RE: RE: What do you value Prognoz at?Well we can all agree to disagree, but consider this. The Detour shares held are now up to 30 million plus, Prognoz value is ? say 50 million, and the rest? If you were these guys, having invested when all this was worth much less than today, and you were a multi billion dollar company, sitting with over 300 million shares, what would you do????
Lets see, let it go broke, because of needing some millions of dollars now, arrange financing, sell some of these assets, or fund it on an interim basis yourself and try to reap the rewards. They can say whatever, but as I have repeatedly said, IF the gold and silver price continue up, as they may well, and appear wanting to do, the value will not be denied at some point. It would be different if gold and silver were trading down, but they ARE NOT. Accordingly, they could sell Prognoz, the Detour stock and African assets, and probably be in positive cash position. This is not bankruptcy, it is a managment of assets and production. That appears to be a fact. If they are going to try and pull a fast one on Prognoz for example, it will be interesting, the attempt that is, as silver now $13.10 U.S.
So we shall see what happens. I am sticking to my theory. Assets will assert and overwhelm everything else shortly.IMO