Recieved this bit of news from LexisNexis via my Investing Website, thought you may be interested:
Date/Time: 20/07/2012 8:22 AM
Australian-listed mining companies with exposure to Africa have suffered from declining investor confidence. After rising in 2009 and 2010, the share prices of many of them have fallen more than 50 per cent from their peak. For contrarians, it may be a good opportunity to buy shares at depressed prices in companies such as Gryphon Minerals, Papillon Resources, Perseus Mining, Ampella, Blackthorn Resources, Middle Island Resources and Azumah Resources.
I know PVM isn't listed but I think they are in the same basket.
PVM Price at posting:
78.0¢ Sentiment: Buy Disclosure: Held
