Club Mulgoa

Monday, August 27, 2012

PRU - good article

http://minesite.com/news/perseus-ramps-up-gold-production-at-edikan-even-as-construction-at-a-second-project-is-about-to-get-underway

But good article and progress does not translate into rising share price.  That will come for patient investors.  At the end of the day, it is production of gold that counts and the profit generated.  However, you cannot expect a mature stock like PRU to jump unless there is a take over or it finds a lot more gold.  I like the slow and steady rises of some stocks.

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