This earnings report was a home run in my opinion! Back on track to making some money, strike over, gold coming in, should have a great 2017! Let's see this get back to over $1.
One year target price $2.08 can't understand why this is at 23% of that at .45?
A total of 6 equity analysts have released a research note on PPP. zero equity analysts rating the company a strong buy, three equity analysts rating the company a buy, four equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $2.08.
why up 20% in after hours.
I think that PPP might be a bargain, but notice that the top three executives are drawing huge salariesing over a dollar per share. Big pay during poor performance really turns me off.
The usual opposite reaction to good news for P. Took the opportunity to add at $.595 - with gold knocking on 1300, the strike behind them, and what appears to be conciliatory attitude from SW, I just don't see anyplace for this to go but up. I guess a bad earnings announcement next month could bring it back down, but anyone paying attention would expect it this quarter so I'll probably add again if that happens.
When is the earnings call?
Got the Union Mafia paid off, now PPP needs to grease the Mexican government Mafia. Fill up another suit case boys.
very glad to see a ratification with the union. Lets go mining!
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.8 In other words, the correlation coefficient of the other stocks
gold is up almost 12 bucks in Asia trading this hour.
Primero is bound to selling Silver Wheaton the silver at some low price (from the buyout deal) and Mexico initially exempted PPP from having to pay tax based on (not the gain or loss incurred in the sale, but) a hypothetical sales transaction that didn't take place where they sold it at spot. In other words imaginary gains. I think we should sue to be able to take the loss we incurred from not being able to sell it at Spot as a deduction against real income. We are creating jobs in Mexico and helping their economy. Why does Mexico want to betray their own word, and their agreement, in order to make Primero go out of business? It doesn't make any sense. No foreigner will want to do business there if they get you to do business there by offering sweet deals and then spray the deal with acid after you establish yourself there?
PPP is like the dead walk...
Silver Wheaton CEO says today - regarding their streaming agreement with PPP - "If there's a way that we can change the agreement to improve the health of the asset, and we get compensated for fair value, then we'll explore that. Great news for PPP! You know what that means - another 5% drop tomorrow.
Eric Sprott is now involved is he not?!! Guy has a history of flipping miners upside down and making some coin. This makes me a bull unless someone can convince me otherwise?!!!
I'm thinking if there's no insider buying at these levels then the outlook is bleak.
I have been holding PPP for a while and under the water with the average of 83 cents/share. This stock has been bleeding everyday and might be headed for a reverse split. That is very sad!
Primero is now spring-loaded. The market is not giving any credit to Mr. Conwayss proven ability to turn things around. The strike will end, the tax-issue will likely get resolved, they're cutting costs, and gold is on the rise. He wouldn't have taken this assignment, if he wasn't certain he could turn things around. I"m all in!
This company compare it to hnr, harvest natural resources, this is one of the safest plays and best returns for a 2-4 year long on the market
Primero Mining Announces $75 Million Term Loan Refinancing and Organizational Review - Junior Mining Network
TORONTO, ON--(Marketwired - February 27, 2017) - Primero Mining Corp. ('Primero' or the 'Company') (TSX: P) (NYSE: PPP) is pleased to announce it has entered into a binding term sheet with Sprott Resource Lending Partnership ('Sprott') for a $75 m