RE: RE: Osisko traded over $16.00...and has aboutHey..bud...thanks for that clarafication...I should have known that...they recently raised a Large ampunt$$ to get their production going...well if you say thei shares out are double ours, then I would say, PDG will move up alot faster then I thoughtsince the amount per ounce in the ground will more than likely, ihat an ounce in the ground OSK was given about $300, while we at PDG are thus far , are only getting $50.00...that.s a long way from $300 osk is getting...
But I supposeit is only a matter of time, before we get proper valuation for our ounces in the ground....It took them many years to get to that valuation of $300 per ounce...Mr. Maher himslef stated that we are very undervalued, no argument here wat so ever....I think thee key is to complete the infill, and the new gold zones drilling found thus far, which in my estimation and considering the size of this Large land package thar envelops Magino. we should be double our resources to about 6 to 7 mllions ounces, and then we would only need to drill for 3 million ounces to match OSK....We may ib fact find moremillions of ounces when we begib deep drilling below the 600Ms...
I must say that I am very optomistic indeed about the deep part, for a number reasons, many of them I have already posted, however there is one more reasons which puts the icing on this Magic Magino cake, and that is on Page 6 of the current .April 11-11, you can clearly on that map, that PDG is not very far at all from famous Hemlo mine, which was also drilled for years, but it wasn.t until the Geos were urging Mr. Pezzim to drill much deeper than they had been drilling, and they would find the Motherload, which of course they did, and all became legends, and rich ones at that...Now I am just making an observation wiich I believe is going to turn out the same way....However this time Gold will be closer to $2000.00, and not $500 or so as it was then for Hemlo...I say this after syudying the regional Geology, and the similarities between Hemko and Prodigy, ie...wide spread systematic and continuous disseminated zones of lower Gold grades ...that is how Hemlo started off, until they did the deep drilling, and found the Hemlo treasure...Abother compelling similarity is of course the minerlization with suphides...Let.s hope that I am a least half right....lol...
Good luck again to all PDG holders, we may have ia very brilliant future indeed....