PIR 0.00% $1.49 papillon resources limited

pir article, page-7

  1. 1,663 Posts.
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    $0!

    In this market and the way it is, you would be stupid to let go of PIR for $500m (~$1.50). I can't see anyone offering over $500m, so would call that a max price.

    I would be more than happy for management to keep doing what they are doing. By mid 2014 we should have a DFS that shows us what we have and what we offer in terms of value.

    Hope PIR take this to production, but would maybe change my mind if $3 was offered ... maybe (but that ain't happening in this market).

 
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