GREY:KXLAF - Post by User
Post by
muffin17on Sep 23, 2011 8:42am
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Post# 19075567
PDG Ready to lift-off
PDG Ready to lift-offI have completed my dd on pdg. I doubled my position and will wait now. My expectation after reviewing all the infill drilling resultrs available publically is that the existing resource will increase significantly when the PR comes out by EOM.
While it is a positive, the latest news release stated that PDG will recover 82% of the mined ore below the cut-off grade of o.35g/t. We cannot determine the value of this tidbid because only grades above the 0.35 g/t are reported in the PR's.
Suffice it to say the new resource calculation could have some very nice surprises to the upside. The company has been executing its plan to a T. There are less than 6 trading days left until we find out what we really have on our hands.
Game changing events are in the works I think!
I'm in and holding!
Muff