GREY:KXLAF - Post by User
Post by
red911on Mar 24, 2011 9:22am
196 Views
Post# 18333125
Facts are...
Facts are...$11M in cash (i.e. no PPs)... 18,000m of assays pending (1000s of m's of drilling completed)... PEA due in April... Bankable feasibility by Q1 2012.
Magino is a 2M oz Au deposit (open-pit to start) that is likely only going to get bigger in the coming months.
PDG market cap is only about $80M... 3-4-5M oz Au deposit deserves a market cap of much more.
All this will keep momentum going here for a while yet IMO.
red911