GREY:PGDIF - Post by User
Comment by
ekimon Dec 05, 2014 2:41pm
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Post# 23200626
RE:RE:another new low
RE:RE:another new low@10 cents you looking at valuation of a company that equates to the total cost of the Bulk sample program from start to PEA.
At that point, you are putting all your $$'s on Red (ie. PEA) with no plan B if it lands on Black.
Get that LDD drilling in Feb/March this year. RC or core drill during the summer to get as much tonnage as possible out of those kimberlites and then roll the dice on the PEA.
On the flip side, you wouldn't even attempt to roll the dice on any of this if the original Valuations on CH-6 were considered marginal to weak.
Risk/Reward is getting through the roof here.
LONG...PGD
EKIM