Up 435% YTD and 84% since our initiation, Prime Mining (PRYM CN) has now articulated a detailed exploration programme and further strengthened its management team, meanwhile gold price performance has as expected driven a positive rerating in exploration and development valuations with the peer group EV/resource multiple up 64% since our initiation to US$171/oz. With exploration results expected through the balance of the year, we believe that PRYM’s initial rerating driven by the gold ....