NO JOKE!
The JOKE is on us shareholders-the management is laughing all the way to the trough-they've got 8 million dollars worth of PZG stock (and maybe much more depending on how well PZG does) they can monetize over the next 3 years and even though there has been no funds to raise the profile of the Company and they had to do a dilutive 12 cent financing to keep the wolf from the door, from here on in there will be plenty of cash for salaries and business expenses. Besides Sprott I wonder who bought that paper in a semi dormant pubco?
I can't believe that Sprott is just going to sit there and let these guys milk this thing as there does not seem to be any plan to do any exploratory drilling on any of the Company's existing properties-not that management has been willing to share with their Public Shareholders anyway. Does anyone know how many shares tSprott has and in what entity they hold them?
It might be that Mr. Friedberg at PZG would look at taking this deal over as they have 6 million of PZG's shares and some information on some Mexican properties that could be of interest to a Company that has existing interest in mining in Mexico.
If this is the best that Steve and Barry can do interms of creating shareholder value please bring in some management who would have some concern for the Public shareholder. Look at the chart for the last 5 years-pretty pathetic-BUT NO JOKE!