Post by
red911 on Mar 24, 2011 9:22am
Facts are...
$11M in cash (i.e. no PPs)... 18,000m of assays pending (1000s of m's of drilling completed)... PEA due in April... Bankable feasibility by Q1 2012.
Magino is a 2M oz Au deposit (open-pit to start) that is likely only going to get bigger in the coming months.
PDG market cap is only about $80M... 3-4-5M oz Au deposit deserves a market cap of much more.
All this will keep momentum going here for a while yet IMO.
red911
Comment by
coffinraider on Mar 24, 2011 10:45am
Your Facts. Not the facts. Again you are mistaken.
Prodigy Reports Indicated Gold Resources of 1,924,200 Ounces and Inferred Gold Resources of 587,100 Ounces at Magino
https://www.prodigygold.com/_resources/news/NR_2011_02_28.pdf
Comment by
coffinraider on Mar 24, 2011 11:07am
Wholly owned by Prodigy Gold .
Comment by
hrattle on Mar 24, 2011 11:14am
Wholly owned by Prodigy Gold .Duh!!! This is what I said in my first post: "The mineral rights to Magino are still held by GGR - which is a wholly owned subsidiary of PDG."Are we arguing because you can't read....
Comment by
coffinraider on Mar 24, 2011 11:56am
DUH is right , PDG is the controlling entity. Perhaps you should elaborate on what you think and what it means for the company and shareholders.Do you think GGR holds a percentage or is even a listed company anymore or just what do you think anyway.
Comment by
coffinraider on Mar 24, 2011 12:59pm
Where is it documented that the former GGR holds the rights to Magino ? (its bs)You are going to have a tough time linking us up with that one. The ball is in your court.
Comment by
coffinraider on Mar 24, 2011 2:29pm
Let me correct and re-phrase my original request . hrattle , the only thing that matters is what if any percentage does GGR retain outside of warrants documented in the filings.? GGR shareholders are now PDG shareholders. Back in your court.
Comment by
RODBUSTER on Mar 24, 2011 2:31pm
sorry coffin, just having fun with the wack job JDF/mellow/mellow99/Savadoral/NormanBuick etc etc etc............