GREY:PGDIF - Post by User
Comment by
Kidlapikon Dec 05, 2014 3:27pm
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Post# 23200893
RE:RE:RE:RE:another new low
RE:RE:RE:RE:another new lowI think the location is playing a big part on the negativity towards this stock. Look at KDI. They have statistically small results, just had a large set back in cpt results and they are still above $100-million market cap. PGD has $1.5bil with another possible $2bil about to be shore'd up just in one very shallow over burden kibmerlite and they are sitting at $33-Mil market cap.
But people see where it is on a map and go wow no chance that can happen. Iqaluit is the Yellowknife of Nunavut. If Baffinland can get built with the logistical issues of THAT location Chidliak would look like it was in Southern Canada.