Here's a few more POV's from recent and not so recent:I agree...

Here's a few more POV's from recent and not so recent:

I agree with D-bank's comment directly below.


Deutsche Bank 27-Jun-13

The broker notes the new pre-feasibility study on the Fekola Gold Project pretty much confirms what was reported in the scoping study last year. Annual gold output actually came in a bit higher, while low cash costs paint a pretty picture for margins in the current low price environment. The broker also thinks the 9-year life of the mine can be extended.

In short, Deutsche Bank says this is the now best undeveloped gold asset in the entire Australian gold sector, so development funding should be easy despite the challenging market and scarce funds. Buy call and $1.90 price target maintained.

Buy

CIMB Securities 11-Mar-13

The broker has initiated coverage on Papillon with an Outperform call and $1.85 price target, noting the company has put together a quite respectable 4.2Moz gold resource at its Fekola project in Mali.

It's a big resouerce and the broker expects it to keep getting bigger as the project moves into the feasibility stage this year.

Outperform- Initiation of Coverage


Macquarie 25-Jan-13


Macquarie finds the quality of Papillon's project, coupled with a clearly delineated timeline to delivery of first gold, makes it a potential high-return play for those investors comfortable with the risk associated with a West African explorer. An Outperform rating is maintained. The price target stays at $2.20.



_________________________________

My comments again...

There's not a whole lot of coverage on PIR from the brokers really and their PFS should really gain some interest in the stock going forward.

Look for a possible takeover bid sometime this year imo.....

This one's set to become a "market darling" imo....