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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
Comment by Walktheplankon Jun 21, 2013 12:38am
226 Views
Post# 21552858

RE: RE: RE: RE: Crash

RE: RE: RE: RE: Crash

Perseus is still going to go down. That new mine probably won't go through now and they are basing all their revenues off this one existing mine. Future cash flows are now devalued with the recent ( and most likely continuing) pullback in gold. Nice little company but headed down anyway. Could be a buy out....?

Bullboard Posts