GREY:PGDIF - Post by User
Comment by
mill44on Feb 17, 2015 3:07pm
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Post# 23436899
RE:RE:RE:What Price?
RE:RE:RE:What Price?My only problem with the logic is the environment. Most miners have been bleeding cash for 4 years now and we don't know if that has ended yet. Buying PGD now would mean paying for every speculation on Chidliak. Some will turn out ok, some will not. If you can sell it to your board as too cheap to leave it there, good. But in PGD's case there is little chance you will get it at a bargain.
You could wait a few months and see what's proven, but then the question will be why would the 3 big guys sell. If a big company can pay enough for them to consider selling then make a good profit on it, why not just keep it and take the profit as well? Besides, I think Robert is over 60. He won't have time for an other play that takes 10-20 years, he might want to see this one finished instead.