GREY:PCGLF - Post by User
Post by
bluesky999on Oct 06, 2012 3:19am
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Post# 20455946
New to the board
New to the board I have been researching and watching this stock for months. At 50 cents I didn't think it had any down side but I fortunately stayed on the side lines as everything was getting it's a** kicked. At 17 cents it looks like a bargain. Granted, they are out of cash but this sure seems like a sellable asset. Given that it is a past producing mine with a good deal of infastructure, even without a feasibilly study u would thing they could get 50 dollars an oz. I havent done the exact math but it would amount to 75 cents plus cents a share. Why don't they just put it up for sale?
Am I missing something here? Is management weak or not connected? Would appreciate any insight from the board.
Cheers
Bluesky