Post by
uLYSESS on Mar 04, 2017 9:24am
off-topic, NXG, PGD mgmt
This dip is a good place to buy NXG; Mgmt at PGD appears to treat the shareholders as peons ....maybe that is part of the problem here that has been overlooked ....the Friendlands don't need money, so if ten years ago you or I were hopefully that this stock would fuel our early retirement, pay for college tuition, etc. We were mistaken. The Friendlands don't have these issues,coupled that with a project that obviously does not have private equity or another major jumping in ...and we all have been had If DeBeers was chased away, quite a blunder ...if they walked-well I assume they know more about diamond mines and the diamond business then some of our cheerleading posters here That really is the bottom line here
Comment by
Kidlapik on Mar 04, 2017 1:09pm
You are right that the Friedlands dont need the money but they are also not in the habit of wasting money, especially their own. They have put millions of dollars into the coffers and they didnt do it without good reason.
Comment by
northmark on Mar 04, 2017 1:25pm
You are right Kidlapik, they don't need the money. My worry is that they don't need us.