can we close over $1 to end the week?, page-4

Hussy - Although I'm not expecting Andean-style deals in this market (goldcorp bought Andean for $1000 per oz!)

I still think that PIR has billion dollar + market cap potential (in a mining scenario) or a current ~$500million take over price tag , which would equate to only ~$120/oz currently and the remaining untested corridor for free.

If POG manages to range between $1500/oz to $1900/oz plus again in the next 2-3 years, PIR could be well above $3 mark by then.

Its an interesting dynamic for PIR with the POG.

The lower the POG gets , the more sought after the deposit becomes for the majors, being in the lowest percentile of all-in cash costs.

The higher the POG goes ,the better the mining metrics and revenue forecasts become. Market cap will balloon.

This is why PIR's marketcap has held up much better than its peers and even most higher cost producers (see PRU) PIR has grade,scale,growth potential on its side.