PIR goes up because B2Gold goes up, but not vice versa. B2Gold is rising as it's normalizing back to it's value price - as opposed to where it sat after rampant selling off when and prior to the bid being announced. Also B2Gold shareholders are starting to realize the value of what they are buying in to at Fekola.
New drilling results out today as well
PIR share price should in theory trade just pegged below the 0.661 ratio of B2Gold, with exchange rate factored in.
PIR Price at posting:
$1.70 Sentiment: Hold Disclosure: Held
