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Perseus Mining Ord Shs T.PRU

Alternate Symbol(s):  PMNXF

Metals & Mining Gold
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

Perseus Mining Ord Shs
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Comment by redneck1on Jan 02, 2014 1:59pm
280 Views
Post# 22053404

RE:RE:RE:RE:Fed tapering has started...

RE:RE:RE:RE:Fed tapering has started...
QE has been a disaster for gold, the quicker they taper to zero the better. Money velocity has slowed significantly under QE, but with the taper it is increasing, that means inflation, and higher gold prices. Gold stocks will rise this year even if gold is flat, they rise in anticipation of rising gold. PRU also  has  some production hedged above $1400, we will have no trouble surviving, question is, will PRU be bought out.
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