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Bullboard - Stock Discussion Forum Prodigy Gold Inc KXLAF

GREY:KXLAF - Post Discussion

Prodigy Gold Inc > What does a director do to warrant
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Post by Dorje on Aug 05, 2011 10:04am

What does a director do to warrant

options on over a million shares? PDG is a fledging miner borne of a former fiddle so scandulous it required a name change and the outing of the former CEO.I thought we were on the road to reforming PDG into a respectable and honest enterprise.
When cleaning house some greedy and unnecessay directors should have been removed. their names are obvious
Comment by red911 on Aug 05, 2011 10:21am
I have mostly been giving PDG the benefit of the doubt but I agree it is very hard to justify the falling share price and chalk it up to purely 'market conditions' when presented with the insider report below... and given the history here as well.  IMO there is plenty of time to issue options once a company has proven its worth... a non-producing explorer in a depressed market when ...more  
Comment by harry_reele on Aug 05, 2011 12:04pm
The timing couldn't have been better to profit and drive the sp down in an already falling market. Watch the volume now as the cherry picking ensues in preparation for the coming QE3 announcement and subsequent bull rally in the markets to follow.As i said, there isn't going to be a better time to pick up PDG as cheaply as it will now .
Comment by hrattle on Aug 05, 2011 2:37pm
there isn't going to be a better time to pick up PDG as cheaplyWell Harry that's an easy prediction to verify. PDG has fallen below a support level - the next support is mid-30s. My bet is that you can pick up PDG (if you want) below 40 cents (perhaps as low as 35 cents) within 8 weeks. I wouldn't short PDG - too much risk for this - but let's see which prediction wins.
Comment by Ummmrrr on Aug 07, 2011 9:36pm
It closed under a support line, but was held at the 200 day ma.
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