GREY:PGDIF - Post by User
Comment by
Kidlapikon May 16, 2016 7:10pm
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Post# 24879001
RE:RE:RE:Cash position
RE:RE:RE:Cash positionHmm very goo point maggie, the threat of a rights offering would very much scare off any potential US interest. A JV deal or % sale could re-assure US investors to re-enter the stock.
Also I received this statement in regards to my inquiry to PGD about their cash position:
As per our latest SEDAR filing, ( www.sedar.com)
At May 11, 2016 the Company had working capital of approximately $5.3 million and cash resources of approximately $5.7 million