GREY:KXLAF - Post by User
Comment by
mack2000on Jun 11, 2000 11:33pm
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Post# 2048690
RE: LC property
RE: LC propertyif pdg loses the right (has till July at the latest ) then they would right it off 120 mill around .30 cents / share .they will announce soon if they will mine this property i believe that if they do it will be at a much smaller scale and it should be positive for the stock if they CHOOSE to not proceed with LC then again i think it will be positive for the stock cause at least there is no more guessing and uncertainities and it will save them to spend 500 mil on a low grade high cost property either way shareholders should win and we will know soon enough .