Papillon Resources LTD (PIR) is still in the exploration and development stage, with projects in the West African country of Mali. The company’s stock price took a beating in May 2013, purportedly over concerns about ongoing political instability in Mali and in nearby countries. However, on continual positive news regarding Papillon’s Fekola Gold Project, the share price recovered. Drilling at Fekola is promising; the project is now permitted; and a new discovery north of Fekola at Menankoto Sud has piqued investor interest.
Analysts and investors seem to rate PIR highly.
According to Thomson/First Call, there are 3 analysts with a Strong Buy rating on the company, 8 with a Buy rating, and 2 at Hold.
http://www.thebull.com.au/premium/a/45738-4-standout-gold-stocks-on-the-asx.html
the bull
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