MsBuffet - I thought it had gotten away from me also when I bought more at 69c !
With plenty of news coming up and the ever present potential for a bid , I think PIR will continue to find strong support from the market.
There just aren't that many good options for diehard gold stock investors on the ASX with the POG at these levels. PIR will continue to demand a lofty premium on this basis.
300k/oz/yr at $750 allin cash costs = one of the few deposits that will still thrive in a low POG environment.
And what happens if the POG does go back to the $1500-$2000/oz range ?? PIR will be a money making juggernaut!
PIR Price at posting:
89.5¢ Sentiment: Buy Disclosure: Held