PIR 0.00% $1.49 papillon resources limited

You won't get 10mil oz in this round of upgrades. Around 5 mill...

  1. 1,890 Posts.
    You won't get 10mil oz in this round of upgrades. Around 5 mill oz was always a reasonable target for this upcomming assessement imo

    It will depend largely on what happens at depth (or further up the strike) whether or not PIR gets to 8-10mil/oz at fekola alone. Could certainly happen over time looking at how other deposits to the direct north expanded at depth.

    The fact for now is , that PIR don't need the resource to get any bigger. The PFS has shown that they have all they need to become a billion dollar+ company imo.

    It time for them to focus on getting a mine up and running. Once the majors see they are serious on this front , they will move in with a bid imo.
 
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