PRU - PERSEUS MINING LIMITED

[awol]

In reply to: tradem on Wednesday 23/11/05 01:01pm

Had a look at PRU today and i would have to agree tradem, it does look like the market hasn't discoverd it yet. Bought today. If it continues to make all time highs that won't last long .

[tradem]

Hi awol

 

Welcome aboard.

 

In 6 months time (if not sooner), gold explorers with this kind of quality will be selling for multiples of the current price.

 

This report from Montagu is current and gives a good analysis of the projects and their potential:

 

http://www.perseusmining.com/newsDocs/Mont...%20Nov%2005.pdf

 

 

[awol]

Thanks tradem,

For some reason i cannot get the link to work.Tried through Montagu's also.

 

No drama's.I am happy with my own research and the helpful posts on this thread..I am sure i'll get to read it some time.

 

cheers

[tradem]

Hi awol

 

Unless the buy bids are dummies, it looks like it is going to be a good opening http://www.sharescene.com/html/emoticons/biggrin.gif

[awol]

In reply to: tradem on Friday 25/11/05 09:19am

Yes tradem,

coy's making new highs usually attract a certain type of buyer .Looks good

 

[Brantley]

In reply to: tradem on Friday 25/11/05 09:19am

Hi tradem,

 

Looks like the punters have noticed PRU. I have been in for some time now as you can see from my posts going back over a year ago. Cuerrnetly up 240% on the PRUO Options and 65% on PRU. Also if you have not been watching CIG, sister company of PRU, it has good potential as well. I have been in CIG for some time as well. Currently up 233%.

 

I will continue to watch both PRU and CIG closley.

 

Good luck to you.

 

Cheers,

Brantley

[tradem]

Hi Brantley

 

I took a look at CIG. Looks interesting. The group certainly looks like it has achieved "first mover" advantage in the Kyrgyz Republic which has led to several opportunities. MRO was provided their uranium interests via PRU.

 

 

[Brantley]

 

http://www.miningnews.net/StoryView.asp?StoryID=50767

QUOTE

Perseus resource in March Chris Cann Wednesday, December 07, 2005 AGGRESSIVE exploration will hopefully deliver Perseus Mining an initial resource estimate at its Tolubay gold project in the Kyrgyz Republic by March, according to managing director Mark Calderwood. He told MiningNews.net Obdilla has the potential to be a mid-grade, large tonnage operation. Meantime latest results from the Obdilla prospect at Tolubay returned an intercept of 90.5m grading 2 grams per tonne gold, as well as higher grade intercepts of 8m at 3.7gpt and 10m at 3.8gpt. Previously announced results revealed intersections from that hole of 72.5m grading 2.4gpt, which included grades up to 3.2gpt. "A gold mineralised zone over 2km long and up to 200m wide has been defined by trenching at Obdilla," Perseus said in a market statement. The current drill program consists of 40 diamond drill holes for about 7500m to test the main zone. A second rig has arrived on site and was set to start this week. Elsewhere a Perseus subsidiary has been granted nearby gold exploration tenements, where work will begin in February. Shares in Perseus were down 1.5% at close of trade Wednesday at 33c. The stock reached a 52-week high last week of 37c, with the 52-week low being 13c back in April.

[Livas1]

LOL - my first visit here and look what i find http://www.sharescene.com/html/emoticons/tongue.gif

 

Brantley next time you request to have a topic started can you please let me know http://www.sharescene.com/html/emoticons/wink.gifhttp://www.sharescene.com/html/emoticons/biggrin.gif

[chinaski]

PRU coming up with some first class exploration results.

 

I believe CIG still owns 39% of PRU from the float ??

 

If so CIG would be a great each way punt on oil / gold exploration success.

 

Seems to be a touch of Far East Capital & Euroz on the register.