PSV perseverance corporation limited

takeover, page-2

  1. 1,702 Posts.
    around 30c.. they were trading relatively cheap prior to this downgrade in prod. Mac Bk have put out rather a vicious personal vitriol about PSV's CEO who recently presented at some MacWank conefrence. Fosterville is a good asset and whilst there's no excuse for poorer than forecast grade (as I understand there is quite a systematic chemical extraction process at the mine), as they uncover known higher grade stopes, the grade and margin will incerease. PSV is a good storya nd I's be suprised if some like say St Barbera and Lihir who are already looking at VIC hard, wouldn't be nibbling in there at these cheap levels. Histeria aside, this stock is a buy DYOR. Also bullish and holding BCI, FMG, MMX&O, MCO (Vic Gold Explorer), RMS and KCN.
 
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Currently unlisted public company.

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