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I would like to note that from an Australian prospective Gold prices reached there peaks when we were a round 70cents US, gold has dropped a fair amount recently for any Australian companies, and no mater how you look at as an investor we get paid in australian. dollars.Obviously any mine outside of australian in PRU case has some advantage as operation cost stay relatively cheap in comparison to the gold price, however if you do a $AUS/gold price you will find we have leveled out for the last few months well below our peak.PRU is still a great buy, however i do believe there are alot better stories out there for the time being, this has run far to hard and overshoot its worth.This is my personal opinion DYOR.
I would like to note that from an Australian prospective Gold prices reached there peaks when we were a round 70cents US, gold has dropped a fair amount recently for any Australian companies, and no mater how you look at as an investor we get paid in australian. dollars.
Obviously any mine outside of australian in PRU case has some advantage as operation cost stay relatively cheap in comparison to the gold price, however if you do a $AUS/gold price you will find we have leveled out for the last few months well below our peak.
PRU is still a great buy, however i do believe there are alot better stories out there for the time being, this has run far to hard and overshoot its worth.
This is my personal opinion DYOR.
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