GREY:PGDIF - Post by User
Comment by
stalwart1on Mar 02, 2011 10:57pm
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Post# 18223206
RE: Financing Coming??
RE: Financing Coming??The stock is not getting killed. The technicals were showing a retace to 2.00 or even 1.70 in the short term. Keep in mind the financing paper done at 2.50 is free trading on march 4th. No other financings are planned at this time. Kaiser had a update a week and a half ago and was a bit less bullish on pgd then previous. To date nothing has changed on the fundemental side of PGD. If Eric is happy to own 22% of the company as stated on sedi then i think i am happy following him putting his money where his mouth is. Diamonds are not a standard resource play and require patience. The winter program is to start very soon and as kaiser says ' THUS IS THE MAKE OR BREAK YEAR" .
lONG