GREY:PGDIF - Post by User
Post by
Kidlapikon Oct 06, 2017 5:42pm
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Post# 26787966
Ideal PGD scenario
Ideal PGD scenarioExactly what happened to this company.
https://www.msn.com/en-ca/money/topstories/this-junior-miner-surged-five-fold-on-mine-asset-sale/ar-AAsXoVO?li=AA54rW&ocid=spartanntp
Frank Marasco, chief executive officer of West High Yield, said he got the price he deserved for the asset on 7,891 acres near Trail, British Columbia, just north of the Washington state border. The deal shows the company’s shares have been “suppressed” for the past four years due to poor market conditions for junior miners, Marasco said Thursday in a phone interview. The stock has been listed on the Toronto bourse since 2006 and never traded above 98 cents until Thursday, when it soared as high as C$3.80.