i think this one could be a 5 or 10 bagger grahod a bit like moto. I like perseus because they don't have many shares on issue and they are getting some pretty amazing results in their drilling on all of their prospects. Reg Gillard who was on the board of moto is also on the board of perseus. The volume for perseus on the frankfurt stock exchange has gone through the roof in the last couple of days. Perseus did say that they have a guy over in germany at the moment doing some PR work for the company to raise their profile which probably explains the volume on frankfurt.
I think it is a sitting and waiting game with moto waiting for the resouce upgrade to come out - i would expect it to move some more on the TSX when it comes out.
MOE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
