GREY:PGDIF - Post by User
Comment by
mill44on Dec 15, 2015 10:46am
78 Views
Post# 24385346
RE:RE:From Will P stockwatch tonight
RE:RE:From Will P stockwatch tonightThis is what I have been talking about for 2 years. Everythingthey do is "careful" since Robert joined. Not one sentence when DeBeers left about the decision being an internal one, not a reflection on the project. And today we know that Anglo could not take on any more debt.
https://www.fin24.com/Companies/Mining/why-anglo-is-forced-to-cut-85-000-jobs-20151209
They did 2 financings at prices that shocked the market, but they want to be conservative with every result they get.
This is where it leads:
KDI: 1$ -- 2.5$
SWY: 2.4$ -- 0.69$
LUC: 0.9$ -- 2.3$
PGD: 2$ -- 0.13$
MPV: 6$ --3.4$
DDC: 12$ -- 11$
Ekim, I did a 5 year period, since we are proud of being long term holders of PGD. During that period PGD dropped over 90%. And that, Cudjo, shows you that PGD is not the best short on TSX. It was, though.