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Perseus Mining Ord Shs T.PRU

Alternate Symbol(s):  PMNXF

Perseus Mining Limited is an Australia-based gold producer, developer, and explorer. The Company also conducts mineral exploration and evaluation activities in Africa. It operates three gold mines in Africa: Edikan in Ghana and Sissingue and Yaoure in Cote d'Ivoire and owns the Meyas Sand Gold Project in Sudan. Edikan Gold Mine is a large-scale, low-grade multi open-pit operation located in the Central Region of Ghana, approximately 45 kilometers southwest of the regional town of Obuasi. The Sissingue is located in northern Cote d'Ivoire and lies within the Sissingue exploitation permit that covers an area of over 446 square kilometers, bounded on one side by the international border between Cote d’Ivoire and Mali. Yaoure is located in central Cote d'Ivoire, over 40 kilometers northwest of Yamoussoukro, the political capital, and over 270 kilometers northwest of Abidjan, the economic capital of Cote d'Ivoire. It also operates Nyanzaga Gold Project, located in north-western Tanzania.


TSX:PRU - Post by User

Bullboard Posts
Post by rob_oon Feb 19, 2013 10:45pm
194 Views
Post# 21013955

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I thought  PRU was a great buy at these levels, but it looks like it can go even lower. As a suggestion for when to get in, if you do not already do so, look at how the stock trades on the ASX. Today, for instance, it touched $1.55. Once it begins to stabilize there, I will pull a trigger on the TSX. Also, American bulls has a confirmed SELL indicator posted today. IMHO this is a great buying opportunity for anyone with cash that's not tied up in other investments. A few weeks ago I was ridiculed for posting that the stock would touch the $1.50s range--> not so dumb now ;) 

Bullboard Posts