re: Ann: Papillon Grows Fekola Gold Resource ...
nice work Hussy.. . and agree with your thoughts
PIR has cemented its reputation as having the best of the best new discoveries made in many years in west africa , if not the world.
That market cap is starting to look very very cheap again , for what is essentially a billion dollar enterprise in the making at Fekola...
Like I've said before , this is a "must have" stock for any legit gold stock investor on the ASX..
The key price drivers from here will be the POG , as you said Hussy, but also the takeover speculation that will surely mount with this latest MRE update. Very few top-tier deposits make it through to mining without a major snapping it up first. PIR will get a healthy premimium for any successful bid imo.
Holding long term , and buying more...
PIR Price at posting:
$1.19 Sentiment: Buy Disclosure: Held