Comment by
Nomad3 on Aug 28, 2012 5:32pm
I think we can all agree PDG should be trading at around 50-70oz in-situ for the stage its in, the location, open pit, its IRR , its low strip ratio etc. Fair buyout would be 1.50 a share. My guess is that its being held down to facilitate a takeover at ~1.00/shr .
Comment by
kojack1 on Aug 30, 2012 3:44pm
Management keeps diluting the number of shares, soon we will be at a billion, there are little updates for us shareholders so there are many of us that don't trust managemment and i'm sure there are others out there.