Perseus has been operating on the sniff of an oily rag and had shut down pretty much all of it's exploration efforts . Edikan was really doing it's head in and it had to focus its effort and cash on trying to get it operating profitably . With Sissingue coming on stream everyone is feeling a bit happier about life and some exploration has started in Ghana and Yaoure . If you wish to read through some of the past quarterlies you'll get the drift . Plenty of reasons to whinge about MSR .... Mark had an eye for the land packages which became Edikan and Sissingue both operating mines . He has Tawanna up and going ,he was involved with Moto Gold and Mt Edon from memory . So a pretty good nose for a deal and a gold discovery and no doubt he was involved with the Mbengue land package in the early days of PRU and he'll like what he has seen . PRU hasn't made any discoveries of note since he left (pretty hard when your not drilling ) so perhaps it's a chance to turn their fortunes around and at least have 30 % of something .
So I'm hoping at some stage they'll push the button on some serious exploration and we can get our share price moving . I think it's a great PUNT at the price but maybe I'm drinking the cool aid .
Cheers Puss are you going to the footy with Browse in June . We'll catch up .
MSR Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
