GREY:PGDIF - Post by User
Comment by
aea257on Jul 08, 2015 10:26am
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Post# 23902624
RE:RE:RE:Yes we can value the royalty
RE:RE:RE:Yes we can value the royaltyoiltar wrote:
Don't let a 22 cent stock price fool you Eric and Robert have set PGD up for a bidding war on the CH-7 results.For those who want to see the future of PGD look to Roberts creation of a bidding war for Diamond feilds were he pit Inco in one corner and Falconbridge in the other.He axtracted a $5 billion from Inco bid for Voiseys Bay with in situ value of only $2.5 billion at the time.
PGD has outlined a $7 billion ore value and thats a rising number with more exploration.
Buy all the shares of PGD you can now ahead of the CH-7 results and wait for the bidding war.Its comming
So based on these figures we could see a 15 billion bid to take out Chidliak.
15 billion/300 million . $50.00 SP?