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PRU - Perseus Mining - Gold mining turnaround
PERSEUS MINING LIMITED
Long
PRU - Perseus Mining - Gold mining turnaround
By Barolobill
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Apr 9, 2018
3
Apr 9, 2018
Perseus now a two mine/two operating country gold miner with line of sight on a third mine, looking to take production towards 500z oz around 2021.
Short interest has dropped sharply and a sauser shaped bottom has formed over the last 12 months.
Double bottom at 27c.
27c -39c channel, now convincingly broken to the upside.
Mesured move objective of 55c
Trend Analysis
Barolobill
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