Post by
oiltar on Jun 30, 2016 3:04pm
Do not rule out LUC
As a bidder or JV for PGD.
LUC has $160 million in cash and is near sikwane and would very much like a super grade Canadian mine.They produce 600,000 cts per year.A bid for PGD gives them a production pipeline to 1.6 million per year that grows its production over 100% when they open Chidliak.
It also give a nice dividend to bout out PGD shareholders.
Comment by
schocor on Jun 30, 2016 3:18pm
You should call the Lundin's and them and tell them to buy PGD. I means you own 1.5M shares of PGD ($300K worth) so why would then NOT want to hear from you?