Prodigy Gold Inc KXLAF

Warrants...

[red911]

The GGR warrants had to be cleared off the books... they were warrants that were issued by GGR and were in the money... PDG likely wanted them off the books... nothing wrong with that.   Money in the bank for PDG.

I think the only remaining significant number of warrants outstandingare the 3.5M @
.60... acquired by Macquarie in their
.45 PP...remember the
.45 PP done when share price was just
.30?... IMO wewill likely see these 'forced exercised' when share price trades above
.75 for a few weeks... which may not be that long in the future.

There are NO WARRANTS associated with the latest $20M PP... that is a very good and very big step in the progression here IMO... no warrants could likely mean that they fully expect to do next financing at much higher prices and do not need to add 'extras' to get houses to participate in their PPs.  Again, a very good thing IMO.  Would love to see this PP close tomorrow.

Good times ahead.

red911

P.S. Check out this 2006 assay table from Magino... check out the grades...


  Table1.  Selected Historical Drill InterceptsBelow Magino Mine
                       Depth From     Drill Indicated
Drill        Section     Surface        Width         Gold Grade
Hole No.    Easting    FeetMetre    Feet   Metreoz/ton  g/tonne
---------------------------------------------------------------------
S85-18         1500     425130     4.0    1.222.36   80.91
S88-03         26001300     396     5.51.68     1.08   37.03
S88-182        2250     550168     4.0    1.221.55   53.14
S88-09         3250    1200366     4.0    1.221.30   44.57
U88-151        3500     600183    15.4    4.691.24   42.51
U88-175        3600     800244     4.2    1.283.20  109.72
S86-14         4200     450137     9.0    2.740.86   29.49
S88-07         4250     500152     6.6    2.011.06   36.34