7.956M | 3.332M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 67667 | $2.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.41 | 68938 | 4 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PRU (ASX) Chart |