Prodigy Gold Inc KXLAF

so do you all think PDG

[ladylaj]

is still a good buy at this price??? or wait to it goes back into the 50s?

[MELLOW88]

yes....PDG is a good buy still IMCO...I doubt it will go back to 50;s anytime ..Most of the Explorers with 3 to 4 million ozs proven reserves trade in the $ + dollars...say 2 to 3$ at least,,,PDG has more ozs of roven reserves, in good old SAFE Canada, and in addition  will be suported from here on by a rising Gold price, which is going much higher,,, Mellow

[Nomad3]

Price of the stock is meaningless, whats important is the market cap and you need to look at  the Enterprise Value.  Prodigy has 6million oz of gold at a .3gpt cutoff and about 4.5m oz of gold at a .6gpt cutoff. Measured and indicated resources have had a buyout value of about 70-150 OZ.  Therefore the value of this company on the low side is around 300 million or roughly 1.05/share

[kojack1]

Screwed up markets, gold up 15 bucks and we're down 2 cents go figure....