GREY:PGDIF - Post by User
Post by
angryolmanon Sep 17, 2017 11:03am
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Post# 26706382
For What It's Worth...
For What It's Worth...Here's my 12.5 cents worth on what pgd is "worth": 1) Today (based on Kennady market cap): 37 cents. 2) If NPV doubles based on latest drilling: 75 cents. 3) 50/50 JV in place: $1. 4)Total buyout of the district by a DB: $2 (bros. won't settle for less. 5) Operating mine with road: $1.50. 6)Bros. buy out remaining shareholders: $0.50 (That's a 25% premium to 37 cents). So, why isn't pgd trading where it should? There's the billion dollar question. Personally, I think it's because the new iPhone is out.