PRU 0.37% $2.68 perseus mining limited

Non holders forum

  1. 912 Posts.
    lightbulb Created with Sketch. 95
    I've held Perseus for years, but sold out recently. Happy to sit on the sidelines and watch.
    nordesmic expressed much the same sentiments regarding PRU in his latest video:


    I am happy to be proven wrong and would consider buying back in at a higher price once:
    - PRU have their Exploitation licence for Yaouré.
    - Finance for Yaouré is in place. Since I am not a holder I don't care about dilution.
    - Yaouré has moved through the development stages and they've started moving ore to the crusher.
    So maybe a year away from now it'll be worth a buy.
    In the mean time Gold is looking good, but won't breakout until the Fed starts doing rate cuts.
    Expecting that in Q4CY19, so 6 months at least until you get some leverage off the Gold price.
    In the mean time expecting 30% share price drop, to lets say 35c, 3-6 months after some bad announcements.
    I hope for current share holders I am wrong, but this thread is not for them.
 
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$2.69 321210 9
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