GREY:PGDIF - Post by User
Post by
explorer49on Jan 17, 2014 6:27pm
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Post# 22106388
Sobering comparison between PGD and SWY
Sobering comparison between PGD and SWYGood report from Kaiser today. But comparing PGD with SWY is troubling considering that SWY is permitted, road accessible and ready to go. SWY PGD Resource 44m carats ~15m Price $190/c ~$200/c Value $8.4B $3B Shares 163m 144m Market cap $125m $82m It's going to take massive amount of money (read dilution) to get Chidliak to same level as Renard. Kaiser says $15m for 2014/15. At current share price another 20m shares. Engineering studies another $50m and construction about $1billion. Scary! SWY looks like a much better bet at this stage.