Just wondering what peoples thoughts are on what will happen with Perseus today, folowing the sell recommendation that has been referred to yesterday from a popular newsletter?
The shares touched $2.35 yesterday (before the newsletter came out?) then fell off to $2.30 (mid afternoon, so presumably after the newsletter was published?) but I take some confidence in the fact that the stock then firmed a little and finished up a few cents at $2.37. Maybe the sell off wont happen ??
I like the Perseus story and am tempted to hold on medium term, particularly with first pour from Ghana due later this year, and the gold price forecast to remain firm, but do you think the newsletter reccommendation will impact share price and give a SELL/BUY-BACK opportunity? (as we know some newsletters can certainly impact the price when they reccommend a buy).
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