Prodigy Gold Inc KXLAF

RE: De-watering Permit...

[red911]

Noobs here might be interested in this... especially in light of recent comments by Maher re: "There is really no reason to go slow or delay especially if you have a project like ours which has an operating history, metallurgical tests already completed and 1,300 drill holes already present. We can somewhat fast-track this type of gold project."...
Just before (July 2010) KXL and GGR announced merger (August 2010) GGR obtained this de-watering permit for Magino Mine Shaft valid until 2015.  Seems a little premature as it comes before even the PEA is completed... or is it? 
https://www.downloads.ene.gov.on.ca/envision/env_reg/er/documents/pttw/2011/010%209644.pdf
Magino is a past producing MINE.  The past producing mine did not even consider the open-pit scenario now proving significant grades and widths.  Some here are applying a value to Magino as if it is a greenfield project... Magino is a brownfield project... much is known about the geology, metallurgy, recoveries, etc. that should also be factored in here and should warrant somewhat of a 'premium' in terms of share price.  They are working towards a BFS in short order but sometimes these are not necessary and things move quicker than anyone would have anticipated.  IMO continued drilling success in the months ahead and we will see daily moves in share price like we saw in all of last week.
PDG could see an offer on the table for Magino at any time IMO.
red911