"Company aims to have drilled out, on a 40m x 40m grid spacing, over 1km of strike by July 2012"
"The Company remains on target to release a maiden mineral resource for Fekola by mid 2012"
"The Company is confident that it is on track to deliver its maiden resource at the Project by the end of the first half of 2012"
I would be surprised if PIR released a JORC this month and is more likely to be July 2012, if they release. I hope I am dead set wrong!
2moz @ 3g/t would be fantastic but I wouldn't be disappointed with a high 2 for gram per tonne and something over 1.5moz. They still have new ground they are going into to increase dramatically.
Not a lot of volume today but above $1 is a good sign in technical terms.
PIR Price at posting:
$1.04 Sentiment: None Disclosure: Held